Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2010
Sq.Footage
N/A
Well cared for multifamily investment opportunity, walking distance from both Missouri State University and Downtown Springfield. Property features 32 leasable units (8 four-bedroom apartments, rent-by-the-bed concept). 1:1 parking ratio, with gated, securely fenced off-street parking, a rare and valuable amenity for the area. Owners have updated interior of units, which feature shared kitchen, living room, balconies and in-unit washer/dryers. This investment makes a great addition to a real estate portfolio. With a stable rental history and property management in place, this can be a turnkey hands-off investment for its new owner.Property Description:- Multifamily-Student Housing,- 4 Stories,- 8 units total (4 bed/4 bath, 1410 sf each),- 32 Beds total. Rent by the bed concept,- 11,280 sf rentable (12,356 sf Internal),- Built: 2010,- Zoned CC,- Secure/gated parking: 34-35 spaces (1:1 ratio),- $450-500/mo per bed or $1800-2000/mo per unit,Highlights:- Gated private parking,- Video Security, Secure Access,- By the Bed concept,- Renovated 2019-21 with premium finishes interior/exterior,- Leed construction,- All utilities Included,- Good Rental History,
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.51
Exterior
-
Garage
No
Financial
-
Sales Price
$1,999,000
-
Tax Amount
18400.0
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Location
County
Greene
Elementary School
SGF-Rountree
Middle School
SGF-Jarrett
High School
SGF-Parkview
Listing Courtesy of Matt M Miller , Murney Associates - Primrose
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