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Modern 8-Unit Apartment Building
For Sale
$959,000

706 Old Morgantown Road Bowling, Bowling Green, KY 42101

Built in 2018 with durable interior finishes, individual metering, patios, and efficient heat-pump systems.

Property SizeContact for details
Days on Market57

Property Features for 706 Old Morgantown Road Bowling

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 8

Amenities

Heat Pump
Gas
Patio, Separate Metered, Dimensional

Building Details

Year Built 2018
Listed By: Casey Simpson · License #2944905
Source: Kw
Added: Jul 9 Changed: Sep 1 Last Checked: Sep 3 at 5:10AM

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 Casey Simpson

Investment Insights

Based on property information with market context.

This 8-unit apartment property was completed in 2018 and contains eight matching residences. Interior finishes include luxury vinyl plank flooring, granite countertops, and stainless steel appliances, providing a consistent specification throughout the building. Heat-pump systems and gas service are also included.

Each unit has a patio, and the apartments are separately metered. The property is located at 706 Old Morgantown Road in Bowling Green, Kentucky, with a residential income configuration suited to multifamily ownership.

Key Highlights

  • 8‑unit apartment property completed in 2018
  • Eight matching units with luxury vinyl plank flooring
  • Granite countertops and stainless steel appliance packages

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

392
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 2018 with durable interior finishes, individual metering, patios, and efficient heat-pump systems.
Where is this apartment building located?
The property is located at 706 Old Morgantown Road Bowling Bowling Green, KY.
What is the asking price?
The asking price for this property is $959,000.
What are key features of this property?
This property features: 8‑unit apartment property completed in 2018; Eight matching units with luxury vinyl plank flooring; Granite countertops and stainless steel appliance packages
More about this property
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