Juniper Hills is attractively sited with mature landscaping and is located directly across US 60 from the Juniper Hills Golf Course. Originally built as a Ramada Inn Motel, Juniper Hills is being converted to a 130 unit studio apartment community. Each studio is 400 square feet with mini-blinds and a private entrance. Unit renovations include new drywall, air conditioned units, countertops, sinks, faucets, carpet, light fixtures etc. Several buildings have received new roofs, all exterior building surfaces have been repainted, parking lots have been repaired, sealed and striped, new aluminum mailboxes have been installed and all exterior doors have received new brass trim and entry locks.

Frankfort is the capital of Kentucky with a population of 27,741. Juniper Hills is located within three miles of Kentucky State University and is in close proximity to retail amenities and large employers. Located in the immediate area of Juniper Hills are the Capital City Airport, National Guard Headquarters, Civil Air Control, Kentucky Housing Corporation State offices, Kentucky State Police Headquarters and numerous Kentucky state agencies and organizations.

This property is currently listed with Hendricks & Partners the nation’s largest multifamily advisory and research firm.

The asking price for this featured property: $2,190,000.00

For more information regarding this property as well as other investment opportunities please email John Foley at Info@PainterBayTrust.com.