Turnkey, New Construction Asset: Walnut Valley offers an investor 84 turnkey units constructed in 2019 and 2020 with finishes including hardwood floors, granite countertops, and stainless steel appliances.
Organic Rent Growth Opportunity: Current rents at Walnut Valley are $50-$100 below market value and the property is 100% occupied. New ownership will have the opportunity to increase NOI by raising market rents and all renewals or new leases.
Pristine Neighborhood Setting: Walnut Valley offers tenants a unique neighborhood setting with newly paved streets, sidewalks, large driveways, lush landscaping, a garage with every unit, and access to fiber internet.
Access to High Quality Retailers: Walnut Valley tenants have immediate access to Bowling Green’s top retail:
#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:
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: