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Description
Capstone is pleased to present the Glasgow Portfolio, consisting of 173 townhome units still owned by the original developer. The property features spacious 2- and 3-bedroom floor plans, with garages and basements in select units, offering the largest floor plans in the market with an average living space of 1,200 square feet. The Glasgow portfolio presents a rare opportunity to purchase a newer construction townhome community at an ideal scale while also allowing for management efficiencies and rent increases across the portfolio. This meticulously maintained portfolio provides a comfortable and affordable living environment for residents in a submarket of Kentucky that has historically been underbuilt and benefits from above-average occupancy rates. The portfolio is located 20 minutes east of several major employers in Bowling Green and equidistant to Nashville, Louisville, and Lexington.
Investment Highlights:
Organic Rent Growth Opportunity
Operational Efficiency and Other Income Maximization
Ideal Unit Mix and Brick Exterior Townhome-Style Floor Plans
Robust Submarket Fundamentals and Growth
Address
Open on Google Maps- City Glasgow
- State/county Kentucky
Contact Information
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