Property ID : 17-1108
For Sale $269,500.00 - Apartment Building
Investment Opportunity in Northeast Missouri!
Make this 12 unit cash cow apartment complex located in Huntsville, MO yours today. The property offers you a great ROI currently generating approximately an 11.42% CAP rate at full occupancy with the projected net income (including approximate property management fees). Each apartment consists of 1 bedroom, 1 bath with baseboard heat and window A/C for low maintenance features. Owner has remodeled many of the units as part of the current maintenance plan as vacancies occur over the years. The property is situated on a 7.58 acre lot allowing opportunity for future development of an additional complex. Contact us today for more information upon completion and return of a Confidentiality Agreement to Central States Brokers & Auctioneers.