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50-Unit Apartment Building
For Sale
$4,595,000

1956-1960 Stonehenge Avenue, Bowling Green, KY 42101

Multi-Family, Bowling Green, KY

Property SizeContact for details
Lot Size3.32 Acres
Days on Market144

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 5, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, 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

Additional Details

Tenant in Place Yes

Building Details

Year built 2000
Number of units 50
Listing Agency: Crye-Leike Executive Realty
Listed By: Zack Puckett · License #251796
Added: Jun 11 Changed: Oct 24 Last Checked: Nov 1 at 1:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

Built in 2000, this 50-unit apartment community occupies 3.32 acres and offers a mix of townhome-style and apartment residences. The configuration includes 26 two-bedroom, 1.5-bath townhome-style units, 12 two-bedroom, one-bath units, and 12 one-bedroom, one-bath units.

The property is located at 1956-1960 Stonehenge Avenue in Bowling Green, adjacent to Walmart and along Veterans Memorial Highway. Its unit mix provides multiple residential configurations within a single multifamily asset, including larger two-bedroom layouts and one-bedroom residences.

Key Highlights

  • 50‑unit apartment community built in 2000
  • 26 townhome‑style units with 2 bedrooms and 1.5 baths
  • 12 units with 2 bedrooms and 1 bath

Property Analytics

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Lease Details

50
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

191
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The community combines townhome-style residences with one- and two-bedroom apartment layouts.
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 $4,595,000.
What are key features of this property?
This property features: 50‑unit apartment community built in 2000; 26 townhome‑style units with 2 bedrooms and 1.5 baths; 12 units with 2 bedrooms and 1 bath
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