$558,000 - Reeds Spring, MO Stone
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$558,000
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Listing ID: 60156691
Status: Active
Type: MultiFamily
Square Foot 10000
Lot Size/Acres 0.2900
County Stone
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Property Details

Great investment opprotunity! This 13 unit apartment building was recently remodeled and restored through out into 7 modern studio apartments, 5 two bedroom units and 1 three bedroom apartment with a large balcony, PLUS a 2 car garage and a 1 car garage. This building is making excellent income at a cape rate of 11%, with all tenants on 1 yr leases. Very low expences and good rental history. One unit is currently being remodeled, all other units are full. Current landlord is offering to lease back 2 units paid in full at closing, also willing to negotiate property management for the 1st year if needed.



Room Dimensions

Year Built / Age: 1926
Listing Status: Active
Parking: One Per Unit
Exterior: Concrete Block,Metal,Wood Frame
Subdivision: N/A

Listed by: Branson House Realty

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