1009 Stephens Street, Ava, MO 65608

$790,000
Property Type: MultiFamily Lot Size (sq. ft.): 74,052 Status: Closed
Current Price: $790,000 List Date: 10/14/2018 Last Modified: 12/17/2019

Description

Senior Housing Apartment Complex with 24 units for sale. All units are ground level entry with 1 bedroom, 1 full bathroom including walk-in showers with appliances provided. Common areas outdoor and indoor with laundry area also. Apartments have been updated with kitchen cabinets, flooring, appliances and bathroom vanities. GREAT INVESTMENT OPPORTUNITY with cap rate of 11% reflected on current appraisal with a 95% occupancy rate.

More Information MLS# 60121410

Contract Information

Transaction Type: Sale Parent/Child: None Foreclosure/Short Sale: No Property Sub-Type: Apartment Building Begin Date: 2018-10-09 List Price: $790,000 Agreement Type: Exclusive Right To Sell

Location, Tax and Other Information

Inside City Limits: Yes

General Property Description

SqFt Finsh'd & Unfnsh'd: 5000 or more Total Monthly Rent: 13464 # One Bedroom Units: 24 Waterfront/View: None Lake/River: None Aprx Year Built: 1980 Number of Units: 24 Aprx Lot Size (Acres): 1.7 Lot Dimensions: Acres Elementary School: Ava Middle School: Ava High School: Ava

How to Show

Call Listing Agent: 1

Unit Features

All Units: 1 Carpet: 1 Handicap Accessible: 1 Patio/Balcony: 1

Amenities

Central Laundry: 1

One Bed Units

One Bed $: Over $350

Construction

Brick: 1 Vinyl Siding: 1

Utilities

City: 1 Electricity: 1 Master Meter: 1 Separate Meters: 1 Sewer: 1 Trash: 1 Water: 1

Cooling

Central: 1

Appliances

Disposal: 1 Oven/Range: 1 Refrigerator: 1

Baths

1 Per Unit: 1

Heating

Central: 1 Forced Air: 1

Miscellaneous

Resident Manager: 1 Smoke Detector: 1

Parking

Paved Area: 1

Roofing Material

Composition: 1

Possession

At Closing: 1

Will Sell

1031 Exchange: 1 Cash: 1 Conventional: 1

Buildings

Two Buildings: 1

Streets

Asphalt: 1

Water

City Water: 1

Sewer

City Sewer: 1

Flood Insurance

Not Required: 1

Documents Available

Appraisal: 1 Financial Records: 1 Fixtures List: 1

Type of Tenancy

Lease: 1

Location Tax and Other Information

Street #: 1009 Street Name/Route: Stephens Suffix: Street County: Douglas State/Province: MO Zip Code: 65608 Subdivision: Douglas-Not in List Parcel ID: 11-0.1-11-001-020-001.000 Cross Street: SHELTON Real Estate Tax: 4502 Tax Year: 2017 Legal Description: Deed to Govern Zoning: Multi Family Section: 11 Township: 26

Remarks Misc

Directions: Located on the corner or Shelton and Stephens.

Status Change Info

Status: Closed Under Contract Date: 2018-10-26 Sold Date: 2019-07-26

Property Features

How to Show: Call Listing Agent Unit Features: All Units; Carpet; Handicap Accessible; Patio/Balcony Amenities: Central Laundry Baths: 1 Per Unit Appliances: Disposal; Oven/Range; Refrigerator Cooling: Central Heating: Central; Forced Air Buildings: Two Buildings Construction: Brick; Vinyl Siding Roofing Material: Composition Parking: Paved Area Streets: Asphalt Miscellaneous: Resident Manager; Smoke Detector Water: City Water Sewer: City Sewer Utilities: Electricity; Master Meter; Separate Meters; Sewer; Trash; Water Flood Insurance: Not Required Documents Available: Appraisal; Financial Records; Fixtures List Type of Tenancy: Lease Possession: At Closing Will Sell: 1031 Exchange; Cash; Conventional
Listing Office: RE/MAX Farm and Home
IDX
Last Updated: December - 17 - 2019
Data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than the website owner are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is not guaranteed and should be verified by the consumer and is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers wish to purchase. Any representation that a web site contains all listings shall only mean that the web site contain all listing available to the public through the IDX data feed and other available properties may not be displayed on this site. © 2023 Southern Missouri Regional MLS, LLC All rights reserved.

Compare Listings

CONTACT DETAILS