Investment Highlights

INTERIOR & AMENITIES VALUE-ADD OPPORTUNITY: New ownership will have the opportunity to increase
rents by updating the amenities and interiors, including:

  • Granite Countertops
  • Stainless Steel Appliances
  • Hardwood-Style Flooring
  • Upgraded Lighting
  • Painted Cabinets
  • Clubhouse Renovation

EXPANSIVE AMENITIES PACKAGE: Chandler Park offers a wide variety of amenities, including:

  • Car Wash station
  • Dog Park
  • Exquisite Clubhouse
  • Complimentary Tanning
  • Resort-Style Salt Water Pool with Deck
  • 24 hour Fitness Center
  • Core Strengthening Workout Studio
  • Garages with remotes
  • Perimeter fence with pedestrian access to Greenwood Mall
  • Expansive closets
  • Private patios/balconies with outdoor storage
  • Elegant crown molding
  • Nine & ten foot ceilings

WELL MAINTAINED ASSET: Current ownership does an excellent job maintaining the exterior and curb appeal of the asset. 

ACCESS TO HIGH QUALITY SCHOOLS & RETAILERS: Chandler Park tenants have immediate access to Bowling Green’s top retail and schools:
The property’s assigned Middle and High Schools are both ranked 8/10 or higher by Additionally, the brand new, $20 million Cumberland Trace Elementary School is set to open in August 2021.

  • Greenwood Mall is across the street from Chandler Park, anchored by JCPenney, Old Navy, Dillard’s, & Belk. Additional retail in the area includes Sam’s Club, Kroger, Walmart, TJ Maxx, Chick-Fil-A, Best Buy, Lowe’s, Regal, Target, & Starbucks
  • The Shoppes at Gary Farms is a 100,000 SF shopping center anchored by Dick’s Sporting Goods, PetSmart, & Bed Bath & Beyond

#2 RANKED MANUFACTURING CITY: Bowling Green’s six largest facilities employ over 5,200 people with an economic impact over $14.4 billion. The jobs at the top 6 facilities help support over 8,000 other jobs in the community. The below companies all recently announced investments in their Bowling Green facilities, totaling over $450 million:

  • Crown Holdings - $147.6 million investment; 327,000 SF facility
  • Dollar General - $26 million investment; 160,000 SF facility
  • Kobelco Aluminum - $42 million investment
  • Georgia-Pacific - $100 million investment
  • Bendix Spicer Foundation Brake LLC - 130,000 SF expansion
  • Henkel & ALPLA - $130 million investment

STATE LEADING JOB & POPULATION GROWTH: Warren County added more new residents than any other county in the state, and Bowling Green is adding the most jobs in the state, with a 5-year job growth of 10.6%.

ROBUST DEMAND DRIVERS: Bowling Green is home to several staple employers in the auto manufacturing, retail, education, and medical sectors:

  • GM’s Bowling Green Plant - Since 2011, GM has invested roughly $900 million in this plant which has produced over 1,000,000 Corvettes since 1981. The plant is 1.7 million square feet and employs 1,400 people
  • Fruit of the Loom Brand Shop Outlet - 23,500 SF facility
  • Western Kentucky University - 4,646 jobs / 18,183 students
  • Houchens Industries - 4,646 jobs
  • The Medical Center at Bowling Green - 316 beds / 2,222 jobs
  • TriStar Greenview - 211 beds
  • Graves-Gilbert Clinic - 794 jobs

BOWLING GREEN'S HIGH QUALITY OF LIFE: Bowling Green is an amenity-rich city with a below-average cost of living, providing its residents the opportunity to take advantage of a high quality of life:

  • Bowling Green’s Cost of Living score is 91 (U.S. Average - 100) - AreaVibes
  • Median Household Income in Zip Code 42104 is $51,600, 13% higher than the Kentucky average
  • Local entertainment includes Regal Theater, Capitol Arts Center, Public Theatre of Kentucky, National Corvette Museum, Bowling Green Ballpark, Beech Bend Amusement Park, & Lost River Cave

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