REDUCED - Kinnidi Place Apartments - | 1367 Clay St
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REDUCED - Kinnidi Place Apartments - 1367 Clay St
38 Unit Block of Flats £2,039,466 (£53,670/Unit) 10.54% Net Initial Yield Bowling Green, KY 42101
Investment Highlights
- 38 Units
- Two-minute walk to Western Kentucky University which serves over 17,000 students
- Bowling Green is the 3rd Largest City in the State of Kentucky With a Population of 76,000+ Residents
- Recent Renovations
- 89,000 + people within a 5-mile radius of the property
Executive Summary
HMX Realty Advisors exclusively presents 1367 Clay Street, a 18,038-square foot newly renovated 38-unit apartment complex located in Bowling Green, Kentucky. The property sits on a 1.27-acre piece of real estate just steps from Western Kentucky University.
1367 Clay Street presents a rare opportunity for investors to purchase a completely renovated complex two minutes from Western Kentucky University. Some of the renovations include new kitchen cabinets, granite countertops, new appliances and modern stainless-steel fixtures.
Bowling Green is a city located in south-central Kentucky, in the United States. It is the third-largest city in the state, with a population of approximately 70,000 people. The city is situated in Warren County, in the heart of the beautiful rolling hills of the region. Bowling Green is located along the Barren River, which provides ample opportunities for outdoor recreation, such as kayaking, fishing, and hiking. The city is also home to several parks and green spaces, including the beautiful Lost River Cave and Mammoth Cave National Park. The downtown area of Bowling Green features many historic buildings, shops, and restaurants, as well as the iconic Fountain Square Park. The city is also home to Western Kentucky University, which adds a lively and youthful energy to the community. Overall, Bowling Green offers a unique blend of natural beauty, history, and modern amenities, making it a great place to visit or call home.
1367 Clay Street presents a rare opportunity for investors to purchase a completely renovated complex two minutes from Western Kentucky University. Some of the renovations include new kitchen cabinets, granite countertops, new appliances and modern stainless-steel fixtures.
Bowling Green is a city located in south-central Kentucky, in the United States. It is the third-largest city in the state, with a population of approximately 70,000 people. The city is situated in Warren County, in the heart of the beautiful rolling hills of the region. Bowling Green is located along the Barren River, which provides ample opportunities for outdoor recreation, such as kayaking, fishing, and hiking. The city is also home to several parks and green spaces, including the beautiful Lost River Cave and Mammoth Cave National Park. The downtown area of Bowling Green features many historic buildings, shops, and restaurants, as well as the iconic Fountain Square Park. The city is also home to Western Kentucky University, which adds a lively and youthful energy to the community. Overall, Bowling Green offers a unique blend of natural beauty, history, and modern amenities, making it a great place to visit or call home.
Property Facts
| Price | £2,039,466 | Apartment Style | Garden |
| Price Per Unit | £53,670 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.27 AC |
| Net Initial Yield | 10.54% | Building Size | 18,038 SF |
| No. Units | 38 | Number of Floors | 2 |
| Property Type | Residential | Year Built/Renovated | 1995/2022 |
| Property Subtype | Apartment | Parking Ratio | 2.66/1,000 SF |
| Price | £2,039,466 |
| Price Per Unit | £53,670 |
| Sale Type | Investment |
| Net Initial Yield | 10.54% |
| No. Units | 38 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.27 AC |
| Building Size | 18,038 SF |
| Number of Floors | 2 |
| Year Built/Renovated | 1995/2022 |
| Parking Ratio | 2.66/1,000 SF |
Unit Amenities
- Air Conditioning
- Kitchen
- Granite Countertops
Site Amenities
- Laundry Facilities
- Rubbish Collection - Door to Door
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 38 | - | 650 |
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PROPERTY TAXES
| Parcel Number | 039B-14-067 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £1,063,856 |
PROPERTY TAXES
Parcel Number
039B-14-067
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,063,856
zoning
| Zoning Code | C-1 |
| C-1 |
-
Andrew Greenberg -
HMX Realty Advisors
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REDUCED - Kinnidi Place Apartments - | 1367 Clay St
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