Townhome-Style
330 KENLEE CIR Bowling Green, KY 42101
For Sale
Contact for pricing
Townhome-style fourplex with 2-bedroom, 1.5-bath units and separate metered utilities.
Property Size3,840 SF
Price / SF$111.95
Days on Market81
Property Features for 330 KENLEE CIR
General Information
- Standard status
- Active
- Size
- 3,840 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2006
Listing Agency:
Crye-Leike Executive Realty
(270) 781-3377
Listed By:
Zack Puckett · License #251796
Source:
Crexi
Added: May 6
Changed: Jul 23
Last Checked: Jul 23 at 3:45AM
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 Crye-Leike Executive Realty
Investment Insights
Based on property information with market context.
This townhome-style 4-plex includes four units, and each unit offers 2 bedrooms and 1.5 bathrooms. The property has separate metered utilities, providing straightforward measurement and management of unit-specific usage. Based on the provided projections, the gross annual income is approximately $43,200.
Located at 330 Kenlee Cir in Bowling Green’s North Industrial Park area, the property is described as being near major employment hubs and key commuter routes. The listing also notes it may be available as part of a package investment opportunity alongside 374 Kenlee Circle.
Located at 330 Kenlee Cir in Bowling Green’s North Industrial Park area, the property is described as being near major employment hubs and key commuter routes. The listing also notes it may be available as part of a package investment opportunity alongside 374 Kenlee Circle.
Key Highlights
- Year built 2006 townhome‑style 4‑plex in Bowling Green’s North Industrial Park area
- Each unit offers 2 bedrooms and 1.5 bathrooms
- Projected gross annual income of approximately $43,200
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.8k | $14.28 |
| − Vacancy | −$3.2k | −$0.84 |
| EGI | $51.6k | $13.44 |
| − OpEx | −$15.5k | −$4.03 |
| NOI | $36.1k | $9.41 |
3,840 SF · lease $14.28/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$516.0K
$451.5K – $602.0K
NOI $36,120 @ 7.0% cap · market cap 8.40%
Second Best
Apartment 5plus
$481.5K
$421.4K – $561.8K
NOI $33,708 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$848.1K
$742.1K – $989.4K
NOI $59,366 @ 7.0% cap · market cap 13.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Townhome-style fourplex with 2-bedroom, 1.5-bath units and separate metered utilities.
Where is this quadplex located?
The property is located at 330 KENLEE CIR Bowling Green, KY.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Year built 2006 townhome‑style 4‑plex in Bowling Green’s North Industrial Park area; Each unit offers 2 bedrooms and 1.5 bathrooms; Projected gross annual income of approximately $43,200
