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Westview Apartments 2 Multifamily Properties Offered at $758,000 in Jefferson City, MO



Investment Highlights
- 8 spacious 2 bed/1 bath units
- Tenant Paid utilities = lower landlord expenses
- 8-9% Cap Rate at asking price with rent growth potential
- Low Vacancy w/ Waiting List
Executive Summary
Turnkey 4-Plex - 9% CAP | Updated Units | Management in Place. Here's your chance to own two cash-flowing, fully managed 4-unit apartment buildings in a strong rental location. These connecting properties each feature four spacious 2 bed / 1 bath units (875 sq ft each) — many recently renovated — and is an ideal investment for both first-time multi-family buyers and seasoned investors. Key Highlights: Immediate Cash Flow: Current rent roll $6,700/mo with upside to $7,400/mo once at full market rents. Market Rent Growth: New leases at $850/mo; market supports $925/mo without major upgrades. Tenant-Paid Utilities: Water, sewer, and trash billed back monthly, boosting NOI. Recent $30K+ CapEx Improvements: New LVP flooring in newly turned units & new carpet in entry stairway Fresh paint throughout Updated appliances in several units as well as lighting, trim, and doors, Multiple newer water heaters Painted kitchen cabinets & new exterior entry door 100% Occupied. Hassle-Free Operations: Professional management in place plus on-site contractor willing to remain. Construction & Layout Benefits: Solid brick & siding construction for low maintenance Simple, efficient floorplans that appeal to long-term tenants Shared off-street parking lot with neighboring identical building. Location: Convenient to schools, shopping, and main roads, ensuring steady rental demand. Investor Tip: Purchase the 4 adjacent identical 4-plexes for a total of 24 units and enjoy economies of scale with shared parking, management, and maintenance (inquire about the full 6 building, 24 units opportunity)
Property Facts
| Price | $758,000 | Number of Properties | 2 |
| Price / SF | $112.65 / SF | Individually For Sale | 0 |
| Cap Rate | 9.82% | Total Building Size | 6,729 SF |
| Sale Type | Investment | Total Land Area | 0.50 AC |
| Status | Active |
| Price | $758,000 |
| Price / SF | $112.65 / SF |
| Cap Rate | 9.82% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,729 SF |
| Total Land Area | 0.50 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5121 S Brooks Dr, Jefferson City, MO 65109 | Multifamily | 3,495 SF | 1984 | - |
| 5117 S Brooks Dr, Jefferson City, MO 65109 | Multifamily | 3,234 SF | 1982 | - |
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Westview Apartments
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