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325 Cherry way 1 Unit Apartment Building Offered For Sale Bowling Green, KY 42101
INVESTMENT HIGHLIGHTS
- Untapped Value-Add Opportunity.
- Strategically Situated Near Thousands of Jobs and Major Employers.
- Operational Efficiency and Other Income Maximization.
- Favorable Submarket Demographics.
EXECUTIVE SUMMARY
Northmarq is pleased to present the Bowling Green Portfolio, which offers significant value-add potential through interior upgrades, enabling rental premiums of over $125 per unit. Operational efficiencies, including professional management and ancillary income, will enhance NOI and market visibility. Proximity to major employers like General Motors, Envision AESC, and Tyson Foods ensures sustained tenant demand, bolstering long-term investment appeal. With favorable demographic trends and anticipated retail and industrial developments, the portfolio is positioned for strong growth within Bowling Green's rapidly expanding submarket. The Bowling Green portfolio presents a compelling opportunity for investors seeking an ideal value-add portfolio with attractive returns.
PROPERTY FACTS
| Sale Type | Investment | Building Size | 13,000 SF |
| No. Units | 1 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1977 |
| Apartment Style | Single-Family Home | Parking Ratio | 0.92/1,000 SF |
| Lot Size | 0.88 AC | ||
| Zoning | C - Multi-Family | ||
| Sale Type | Investment |
| No. Units | 1 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Lot Size | 0.88 AC |
| Building Size | 13,000 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | C - Multi-Family |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1.5 | 1 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 040A-01-170 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,678,212 CAD |
PROPERTY TAXES
Parcel Number
040A-01-170
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,678,212 CAD
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325 Cherry way
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