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Remodeled Apartment Income Property
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352 Cherry Way, Bowling Green, KY 42101

Remodeled income property near Western Kentucky University with on-site laundry and recently updated exterior.

Property SizeContact for details
Days on Market137

Property Features for 352 Cherry Way

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 27

Amenities

on-site laundry facility
Listing Agency: Keller Williams First Choice Realty
Listed By: Justin Reesy · License #KY 214085
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams First Choice Realty

Investment Insights

Based on property information with market context.

This income-producing multifamily property includes the addresses 352 and 353 Cherry Way. The portfolio consists of 25 one-bedroom, one-bath units and two three-bedroom, two-bath units. Recent improvements include a complete exterior paint job and additional updates and repairs, with approximately $100,000 in renovations completed.

The property is described as being in close proximity to Western Kentucky University. It also features an on-site laundry facility for residents.

The current unit mix supports a blend of one-bedroom and three-bedroom layouts within a fully remodeled exterior package.

Key Highlights

  • Income‑producing property near Western Kentucky University
  • Sale includes 352 and 353 Cherry Way
  • 25 one‑bedroom, one‑bath units and 2 three‑bedroom, two‑bath units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Nail Salon Skin Care Clinic Pharmacy Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

27
Residential units

Location Intelligence

Trade Area within ½ mile

555
Businesses Nearby

Demographics for 42101, KY

64,444
Population
26,062
Households
2.5
Avg Household Size
30
Median Age
20%
College-Educated
83%
High-School Grad
281.0 sq mi
ZIP Area
229
Density / Sq Mi
$49,045
Median Household Income
$26,564
Median Earnings
$905
Median Rent
$188,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Remodeled income property near Western Kentucky University with on-site laundry and recently updated exterior.
Where is this apartment building located?
The property is located at 352 Cherry Way Bowling Green, KY.
What are key features of this property?
This property features: Income‑producing property near Western Kentucky University; Sale includes 352 and 353 Cherry Way; 25 one‑bedroom, one‑bath units and 2 three‑bedroom, two‑bath units
(270) 782-1811 Call to check price and availability
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