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$4,800,000
Est. payment /mo
18.47 Acres Lot
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID RA20260728
Lot Size 18.470 Acres
Property Sub-Type Multi-Family
Property Description
Prime RM-4 zoned land approved for multi-family development — all permits and entitlements in place with full site and architectural plans available. Break ground immediately on 392 apartment units, and take advantage of owner financing options available with qualifying terms! This site is positioned for success in Bowling Green, Kentucky's third-most populous city, strategically located off Interstate 165 with convenient access to I-65 — making the area highly desirable for residents and commuters alike. Bowling Green lies approximately 60 miles north of Nashville and 110 miles south of Louisville, offering regional connectivity that attracts both residents and employers. Additionally, it's minutes from Western Kentucky University (WKU) — a major regional employment and education hub with over 16,000 students and staff. The city has grown significantly over the past decade, with continued estimates showing population increases — reflecting a robust, expanding market for housing. Recent estimates place Bowling Green's population near ~79,000 (2024) and Warren County's around ~147,900, underscoring ongoing residential growth in the metro area. The area is also recognized for its economic momentum — Bowling Green and Warren County were ranked #1 nationally among metros under 200,000 in economic development performance, highlighting strength in attracting investment and jobs. Bowling Green's combination of population growth, higher education presence, manufacturing and distribution employment, and excellent connectivity make this an outstanding site for a thriving residential community. Don't miss this rare shovel ready opportunity to deliver quality multi-family housing in one of Kentucky's most dynamic markets.
Location
State KY
County Warren
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Listed by Keller Williams First Choice R
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Haley Team
Director of Agent Success & Client Experience
Director of Agent Success & Client Experience