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5421 Scottsville Rd 12 Unit Apartment Building $3,200,000 ($266,667/Unit) Bowling Green, KY 42104
INVESTMENT HIGHLIGHTS
- 12 residential units already constructed
- 5.32-acre site approved and rezoned for 20 duplexes (40 total units)
- New construction completed in 2022
- 5,000 SF clubhouse amenity with rental income potential
EXECUTIVE SUMMARY
This offering presents a 5.32-acre multifamily development located at 5421 Scottsville Road in Bowling Green, Kentucky, approved and rezoned for 20 duplex buildings totaling 40 residential units. The project has already progressed with 12 units completed as part of a modern development constructed in 2022. The property also includes a 5,000- square-foot clubhouse that enhances resident appeal and offers additional income potential, along with 12 on-site storage units. With entitled density, recent construction, and existing improvements in place, the property is well-positioned for continued residential development and long-term investment along Scottsville Road.
PROPERTY FACTS
| Price | $3,200,000 | Building Class | B |
| Price Per Unit | $266,667 | Lot Size | 5.32 AC |
| Sale Type | Investment | Construction Status | Under Construction |
| No. Units | 12 | Building Size | 25,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 2027 |
| Zoning | RM4 - Residential | ||
| Price | $3,200,000 |
| Price Per Unit | $266,667 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 5.32 AC |
| Construction Status | Under Construction |
| Building Size | 25,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2027 |
| Zoning | RM4 - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 12 | - | - |
PROPERTY TAXES
| Parcel Number | 053B-23 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,900,000 |
PROPERTY TAXES
Parcel Number
053B-23
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,900,000
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5421 Scottsville Rd
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