1225 N lee Drive, Bowling Green, KY
Multi-family for Sale - $8,900,000 - 245,550 Sq. Ft. on 9.5 acres
Agent Info
Anthony Briguglio Cross Country Commercial Realty |
Property Info
CIMLS# | 1088929 |
Location 1225 N lee Drive Bowling Green KY 42101 | |
Updated | February 16th, 2021 |
Type | Multi-family |
Price | $8,900,000 |
Building | 245,550 Sq. Ft. |
Land | 9.5 acres |
Attached Documents
Contact
Property Description
3 Property Portfolio
1225 N Lee
104 Woodmont
1224 Crewdson
All Bowling Green KY
• Property One: 71 Units
• All 3 BR 2.5 Bath
• Bldg. Sq. Ft.:134,250
• 7 Acres
• Property Two: 16 Units
• All 2 BR 1 Bath
• Bldg. Sq. Ft.:110,000
• 2 Acres
• Property Three
• Single House
• 3 BR 1 Bath
• House Sq. Ft, 1300
• .05 Acres
• 88 total Units of all three properties
• Primary Zoning: M2
Financials
• Bowling Green Three property Portfolio 2020
• Gross Income:$744,851
• Expenses:$182,206
• NOI:$526,645
Bowling Green Three property Proforma 2021
• Gross Income:$920,000
• Vacancy Losses:$30,000
• Effective Gross Income:$890,000
• Taxes:$55,000
• Operating Expenses:$145,000
• Total Expenses:$200,000
• NOI:$690,000