1625 Parkside Dr Bowling Green, KY 42101

Property Details for 1625 Parkside Dr

Year built

1970

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a 52-unit apartment building portfolio located in Bowling Green, Kentucky. The portfolio comprises two properties situated at 1625 Parkside Drive and 325 Cherry Way, both within the desirable 42101 zip code in Warren County. Built between 1970 and 1977, this portfolio offers significant value-add potential through interior renovations, projected to increase rental income by over $125 per unit. The properties benefit from their strategic location near major employers such as General Motors, Envision AESC, and Tyson Foods, ensuring consistent tenant demand and strong occupancy rates. Operational efficiencies, including the implementation of professional management and the maximization of ancillary income streams, will further enhance net operating income (NOI) and market visibility. Favorable demographic trends and the anticipated growth of retail and industrial development in the area contribute to the portfolio's long-term growth prospects. This presents a compelling investment opportunity for those seeking a value-add portfolio with substantial return potential in a rapidly expanding submarket. The portfolio's location within Bowling Green's thriving job market ensures a stable and growing tenant base, making it an attractive investment for both short-term and long-term growth. This is a rare chance to acquire a well-positioned multifamily asset with significant upside potential.