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200 S Main St Gerald MO 200 S Main St 6 Unit Apartment Building $399,900 ($66,650/Unit) 8.82% Cap Rate Gerald, MO 63037

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INVESTMENT HIGHLIGHTS

  • 6 Unit Apartment Recently Renovated
  • Very nice area in Town Gerald Missouri
  • Low Utilities Public Street, Public Water, and Public Sewer
  • 100% leased, month to month tenancy

EXECUTIVE SUMMARY

Very nice area in Town Gerald Missouri. 100% leased, month to month tenancy. Recently renovated. 6 Apartments, four 1 bedroom, one 2 bedroom, and one studio.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $44,820 $12.04
Other Income - -
Vacancy Loss - -
Effective Gross Income $44,820 $12.04
Taxes $601 $0.16
Operating Expenses $9,291 $2.49
Total Expenses $9,892 $2.66
Net Operating Income $34,928 $9.38

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $44,820
Annual Per SF $12.04
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $44,820
Annual Per SF $12.04
Taxes
Annual $601
Annual Per SF $0.16
Operating Expenses
Annual $9,291
Annual Per SF $2.49
Total Expenses
Annual $9,892
Annual Per SF $2.66
Net Operating Income
Annual $34,928
Annual Per SF $9.38

PROPERTY FACTS

Price $399,900
Price Per Unit $66,650
Sale Type Investment
Cap Rate 8.82%
Gross Rent Multiplier 9.59
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 3,724 SF
No. Stories 2
Year Built/Renovated 1905/2024
Zoning SFR

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Range
  • Carpet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-1-110-1-001-029000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$14,402
Annual Taxes
$601 ($0.16/SF)
Tax Year
2025
  • Listing ID: 35911469

  • Date on Market: 5/18/2025

  • Last Updated:

  • Address: 200 S Main St, Gerald, MO 63037

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