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Property profile & analytics
OFF-MARKET
Apartment buildings

0 Lovers Ln Glasgow, KY 42141

22.67 ac lot Built 2000
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of 173 townhome units located in Glasgow, KY, within Barren County, and spanning multiple addresses including Lovers Ln, Noahs Drive, Parkview Dr, Vine St, and E Main St, all within zip code 42141. Built between 2000 and 2020, this portfolio boasts a remarkable 97.67% occupancy rate, demonstrating strong market demand. The property sits on approximately 22.67 acres and comprises a mix of spacious two- and three-bedroom floor plans, many featuring garages and basements. Units average 1,200 square feet, offering some of the largest floor plans in the local market. The portfolio benefits from its location, approximately 20 minutes east of Bowling Green's major employers and equidistant to Nashville, Louisville, and Lexington, providing convenient access to a large workforce. The brick exterior townhome style and consistent maintenance contribute to the property's high occupancy and appeal. This portfolio presents a rare opportunity to acquire a well-maintained, newer construction community with significant potential for organic rent growth and operational efficiency improvements. The current owner is the original developer, offering a unique opportunity for a new owner to implement their own management strategies and maximize income potential. The portfolio's strong submarket fundamentals and historical underbuilding in the area further enhance its investment appeal.

Property profile
Verified
Property type Apartment buildings
Year built 2000
Lot 22.67 ac (987,505 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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