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
Last Updated: December - 17 - 2019
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