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1000 N Pine St 26 Unit Apartment Building $1,900,000 ($73,077/Unit) Rolla, MO 65401



Executive Summary
This 18,386 +/- sq. ft. mixed-use property sits on a corner lot at N. Pine Street and W. 10th Street, offering excellent visibility and accessibility. Located within walking distance of Missouri S&T, this property includes a combination of office space and furnished residential units. The upper level features 16 furnished units with private baths, a shared kitchen, and on-site coin-operated laundry. The main level includes two professional office suites and 8 additional furnished living units. Each unit is furnished with a full-size bed and mattress pad, dresser, desk with chair and lamp, microwave, and a full-size refrigerator/freezer. The community area includes a full kitchen with seating and a comfortable lounge space. Suite A offers approximately 1,200 sq. ft. with a reception area, three offices, a conference room with kitchenette, and a private bath with shower. Suite B provides approximately 2,200 sq. ft. with a reception area, nine offices, a conference room, kitchen area, and two bathrooms. The property also includes asphalt parking with 16 spaces and a side parking garage. Great occupancy and steady income make this an excellent investment opportunity in a desirable Rolla location near downtown and Missouri S&T.
Property Facts
| Price | $1,900,000 | Apartment Style | Low-Rise |
| Price Per Unit | $73,077 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| No. Units | 26 | Building Size | 18,386 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1950 |
| Price | $1,900,000 |
| Price Per Unit | $73,077 |
| Sale Type | Investment |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 18,386 SF |
| No. Stories | 2 |
| Year Built | 1950 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
Site Amenities
- Laundry Facilities
- Furnished Units Available
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 24 | - | - |
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (75)
Property Taxes
| Parcel Number | 71-09-1.0-02-004-039-003.000 | Improvements Assessment | $85,340 |
| Land Assessment | $17,280 | Total Assessment | $102,620 |
Property Taxes
Parcel Number
71-09-1.0-02-004-039-003.000
Land Assessment
$17,280
Improvements Assessment
$85,340
Total Assessment
$102,620
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