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Elizabeth Gregory

elizabeth@gregorylandgroup.com +1(660) 285-5423

$ 1,130,000

Est. payment | -/mo

Save

$ 1,130,000

Est. payment | -/mo

Save

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision La Messa Second Subdivision

MLS Listing ID 26034038

Style Apartment Style

Year Built 1974

Annual Tax Amount $4,126

Property Sub-Type 5 Family or More

Property Description

16-Unit Multi-Family Portfolio Near Arena Park – Must Sell Together. Strong cash-flowing portfolio located between Themis and Independence Street, walking distance to Arena Park. Total scheduled rent is $12,700/month. Tenants pay for all utilities. 100% occupancy. No delinquencies. 121 Rodney: Six (6) 2-bedroom units with in-unit washer/dryers, dishwashers, window A/C and baseboard heat. 51 Hazel: Two (2) 2-bedroom and eight (8) 1-bedroom units with coin laundry, baseboard heat; nine (9) units with window A/C, PTACs and one (1) unit with central A/C. The complex also has a large utility garage and storage room. Current rent roll, T12, and recent CapEx summary available. Opportunity for value add. 48-hour notice required for showings to qualified borrowers. Drive-by only, please do not disturb tenants. Broker Owned.

Location

State MO

County Cape Girardeau

Rooms

Basement Full

Interior

Heating Baseboard, Electric, Forced Air, Varies by Unit

Cooling Central Air, Electric, Varies by Unit, Wall/Window Unit(s)

Flooring Carpet, Tile, Vinyl

Fireplace N

Laundry See Remarks

Exterior

Parking Features true

Utilities Available Electricity Connected, Sewer Connected, Underground Utilities, Water Connected

View Y/N No

Roof Type Composition

Building

Water Public

Level or Stories Three Or More

Structure Type Brick Veneer

Schools

Elementary Schools Clippard Elem.

Middle Schools Central Jr. High

High Schools Central High

School District Cape Girardeau 63

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Package

Listed by Justin Swiney • On-Point Property Advisors

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(660) 285-5423

elizabeth@gregorylandgroup.com

115 W Washington Street Kirksville, MO, 63501

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121 East Rodney Drive #H Cape Girardeau, MO 63701