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Multi-Unit Apartment Building selling For Sale near WKU

AUCTION
1366 College Street, ,
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Prime multi-unit apartment building just a few steps away from the campus of WKU in Bowling Green, KY and the famous statue of the school’s first president, Dr. Henry Hardin Cherry. On site tenant parking, proximity to campus, security systems and comfortable accommodations and 100% occupied units equate to a fantastic investment opportunity. If you are an investor or someone wanting to invest in income-producing property, this 7 unit apartment opportunity should be of utmost interest, location, location, location.

This two story apartment building contains approximately 4,200 +/- sq. ft. containing 6-1 bedroom units, each containing a living room, kitchen, bedroom and full bathroom. Majority of the apartments have individual HVAC units (electric a/c and gas heat) while the other 2 apartments have window a/c units with gas and electric heat in the efficiency. The kitchens have good cabinet space with electric stoves, refrigerators, dishwashers and two units have trash compactors. Each of the six main apartments have individual mail boxes and utility meters. There is a separate 1 bedroom, 1 bath efficiency apartment behind the main building. There is also adequate tenant parking behind the building which is a part of the property and side street parking is also available on 14th street.

The property contains a parking lot behind the building for tenants, a common security and entry door system to ensure tenant safety, common area foyers on the main level and upstairs, coin operated washer and dryer and basement storage. The “Near the Top of the Hill” location is a prime college or graduate student location with easy access to the WKU campus and the downtown area of Bowling Green.

Terms & Conditions: 10% down on sale day w/ balance due on or before January 11, 2019. Possession w/ delivery of deed, taxes and rents to be prorated at closing. A 7% buyer’s premium will be added to the final bid price to establish the real estate sales and purchase contract selling price. Purchaser will be required to sign a lead base paint waiver on sale day. Property is selling “As Is” and there are no contingencies whatsoever, including financing, appraisals or inspections. We encourage your due diligence, prior to bidding. For income and lease information contact Ron or Chris. Announcements made sale day take precedence.

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LOCATION: Bowling Green, KY

AUCTION TYPE: Real Estate

Prime multi-unit apartment building just a few steps away from the campus of WKU in Bowling Green, KY and the famous statue of the school’s first president, Dr. Henry Hardin Cherry. On site tenant parking, proximity to campus, security systems and comfortable accommodations and 100% occupied units equate to a fantastic investment opportunity. If you are an investor or someone wanting to invest in income-producing property, this 7 unit apartment opportunity should be of utmost interest, location, location, location.

This two story apartment building contains approximately 4,200 +/- sq. ft. containing 6-1 bedroom units, each containing a living room, kitchen, bedroom and full bathroom. Majority of the apartments have individual HVAC units (electric a/c and gas heat) while the other 2 apartments have window a/c units with gas and electric heat in the efficiency. The kitchens have good cabinet space with electric stoves, refrigerators, dishwashers and two units have trash compactors. Each of the six main apartments have individual mail boxes and utility meters. There is a separate 1 bedroom, 1 bath efficiency apartment behind the main building. There is also adequate tenant parking behind the building which is a part of the property and side street parking is also available on 14th street. 

The property contains a parking lot behind the building for tenants, a common security and entry door system to ensure tenant safety, common area foyers on the main level and upstairs, coin operated washer and dryer and basement storage. The “Near the Top of the Hill” location is a prime college or graduate student location with easy access to the WKU campus and the downtown area of Bowling Green.

PROPERTY FEATURES:

Individual meters
near WKU Campus
excellent location
100% occupancy
Owned parking lot
Investment property
7 bedrooms, 7 baths

AUCTIONEER: Ron Kirby, Jr.

TERMS: 

 

Terms & Conditions: 10% down on sale day w/ balance due on or before January 11, 2019. Possession w/ delivery of deed, taxes and rents to be prorated at closing. A 7% buyer’s premium will be added to the final bid price to establish the real estate sales and purchase contract selling price. Purchaser will be required to sign a lead base paint waiver on sale day. Property is selling “As Is” and there are no contingencies whatsoever, including financing, appraisals or inspections. We encourage your due diligence, prior to bidding. For income and lease information contact Ron or Chris. Announcements made sale day take precedence.

Address: 1366 College Street
Area:
State/County:
Zip: 42101
Country: Warren
Property Id : 231619
Bedrooms: 7
Bathrooms: 7
Auctioneer : Ron Kirby, Jr.
Listing Number: 16058-18198
Lot Size (AC): 0.29000
Event ID: 74216
Event Type: Real Estate Auction
Property Building Size (SF): 4200
Year Built: 1910
Office ID: 4463

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