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.
| MLS # | RA20263440 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2000 |
| Days On Site | 147 |
| Listing Provided By | Crye-Leike Executive Realty | Zack Puckett |
| Units | 50 |
|---|---|
| Acreage | 3.32 |
| Utilities | Separate Metered |
|---|
| State | KY |
|---|---|
| County | Warren |
| City | Bowling Green |
| Zip Code | 42101 |
| Area | Warren County |
| Subarea | Warren County |
| Community Name | Cedar Grove |
| School District | Warren Central |
| Elementary School | Warren |
| High School | Warren Central |
| Listing VS Median (in Cedar Grove) | |
Price: $4,595,000 low | high Med: $0 On site: 147 low | high Med: | |
| State | KY |
|---|---|
| County | Warren |
| City | Bowling Green |
| Zip Code | 42101 |
| Area | Warren County |
| Subarea | Warren County |
| Community Name | Cedar Grove |
| School District | Warren Central |
| Elementary School | Warren |
| High School | Warren Central |
| Listing VS Median (in Cedar Grove) | |
Price: $4,595,000 low | high Med: $0 On site: 147 low | high Med: | |
![]() | $4,800,000314 Audley AvenueBowling Green, KY 42101 |