Listed by Crye-Leike Executive Realty
$2,675,000
1956 Stonehenge Avenue
Details
APN 040A-58-078
Property Type Multifamily
Units 26
Occupancy 100%
Class C
Year Built 2000
Buildings 4
Stories 1
Acreage 1.770
26-Unit Multifamily Investment Opportunity
Marketing description
- 26-unit multifamily community across 4 buildings
- Approximately $272,040 annual gross income
- 100% occupied with separately metered utilities
- Unit mix includes 18 townhomes, 4 two-bedroom units, and 4 one-bedroom units
- Prime Bowling Green location adjacent to Walmart and Veterans Memorial Highway
- Excellent value-add opportunity with strong cash flow and long-term appreciation potential
Investment highlights
Exceptional opportunity to acquire a 26-unit multifamily community in one of Bowling Green's fastest-growing markets. Situated on 1.77± acres adjacent to Walmart and Veterans Memorial Highway, this income-producing property consists of four buildings with a strong mix of townhomes and apartment units. Currently generating approximately $272,040 in annual gross income, the property offers immediate cash flow and significant value-add potential through rental increases and operational improvements. Located near major employers, shopping, and everyday conveniences, this investment is well-positioned to benefit from Bowling Green's continued population growth, expanding workforce, and strong demand for quality rental housing.
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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