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- LoopNet Team
2009 N Main Ave
Springfield, MO 65803
Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- 11.5% Cap Rate Multifamily Property For Sale located near Kansas Expressway & Kearney
- Some units have been fully remodeled since 2017 and several windows have been replaced this year
- DO NOT DISTURB TENANTS. Property tours will be considered AFTER initial offers or during due diligence
- Priced at only $177,500
- All units are studios, except Unit L & I have two rooms.
PROPERTY FACTS
| No. Units | 11 | Lot Size | 0.22 AC |
| Property Type | Multifamily | Building Size | 3,566 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1908 |
| Building Class | C | ||
| Zoning | R-SF | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 3,566 SF |
| No. Stories | 2 |
| Year Built | 1908 |
| Zoning | R-SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Ceiling Fans
- Kitchen
ABOUT 2009 N MAIN AVE , SPRINGFIELD, MO 65803
Thank you for viewing the Multifamily Property For Sale located near Kansas Expressway & Kearney. All units are well maintained and partially furnished with refrigerators and microwaves. Some units have been fully remodeled since 2017 and several windows that have been replaced in the last year. *Property is being offered at a 11.5% cap rate based on 2019 actual figures with upside based upon income from 2016 & 2017. Seller chose not to make 3 units available during 2018 and first half of 2019. All units are studios, except Unit L & I have two rooms. Current owner self-manages and pays single metered utilities. **Zoning is "grandfathered in" and property has an occupancy permit for 12 units. DO NOT DISTURB TENANTS. Property tours will be considered AFTER initial offers or during due diligence. For more detailed information please contact Lee McLean at 417.887.8826 or lee.mclean@svn.com
PROPERTY TAXES
| Parcel Number | 13-11-125-036 | Improvements Assessment | $13,590 |
| Land Assessment | $2,850 | Total Assessment | $16,440 |
PROPERTY TAXES
