50-Unit Value-Add Multifamily
For Sale
$4,695,000
1956-1960 Stonehenge Avenue, Bowling Green, KY 42101
MULTI_FAMILY - Bowling Green, KY
Lot Size3.32 Acres
Days on Market52
Property Features for 1956-1960 Stonehenge Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 5, Bathroom 1
Subdivision
Cedar Grove
Elementary school
Warren
Middle school
Henry F Moss
High school
Warren Central
Directions
From Veterans Memorial Ln, turn onto Stonehenge Ave. Keep going on Stonehenge Ave and property will be on your right at the end of the street.
Standard status
Active
Lot size
3.32 Acres
Building Details
Year built
2000
Number of units
50
Listing Agency:
Crye-Leike Executive Realty
(270) 781-3377
Listed By:
Zack Puckett · License #251796
(270) 779-2372
Added: Jun 11
Changed: Jul 28
Last Checked: Aug 1 at 7:06AM
MLS# RA20263440
Copyright © 2026 REALTOR® Association of Southern Kentucky, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This value-add multifamily community consists of 50 units in a property built in 2000. The unit mix includes 26 townhome-style 2-bedroom/1.5-bath units, 12 two-bedroom/one-bath units, and 12 one-bedroom/one-bath units. The property is currently generating approximately $503,460 in annual gross revenue and is being offered with an opportunity for operational improvements and rent increases. Please note that tenants should not be disturbed, and showings are available with an acceptable purchase contract.
The community is located at 1956–1960 Stonehenge Avenue in Bowling Green, Kentucky, adjacent to Walmart on Veterans Memorial Highway.
The overall configuration is a 50-unit apartment and townhome-style community with a predominantly 2-bedroom/1.5-bath and 2-bedroom/1-bath mix, supported by a smaller number of one-bedroom/one-bath units.
The community is located at 1956–1960 Stonehenge Avenue in Bowling Green, Kentucky, adjacent to Walmart on Veterans Memorial Highway.
The overall configuration is a 50-unit apartment and townhome-style community with a predominantly 2-bedroom/1.5-bath and 2-bedroom/1-bath mix, supported by a smaller number of one-bedroom/one-bath units.
Key Highlights
- 50‑unit multifamily property built in 2000
- Unit mix: 26 townhome‑style 2BR/1.5BA, 12 2BR/1BA, and 12 1BR/1BA
- Approximately $503,460 in annual gross revenue
Property Analytics
Property Profile
Current Use
Lease Details
50
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Built in 2000, this 50-unit mix of one-, two-, and townhome-style units generates about $503,460 annual gross.
Where is this apartment building located?
The property is located at 1956-1960 Stonehenge Avenue Bowling Green, KY.
What is the asking price?
The asking price for this property is $4,695,000.
What are key features of this property?
This property features: 50‑unit multifamily property built in 2000; Unit mix: 26 townhome‑style 2BR/1.5BA, 12 2BR/1BA, and 12 1BR/1BA; Approximately $503,460 in annual gross revenue
