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415 & 429 Upper Stone Ave. 415 Upper Stone Ave 16 Unit Apartment Building $2,125,000 ($132,813/Unit) Bowling Green, KY 42101
Investment Highlights
- Proven investment
- Immediate and consistent cash flow
- Turnkey property
Executive Summary
Exceptional investment opportunity at 415 & 429 Upper Stone Ave., featuring two 8-plex buildings for a total of 16 units. Each unit offers a 2-bedroom, 2-bathroom layout with approximately 870 square feet of living space, designed for comfort and modern living. Constructed in 2014 and 2015, these units deliver immediate and consistent cash flow with 14 of 16 units occupied. This turnkey multifamily asset is ideal for investors seeking stable income, strong rental demand, and a well-performing property in a desirable location.
Property Facts
| Price | $2,125,000 | Building Class | B |
| Price Per Unit | $132,813 | Lot Size | 0.48 AC |
| Sale Type | Investment | Building Size | 6,960 SF |
| No. Units | 16 | Average Occupancy | 88% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2014 |
| Apartment Style | Low-Rise | Parking Ratio | 1.19/1,000 SF |
| Zoning | multifamily - MultiFamily | ||
| Price | $2,125,000 |
| Price Per Unit | $132,813 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.48 AC |
| Building Size | 6,960 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 2014 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | multifamily - MultiFamily |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Double Pane Windows
- Handrails
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 16 | $875.00 | 870 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 050B-68-214 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $784,000 |
Property Taxes
Parcel Number
050B-68-214
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$784,000
Contacts
-
John Huggins -
Travis Ayers -
Trevor Ayers -
Coldwell Banker Commercial Legacy Group
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415 & 429 Upper Stone Ave. | 415 Upper Stone Ave
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