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24-Unit Apartment Building
For Sale
$2,225,000

1960 Stonehenge Avenue, Bowling Green, KY 42101

MULTI_FAMILY - Bowling Green, KY

Property SizeContact for details
Lot Size1.55 Acres
Days on Market51

Property Features for 1960 Stonehenge Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 4
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 1.55 Acres

Building Details

Year built 2000
Number of units 24
Listing Agency: Crye-Leike Executive Realty
Listed By: Zack Puckett · License #251796
Added: Jun 22 Changed: Aug 10 Last Checked: Aug 11 at 7:06PM
MLS# RA20263693

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 24-unit apartment building is set on a 1.55-acre lot and was built in 2000. The unit mix includes 8 townhome-style 2-bedroom/1.5-bath units, 8 two-bedroom/one-bath units, and 8 one-bedroom/one-bath units.

The property is located at 1960 Stonehenge Avenue in Bowling Green, Kentucky, adjacent to Walmart on Veterans Memorial Highway, supporting visibility and convenient access to major employers in the area.

The current rental configuration is intended for multifamily operators looking for hands-on management, with the opportunity to improve operations through rent and performance adjustments. Tenants are in place, and showings are available with an acceptable purchase contract.

Key Highlights

  • 24‑unit apartment building on 1.55 acres
  • Built in 2000
  • Unit mix: 8 townhome‑style 2‑bedroom/1.5‑bath units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Building Supply Spa & Massage Center

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

24
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

178
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 - 24-unit multifamily community on 1.55 acres built in 2000 with a mix of one-, two-, and townhome-style two-bedroom units.
Where is this apartment building located?
The property is located at 1960 Stonehenge Avenue Bowling Green, KY.
What is the asking price?
The asking price for this property is $2,225,000.
What are key features of this property?
This property features: 24‑unit apartment building on 1.55 acres; Built in 2000; Unit mix: 8 townhome‑style 2‑bedroom/1.5‑bath units
More about this property
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