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416 E Franklin St 9 Unit Apartment Building $850,000 ($94,444/Unit) Liberty, MO 64068
Investment Highlights
- Close to historic Downtown Liberty
- Close to William Jewell College
Executive Summary
This property has 2 buildings. Main house has 5 units. Second building is a 4 plex. The property is always rented to capacity. Vacancies fill quickly. Close to William Jewell College. The four plex needs new siding, contractor bid $10,000.00 which we can negotiate. I have the rent rolls and the cash flow for 2025 I will be happy to email you.
Great investment property. Rare find. There are 2 buildings. Both deeded as one property. 5 units in house and a 4 plex behind it. Total of 9 units. The owner is putting together the expenses. Property is 100% occupied.
UPDATE: Owner is willing to make a package deal for investors. He also has four half plex's in Liberty. He has listed two (MLS 2623256 and 2623262) the remaining 2 he has not listed on MLS yet. He is willing to sell Franklin and the two half plex's listed or he would be willing to sell the whole thing.
Great investment property. Rare find. There are 2 buildings. Both deeded as one property. 5 units in house and a 4 plex behind it. Total of 9 units. The owner is putting together the expenses. Property is 100% occupied.
UPDATE: Owner is willing to make a package deal for investors. He also has four half plex's in Liberty. He has listed two (MLS 2623256 and 2623262) the remaining 2 he has not listed on MLS yet. He is willing to sell Franklin and the two half plex's listed or he would be willing to sell the whole thing.
Property Facts
| Price | $850,000 | Building Class | C |
| Price Per Unit | $94,444 | Lot Size | 0.50 AC |
| Sale Type | Investment | Building Size | 6,263 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1900/2015 |
| Property Subtype | Apartment |
| Price | $850,000 |
| Price Per Unit | $94,444 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 6,263 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2015 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $104,900 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$104,900
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416 E Franklin St