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29778901
29778900

344 Dye Ford Rd, Bowling Green, KY 42101

Neal Turner Realty
Neal Turner Realty
Listed by Neal Turner Realty
$8,900,000
110 days on market
Updated 17 days ago

344 Dye Ford Rd

Details
APN 054A-56D
Property Type Multifamily
Sub Type Apartment Building, High-rise
Square Footage 49,052
Units 64
Cap Rate 6.21%
NOI $552,956
Occupancy 97%
Pro-Forma Cap Rate 8.27%
Pro-Forma NOI $735,949
Price per SqFt $181
Broker Co-Op Yes
Year Built 2018
Stories 2
Acreage 4.431
Zoning General Business with Binding Elements
Investment Type Stabilized
Ground Lease No

Multifamily | 64 Units | $139,062/unit

Marketing description

Introducing a prime investment opportunity in Bowling Green, KY! This impressive property at 344 Dye Ford Rd. boasts a 49,052 SF building with 64 units and was constructed in 2018. Zoned General Business with Binding Elements, it offers ample flexibility for future development. With a prime location and 97% occupancy, this multifamily/high-rise property presents an attractive prospect for investors seeking a solid and reliable income stream. Don't miss the chance to add this exceptional asset to your portfolio and capitalize on its strong track record of success. Includes 22 onsite storage units


A 4.431-acre investment site in Bowling Green, Kentucky, consisting of multiple apartment and storage buildings near Dye Ford Road in Warren County.

Investment highlights

  • 49,052 SF building

  • 64 units

  • 22 Storage Units

  • Built in 2018

  • Zoned General Business with Binding Elements

  • Located in the Bowling Green area

  • 97% occupancy

Listing Contacts

Neal Turner Realty
Neal Turner Realty
Listed by Neal Turner Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$552,956.27
$46,079.69/mo

Valuation Metrics

0
DSCR
6.21%
Cap Rate
6.21%
ROI

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