Listed by Crye-Leike Executive Realty
$2,275,000
1960 Stonehenge Ave
Details
APN 040A-58-076
Property Type Multifamily
Units 24
Occupancy 100%
Class C
Year Built 2000
Buildings 3
Stories 2
Acreage 1.550
24-Unit Value-Add Investment Opportunity
Marketing description
- 24-unit multifamily community across 3 buildings
- Approximately $231,420 annual gross income
- 100% occupied with separately metered utilities
- Unit mix includes 8 townhomes, 8 two-bedroom units, and 8 one-bedroom units
- Prime Bowling Green location near Walmart, Veterans Memorial Highway, and major employers
- Strong value-add opportunity with upside through rent growth and operational improvements
Investment highlights
Exceptional opportunity to acquire a 24-unit multifamily community in one of Bowling Green's fastest-growing markets. Situated on 1.55± acres near Walmart, Veterans Memorial Highway, and major employers, this income-producing property features three buildings with a diverse unit mix and 100% occupancy. Currently generating approximately $231,420 in annual gross income, the property offers significant value-add potential through rental increases and operational improvements. Strong population growth, expanding industry, and sustained rental demand make this an attractive investment for buyers seeking immediate cash flow with long-term appreciation potential in a high-demand location.
Listing Contacts
Listed by Crye-Leike Executive Realty
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Zoning
RM-4-BE ResidentialMulti FamilyMultifamily Residential District Binding Elements
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