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Investment Highlights

  • Off-campus student housing

Executive Summary

Introducing a prime investment student-housing opportunity in the heart of Maryville, MO. Only 1.5 mile from Northwest Missouri State University campus, his 2.96 acre low-rise property, boasting 52 units in 12 buildings, presents a lucrative prospect for the discerning multifamily investor. With a track record of success dating back to its establishment in 1979 and a desirable R4 zoning designation, this property is positioned for long-term growth and stability. Currently operating at an impressive 92% occupancy rate, it demonstrates strong tenant demand and income potential. Don't miss the chance to add this well-maintained, high-performing asset to your portfolio.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,700,000
Price Per Unit $51,923
Sale Type Investment
Cap Rate 7.88%
No. Units 52
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 2.96 AC
Building Size 49,000 SF
No. Stories 1
Year Built 1979
Parking Ratio 1.96/1,000 SF
Opportunity Zone Yes
Zoning R-4

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Picnic Area

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 24 - 600
2+1 28 - 700
Fairly walkable
40/100
Moderately drivable
70/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 22-04-17-03-01-06802
  • 22-04-17-03-01-06801
Land Assessment
$15,840
Improvements Assessment
$315,000
Total Assessment
$330,840
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 40108809

  • Date on Market: 4/10/2026

  • Last Updated:

  • Address: 515 E 7th St, Maryville, MO 64468

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