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Corby Place 422 Felix St 77 Unit Apartment Building $5,500,000 ($71,429/Unit) Saint Joseph, MO 64501
INVESTMENT HIGHLIGHTS
- One & two bedroom apartments
- On-site laundry facilities
- Game room and exercise room
- Each apt. has its own kitchen and bath
- Italian marble foyer;brass elevator doors
- Guest apartment for resident families
EXECUTIVE SUMMARY
Corby Place opened in 1909 as a premier professional office building in St. Joseph, Mo. As office needs evolved, it was converted into apartments and reintroduced and Corby Place Senior Living in 2009. It features an elegant lobby with original marble and brass-doored elevators, a ballroom, library, dining room, parlor and an observation deck on the 14th floor with views of the city and the Missouri River.
77 apartment units: Qty 53 1BR/1Bath averaging 659 sq ft.; Qty 24 2BR/2bath averaging 840 sq. ft.
Continue as senior care or move to market rate apartments.
77 apartment units: Qty 53 1BR/1Bath averaging 659 sq ft.; Qty 24 2BR/2bath averaging 840 sq. ft.
Continue as senior care or move to market rate apartments.
PROPERTY FACTS
| Price | $5,500,000 | Building Class | B |
| Price Per Unit | $71,429 | Lot Size | 0.39 AC |
| Sale Type | Investment | Building Size | 84,804 SF |
| No. Units | 77 | Average Occupancy | 82% |
| Property Type | Multifamily | No. Stories | 14 |
| Property Subtype | Apartment | Year Built/Renovated | 1909/2008 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | CITY | ||
| Price | $5,500,000 |
| Price Per Unit | $71,429 |
| Sale Type | Investment |
| No. Units | 77 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.39 AC |
| Building Size | 84,804 SF |
| Average Occupancy | 82% |
| No. Stories | 14 |
| Year Built/Renovated | 1909/2008 |
| Opportunity Zone |
Yes |
| Zoning | CITY |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Fitness Center
- Laundry Facilities
- Gameroom
- Laundry Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 70 | - | 614 - 723 |
| 2+1 | 3 | - | 850 |
| 2+1.5 | 4 | - | 829 - 960 |
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 06-3.0-08-003-002-007.000 | Improvements Assessment | $294,980 |
| Land Assessment | $11,100 | Total Assessment | $306,080 |
PROPERTY TAXES
Parcel Number
06-3.0-08-003-002-007.000
Land Assessment
$11,100
Improvements Assessment
$294,980
Total Assessment
$306,080
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Corby Place | 422 Felix St
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