$4,595,000
 $24,667 est/mo Sourced by Back At You

1956-1960 Stonehenge Avenue,Bowling Green, KY 42101

Bowling Green, KY 42101

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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 $503,460 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.

Details

MLS #RA20263440
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2000
Days On Site147
Listing Provided ByCrye-Leike Executive Realty | Zack Puckett

Features

Units50
Acreage3.32

Utilities

UtilitiesSeparate Metered

Area Information

StateKY
CountyWarren
CityBowling Green
Zip Code42101
AreaWarren County
SubareaWarren County
Community NameCedar Grove
School DistrictWarren Central
Elementary SchoolWarren
High SchoolWarren Central
Listing VS Median (in Cedar Grove)
Price:
$4,595,000
low | high
Med:
$0
On site:
147
low | high
Med:
Sourced by Back At You

Market Activity 42101

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The information is being provided by REALTOR® Association of Southern Kentucky. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 REALTOR® Association of Southern Kentucky. All Rights Reserved.

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Learn More About This Property

StateKY
CountyWarren
CityBowling Green
Zip Code42101
AreaWarren County
SubareaWarren County
Community NameCedar Grove
School DistrictWarren Central
Elementary SchoolWarren
High SchoolWarren Central
Listing VS Median (in Cedar Grove)
Price:
$4,595,000
low | high
Med:
$0
On site:
147
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $3.446M - $5.743M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
314 Audley Avenue Property Photo 1
$4,800,000
314 Audley Avenue
Bowling Green, KY 42101
Listing Updated: October 20, 2026 at 11:51:20 AM PDT