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Scott County · Georgetown

Sell Your Commercial Property In Georgetown, KY

We are an active buyer of Georgetown commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.

  • Clear feedback on your deal, typically within 48 hours
  • 5 to 100+ units, stabilized or distressed, listed or off-market
  • Owners, agents, and brokers welcome — every conversation is confidential

We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits

Areas We Target: Downtown Georgetown · Stamping Ground · Sadieville · Delaplain — Scott County, KY

The Georgetown Market

What Drives Rentals In Georgetown

Georgetown is home to Toyota Motor Manufacturing Kentucky, which the state called Toyota's largest production facility globally in 2021, with about 9,000 team members. Renters head 37.7% of Georgetown households, and median gross rent reached $1,255 in ACS 2020-2024. Owners preparing to sell commercial property in Georgetown, KY can see here how buyers price the market: HUD's FY2027 rents, a 95.27-cent combined 2025 tax rate, the state transfer tax and the landlord statutes in force. Georgetown also holds 96.0% of Scott County's homes in 5+ unit buildings.

01

Toyota Motor Manufacturing Kentucky

TMMK in Georgetown employed about 9,000 team members in October 2021, per a Kentucky economic development release.
02

Georgetown College

Georgetown College reported 1,130 undergraduate and 153 graduate students in Fall 2025, per its graduate catalog.
03

Out-of-county commuters

Of Georgetown's 19,674 workers, 39.2% held jobs outside Scott County in ACS 2020-2024 commuting data.

Our Buy Box

What We Buy In Georgetown

Full Buy Box

Asset Type

Multifamily, 5+ Units

Apartment buildings and income-producing residential.

Size

5 – 100+ Units

Sweet spot: 15–25 units.

Condition

Stabilized To Distressed

Value-add, mismanaged, and high-vacancy properties welcome.

Deal Types

Listed Or Off-Market

Direct-to-owner, pocket listings, portfolios.

Local Market Data

Georgetown Apartment Market

Figures gathered October 2026 from public market data.

37.7% Renter households 5,622 of 14,899, ACS 2020-2024
$1,255 Median gross rent Kentucky: $967, ACS 2020-2024
2,529 Homes in 5+ unit buildings 96.0% of the Scott County total
$1,416 HUD FY2027 2BR FMR Lexington-Fayette, KY MSA, from Oct 1, 2026
95.27 cents 2025 combined tax rate Per $100, Scott County school district
$80,088 Median household income Kentucky: $63,726, ACS 2020-2024

Who rents in Georgetown

Renters head 37.7% of Georgetown households, 5,622 of 14,899, per ACS 2020-2024 tenure data. Scott County's renter share is lower, at 28.3%, per the county tenure table. Georgetown holds 2,529 homes in 5+ unit buildings, 96.0% of the Scott County total. Just 19.8% of Georgetown homes predate 1980, per ACS year-built data.

Rents and affordability in Georgetown

Median gross rent in Georgetown was $1,255 a month in ACS 2020-2024, $288 above the $967 Kentucky median. In that period, 39.4% of Georgetown renter households spent 30% or more of income on rent, per ACS rent burden data.

Scott County sits in HUD's Lexington-Fayette, KY MSA fair market rent area, per HUD FMR documentation. Its FY2027 two-bedroom rent of $1,416 took effect October 1, 2026. Owners who sell commercial property in Georgetown, KY will see buyers compare rent rolls with that benchmark.

Unit sizeHUD FY2027 FMR
Efficiency$986
One bedroom$1,205
Two bedroom$1,416
Three bedroom$1,948
Four bedroom$2,108

Property taxes in Scott County

Georgetown parcels in the Scott County school district carried a combined 2025 rate of 95.27 cents per $100, per the Kentucky 2025 Property Tax Rate Book. That total adds the state's 10.6 cents, 15.57 cents of countywide levies, the school district's 62.9 and Georgetown's 6.2. A $2,000,000 assessment at that rate owes $19,054 a year.

Anyone planning to sell commercial real estate in Georgetown, KY also owes the KRS 142.050 transfer tax of 50 cents per $500 of value. A $2,000,000 sale owes $2,000. Under KRS 133.045, the tax roll opens for inspection for 13 days starting the first Monday in May.

Landlord rules for Georgetown rentals

Georgetown is one of 33 cities listed as Uniform Residential Landlord and Tenant Act adopters in a 2016 Legislative Research Commission fiscal note. Under KRS 383.660, a tenant has 7 days after written notice to pay overdue rent. KRS 383.695 sets 30 days' written notice to end a month-to-month tenancy.

Security deposits must be held in an account used only for deposits, under KRS 383.580. Since March 6, 2024, KRS 383.198 bars local landlord-tenant ordinances that conflict with state law.

What it means for a Georgetown owner

Owners who sell commercial property in Georgetown, KY meet buyers who weigh the $19,054 tax example against the $1,416 HUD benchmark. Georgetown's rental vacancy rate was 2.2% in ACS 2020-2024.

Skyline Capital Investments buys 5+ unit apartment buildings. To sell your apartment building in Georgetown, start with our cap rate calculator, then see how we buy apartment buildings directly.

Good To Know

Pricing Your Building In Georgetown

More about selling in Kentucky →
Investing in Georgetown? See apartment syndications in Georgetown →
  • ACS figures are 2020-2024 five-year estimates for Georgetown city, Scott County and Kentucky.
  • Owners who sell commercial real estate in Georgetown, KY owe $2,000 of transfer tax per $2,000,000 sold.
  • HUD's FY2027 fair market rents for the Lexington-Fayette, KY MSA apply from October 1, 2026.

Learn More

Taxes & Rules For Georgetown Property

The Kentucky rules that shape any deal in Georgetown: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.

Georgetown Seller FAQ

How do I sell commercial property in Georgetown, KY?

An owner can list with a broker or sell directly to a buyer of 5+ unit buildings. Buyers test Georgetown rents against HUD's FY2027 two-bedroom fair market rent of $1,416. They also price in the 2025 combined tax rate of 95.27 cents per $100.

What property tax does a Georgetown apartment building pay?

Kentucky's 2025 rate book puts the combined rate for Georgetown parcels in the Scott County school district at 95.27 cents per $100. That covers state, countywide, school and Georgetown levies. A $2,000,000 assessment owes $19,054 a year at that rate.

What transfer tax applies when I sell commercial real estate in Georgetown, KY?

KRS 142.050 taxes the grantor named in the deed at 50 cents per $500 of value. A $2,000,000 Georgetown sale owes $2,000. The Scott County clerk collects the tax before accepting the deed for recording.

How much of Scott County's apartment stock is in Georgetown?

Georgetown has 2,529 homes in buildings with 5 or more units, 16.2% of its housing stock, per ACS 2020-2024. That equals 96.0% of such homes in Scott County. Owners who sell multifamily property in Georgetown hold most of the county's apartment supply.

Which landlord law applies to Georgetown rentals?

Georgetown is listed as an adopter of Kentucky's Uniform Residential Landlord and Tenant Act in a 2016 Legislative Research Commission fiscal note. Tenants get 7 days after written notice to pay late rent. That timeline matters when selling commercial property in Georgetown with tenants in arrears.

Do I need to fix up my Georgetown building before selling?

No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.

Can I sell my Georgetown apartment building off-market?

Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.

Who buys occupied rental property in Georgetown?

We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.

What do I need to sell my apartment building in Georgetown?

An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.

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Selling A Building In Georgetown?

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