1231 North Texas Avenue, Springfield, MO 65802

$3,750,000
Property Type: MultiFamily Lot Size (sq. ft.): 331,492 Status: Closed
Current Price: $3,750,000 List Date: 9/09/2014 Last Modified: 9/17/2021

Description

JUST REDUCED $900+K. PPN is a 7.61 acre complex 3 blocks from Drury College. It is 125 units consisting of: 96 garden apartments @815 SF; 5 deluxe apartments @890 SF; 24 townhouses @934 SF. There is 113,252 SF of livable space and a pool. All units are 2 bed/ 1.5 baths. There are 11 buildings which were built in 1986. Price is based on $30,000/unit or $33.11/SF. Owner pays water, sewer, and trash. Each unit has a washer/dryer hookup plus there is a common laundry.

More Information MLS# 11405909

Contract Information

Transaction Type: Sale Historical District: No Foreclosure/Short Sale: No Property Sub-Type: Apartment Building Begin Date: 2014-04-22 List Price: $3,750,000 Agreement Type: Exclusive Right To Sell

Location, Tax and Other Information

Inside City Limits: Yes RE Tax Provided By: Assessor Records

General Property Description

SqFt-Aprx: 113252 SqFt Finsh'd & Unfnsh'd: 2400 - 2599 Waterfront/View: None View: No Lake/River: None Aprx Year Built: 1986 Number of Units: 125 Aprx Lot Size (Acres): 7.61 Lot Dimensions: Acres Elementary School: SGF-Boyd Middle School: SGF-Pipkin High School: SGF-Central

Unit Features

Carpet: 1

Construction

Brick: 1 Vinyl Siding: 1

Two Bed Units

Two Bed $: Over $450 Two Bed SqFt: 751 - 1,000 SqFt

Utilities

City: 1 Electricity: 1 Master Meter: 1 Separate Meters: 1 Sewer: 1 Tenant Pays: 1 Tenant Pays Part: 1 Trash: 1 Water: 1

Cooling

Central: 1

Miscellaneous

Smoke Detector: 1

Parking

Paved Area: 1

Roofing Material

Composition: 1

Possession

Subject to Tenant Rt: 1

Will Sell

Cash: 1 Conventional: 1

Closing Info

Appraiser Name: National Valuation Lender Name: Metropolitan Bank

Buildings

Four or More Buildings: 1

Water

City Water: 1

Sewer

City Sewer: 1

Flood Insurance

Unknown: 1

Type of Tenancy

Lease: 1

Deposits

Deposit Required: 1

Location Tax and Other Information

Street #: 1231 Street Direction: North Street Name/Route: Texas Suffix: Avenue County: Greene State/Province: MO Zip Code: 65802 Subdivision: Fairbanks Parcel ID: 881313113013 Real Estate Tax: 29712 Tax Year: 2013 Zoning: mf

Remarks Misc

Directions: National to Division. West to Texas. South to complex.

Status Change Info

Status: Closed Under Contract Date: 2014-09-26 Sold Date: 2014-11-07

Property Features

Unit Features: Carpet Cooling: Central Buildings: Four or More Buildings Construction: Brick; Vinyl Siding Roofing Material: Composition Parking: Paved Area Miscellaneous: Smoke Detector Water: City Water Sewer: City Sewer Utilities: Electricity; Master Meter; Separate Meters; Sewer; Tenant Pays; Tenant Pays Part; Trash; Water Flood Insurance: Unknown Type of Tenancy: Lease Possession: Subject to Tenant Rt Will Sell: Cash; Conventional Deposits: Deposit Required
Listing Office: Murney Associates - Primrose
IDX
Last Updated: September - 17 - 2021
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