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1009 S Kansas Ave - 8.2% CAP Duplex Package 4 Unit Apartment Building Offered at $555,000 at a 8.22% Cap Rate Springfield, MO 65807
Executive Summary
PROPERTY DESCRIPTION
Thank you for viewing this 8.22% CAP duplex opportunity located at 1009 & 1015
S Kansas Ave in Springfield, Missouri. Built in 1985, this offering consists of four,
two bed, one bath duplex units on two neighboring parcels at the corner of
Kansas and Grand. All units are fully occupied, and feature all brick exteriors,
newer flooring, appliances, and paint. Please contact the listing agent for
additional information. Thank you!
LOCATION DESCRIPTION
Near the corner of South Kansas Expressway and West Grand Street in
Springfield, Missouri. Directly west of the Forest Park Apartments and other
residential communities including Oakwood Townhomes, The Lodges at
Kensington Park, Manor at Elfindale, etc. Neighboring businesses and amenities
also include Fassnight Park, Springfield Skate Park, Ewing Park, Jordan Valley
Health, Kansas Expressway Storage, USPS, and more
Thank you for viewing this 8.22% CAP duplex opportunity located at 1009 & 1015
S Kansas Ave in Springfield, Missouri. Built in 1985, this offering consists of four,
two bed, one bath duplex units on two neighboring parcels at the corner of
Kansas and Grand. All units are fully occupied, and feature all brick exteriors,
newer flooring, appliances, and paint. Please contact the listing agent for
additional information. Thank you!
LOCATION DESCRIPTION
Near the corner of South Kansas Expressway and West Grand Street in
Springfield, Missouri. Directly west of the Forest Park Apartments and other
residential communities including Oakwood Townhomes, The Lodges at
Kensington Park, Manor at Elfindale, etc. Neighboring businesses and amenities
also include Fassnight Park, Springfield Skate Park, Ewing Park, Jordan Valley
Health, Kansas Expressway Storage, USPS, and more
Property Facts
| Price | $555,000 | Property Type | |
| Price Per Unit | $138,750 | Building Size | 3,300 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.22% | Year Built | 1985 |
| No. Units | 4 |
| Price | $555,000 |
| Price Per Unit | $138,750 |
| Sale Type | Investment |
| Cap Rate | 8.22% |
| No. Units | 4 |
| Property Type | |
| Building Size | 3,300 SF |
| No. Stories | 1 |
| Year Built | 1985 |
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
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1009 S Kansas Ave - 8.2% CAP Duplex Package