Current Use by Public Records
- Apartment buildings
Property Details for 0 Lovers Ln
- Year built
- 2000
- Lot size
- 22.67 lot acres
- Property type
- Apartment buildings
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Glasgow
- County
- Barren
- State
- Kentucky
- Longitude
- -85.942
- Latitude
- 36.9867
