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1201 Main St 12 Unit Apartment Building $1,850,000 ($154,167/Unit) Parkville, MO 64152
INVESTMENT HIGHLIGHTS
- Located near downtown Parkville & Park University
- Located in the charming downtown district, the area offers a perfect blend of historic charm and modern amenities.
- 100% occupancy
EXECUTIVE SUMMARY
Discover an exceptional investment opportunity in Parkville, MO. This property features a well-maintained 14,922 SF building with 12 units, offering a lucrative investment in the sought-after multifamily sector. Built in 1900 and tastefully renovated in 2024, the property boasts a blend of historic charm and modern updates, ensuring high tenant appeal. Benefit from the desirable R-4 zoning and 100% occupancy, guaranteeing immediate returns. With its prime location in Parkville, this property presents a rare chance to capitalize on a thriving rental market while enjoying strong income performance.
PROPERTY FACTS
| Price | $1,850,000 | Building Class | C |
| Price Per Unit | $154,167 | Lot Size | 1.10 AC |
| Sale Type | Investment | Building Size | 14,922 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1991/2024 |
| Apartment Style | Low-Rise | Parking Ratio | 1.01/1,000 SF |
| Zoning | R4 - Residential | ||
| Price | $1,850,000 |
| Price Per Unit | $154,167 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.10 AC |
| Building Size | 14,922 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1991/2024 |
| Parking Ratio | 1.01/1,000 SF |
| Zoning | R4 - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 3 | - | - |
| 2+2 | 2 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 20-70-35-100-006-003-000 | Improvements Assessment | $103,240 |
| Land Assessment | $10,290 | Total Assessment | $113,530 |
PROPERTY TAXES
Parcel Number
20-70-35-100-006-003-000
Land Assessment
$10,290
Improvements Assessment
$103,240
Total Assessment
$113,530
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1201 Main St
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