1956 Stonehenge Avenue

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1956 Stonehenge Avenue

Bowling Green, KY 42101
Asking Price
$4.95M
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

50-Unit Multifamily Investment Opportunity in Bowling Green, KY | Strong Cash Flow, Value-Add Potent <ul><li>​<strong>50-unit multifamily community</strong> located in the heart of Bowling Green, Kentucky</li><li>​<strong>7-building apartment portfolio</strong> situated on approximately 3.32 acres</li><li>​<strong>Current Gross Annual Income:</strong> Approximately <strong>$503,460.00</strong></li><li>​Diverse unit mix including:<ul><li>​26 two-bedroom, 1.5-bath townhome-style units</li><li>​12 two-bedroom, 1-bath units</li><li>​12 one-bedroom, 1-bath units</li></ul></li><li>​Built in <strong>2

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NOI
$80,000
Cap Rate
1.62%
DSCR
0.27
Underwater
Cash-on-Cash
-14.40%
Monthly Payment
$24,489.899
Annual Cash Flow
$-213,878.79

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