Multifamily Development Opportunity in
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5421 Scottsville Rd, Bowling Green, KY 42104
5.32-acre multifamily development with 40 approved units and clubhouse.
Property Size5,000 SF
Lot Size5.32 Acres
Price / SF$698
Days on Market215
Property Features for 5421 Scottsville Rd
General Information
Standard status
Active
Size
5,000 SF
Lot size
5.32 Acres
Property subtype
Multifamily
Zoning
RM4
Building Details
Year Built
2022
Units
12
Listing Agency:
BHG Realty
(270) 799-6006
Listed By:
Kent Bulle · License #KY 273796
Source:
Crexi
Added: Jan 26
Changed: Aug 14
Last Checked: Aug 29 at 6:54PM
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 BHG Realty
Investment Insights
Based on property information with market context.
This offering features a 5.32-acre multifamily development located on Scottsville Road in Bowling Green, Kentucky. The property has been approved and rezoned for the construction of 20 duplex buildings, which will total 40 residential units. Twelve units have already been completed as part of a modern development constructed in 2022. The property also includes a 5,000 square-foot clubhouse, which enhances resident appeal and offers additional income potential. There are also 12 on-site storage units. With entitled density, recent construction, and existing improvements, this property is positioned for continued residential development and long-term investment.
Key Highlights
- Approved and rezoned for 20 duplex buildings (40 residential units) on 5.32 acres.
- 12 completed units built in 2022** as part of a modern development.
- Includes a 5,000 square‑foot clubhouse** for resident appeal and income potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
259
Businesses Nearby
Explore this area
Business Placement
Demographics for 42104, KY
37,309
Population
17,619
Households
2.1
Avg Household Size
36
Median Age
42%
College-Educated
91%
High-School Grad
58.0 sq mi
ZIP Area
643
Density / Sq Mi
$73,975
Median Household Income
$39,433
Median Earnings
$980
Median Rent
$282,600
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?
Duplex - 5.32-acre multifamily development with 40 approved units and clubhouse.
Where is this duplex located?
The property is located at 5421 Scottsville Rd Bowling Green, KY.
What is the asking price?
The asking price for this property is $3,490,000.
What are key features of this property?
This property features: Approved and rezoned for 20 duplex buildings (40 residential units) on 5.32 acres.; 12 completed units built in 2022** as part of a modern development.; Includes a 5,000 square‑foot clubhouse** for resident appeal and income potential.
