$1,200,000
$1,200,000
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SOLD DATE : 11/12/2021
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Package of Properties
Listing Status Sold
Purchase Type For Sale
Subdivision Other
MLS Listing ID 2340006
Sold Date 11/12/21
Year Built 2010
Annual Tax Amount $9,093
Property Description
Fantastic opportunity to own 18 units in the desirable Odessa submarket. Newer construction on these 4 properties sold as a package, with strong in-place cash flow along with value-add opportunity. 9 of 18 units completely renovated. All 2 bedroom 1 bath units and one studio, each with washer-dryer hookups and off-street parking. Value add by renovating the remaining 9 units and pushing rents on the existing units. A professional property management company with over 1,000 doors under management, already in place and wants to stay on and manage this property. Little deferred maintenance and already occupied, this investment will be hassle free mailbox money! This package a wise choice for the savvy investor who wants to cash flow now with future upside.
Location
State MO
County Lafayette
Zoning MF
Rooms
Basement false
Interior
Heating Natural Gas
Cooling Electric
Fireplace N
Laundry Inside
Exterior
Garage false
Utilities Available Ind Heat And Air
Roof Type Composition
Parking Type Assigned, Off Street
Building
Story 2
Sewer City/Public
Water Public
Structure Type Board/Batten,Brick & Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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