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    5438 Bakers Spg St Bowling Green, KY 42101

    Sponsored
    For Sale
    $1,250,000

    Eight-unit apartment building, vacant, new construction.

    Property size:
    7,840 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a brand-new, eight-unit apartment building located at 5438 Bakers Springs Street in Bowling Green, Kentucky, zip code 42101. Completed in 2024, this property boasts a total of 7,840 square feet situated on a 0.58-acre lot. The building is a two-story structure, currently vacant, offering immediate potential for rental income. Each of the eight units features two bedrooms and two bathrooms, providing comfortable and desirable living spaces. The property's multifamily nature makes it an attractive investment for those seeking a strong return on investment in a growing market. The building's new construction ensures minimal maintenance needs in the near future, reducing operational costs and maximizing profitability. Its location in Bowling Green, Warren County, Kentucky, offers convenient access to local amenities and services. This is a turnkey opportunity for an investor looking for a high-yield, low-maintenance multifamily property. The asking price is $1,250,000. This property is currently vacant, presenting a unique opportunity to establish rental rates and tenant selection from the outset.

    Property Features for 5438 Bakers Spg St

    General Information

    Property type
    Multifamily properties
    Square Feet
    7,840 SF
    Lot Size
    25,265 SF

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    2
    Units
    8

    HighLights

    • Brand‑new, eight‑unit apartment building completed in 2024.
    • 7,840 square feet on a 0.58‑acre lot in Bowling Green, KY (42101).
    • Two‑story building with eight vacant two‑bedroom, two‑bathroom units.
    • Turnkey investment opportunity with high yield and low maintenance potential.
    • Asking price: $1,250,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bowling Green
    County
    Warren
    State
    Kentucky
    Longitude
    -86.5400674
    Latitude
    37.1184213

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    FAQs

    What type of property is this?
    Multifamily property - Eight-unit apartment building, vacant, new construction.
    Where is this multifamily property located?
    The property is located at 5438 Bakers Spg St Bowling Green, KY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Brand-new, eight-unit apartment building completed in 2024.; 7,840 square feet on a 0.58-acre lot in Bowling Green, KY (42101).; Two-story building with eight vacant two-bedroom, two-bathroom units.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5438 Bakers Spg St Bowling Green, KY 42101
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