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5438 Bakers Springs 5438 Bakers Spring St 8 Unit Apartment Building $1,195,000 ($149,375/Unit) Bowling Green, KY 42101

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INVESTMENT HIGHLIGHTS

  • New 8-unit apartment complex available for sale.

EXECUTIVE SUMMARY

Don't miss out on this brand new 8-plex, featuring 2-bedrooms, 2-baths per unit, durable LVT flooring, granite countertops, stainless steel appliances, and washer and dryer hookups. Situated in a rapidly growing community, this property offers easy access to local amenities, making it highly attractive to renters. Possible rents of $1200/mo would bring in gross income of $115,200 annually.

PROPERTY FACTS

Price $1,195,000
Price Per Unit $149,375
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.58 AC
Building Size 7,840 SF
Average Occupancy 88%
No. Stories 2
Year Built 2024
Zoning R4 - Residential Multi-Family

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 8 $1,045 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
029B-06
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,205,800
  • Listing ID: 33252127

  • Date on Market: 9/20/2024

  • Last Updated:

  • Address: 5438 Bakers Spring St, Bowling Green, KY 42101

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