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$ 4,950,000
Est. payment | /mo
5 Beds
3.5 Baths
2,450 SqFt
$ 4,950,000
Est. payment | /mo
5 Beds
3.5 Baths
2,450 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $2,020
Subdivision Cedar Grove
MLS Listing ID RA20263440
Bedrooms 5
Full Baths 3
Half Baths 1
Year Built 2000
Lot Size 3.320 Acres
Property Sub-Type Multi-Family
Property Description
50-Unit Value-Add Multifamily Opportunity | Bowling Green, KY Excellent opportunity to acquire a 50-unit multifamily community in one of Kentucky's fastest-growing markets. Built in 2000 and located adjacent to Walmart on Veterans Memorial Highway, the property benefits from strong visibility, convenient access to major employers, and growing rental demand. The unit mix includes 26 townhome-style 2-bedroom/1.5-bath units, 12 two-bedroom/one-bath units, and 12 one-bedroom/one-bath units. Currently generating approximately $468,000 in annual gross revenue, the property offers significant value-add potential through rent increases and operational improvements. Bowling Green's strong population growth, expanding industrial sector, and continued job creation make this an attractive investment opportunity with both stable cash flow and upside potential. DO NOT DISTURB TENANTS. Showings available with acceptable purchase contract.
Location
State KY
County Warren
Area Warren County
Interior
Heating NaN
Exterior
Utilities Available Separate Metered
Schools
Elementary Schools Warren
Middle Schools Henry F Moss
High Schools Warren Central
Others
Tax ID 0040A-58-087
Listed by Crye-Leike Executive Realty
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