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2216 S Leonard Rd
Saint Joseph, MO 64503
The Meadows · Multifamily Property For Sale
·
48 Units
Investment Highlights
- Cash flowing asset with solid organic revenue growth
- Close Proximity to Major Employers
- Well-maintained Asset
- Upside through mark to market rents - Current ownership realizing $100/mo rent increases without any additional improvements
- Utilities Individually Metered
- Room for light renovations to further push rents, if desired
Property Facts
| No. Units | 48 | Building Size | 38,400 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2006 |
| Building Class | C | Parking Ratio | 2.73/1,000 SF |
| Lot Size | 4.70 AC | ||
| Zoning | 121 - 121 - Residential Apartments | ||
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 4.70 AC |
| Building Size | 38,400 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 2006 |
| Parking Ratio | 2.73/1,000 SF |
| Zoning | 121 - 121 - Residential Apartments |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Kitchen
- High Speed Internet Access
- Refrigerator
- Range
- Carpet
- Dining Room
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Tenant Controlled HVAC
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 48 | - | 1,000 |
Property Taxes
| Parcel Number | 06-6.0-23-001-000-001.000 | Improvements Assessment | $514,560 |
| Land Assessment | $13,300 | Total Assessment | $527,860 |
Property Taxes
Parcel Number
06-6.0-23-001-000-001.000
Land Assessment
$13,300
Improvements Assessment
$514,560
Total Assessment
$527,860
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