202 South Fort Street, Nixa, MO 65714

$2,660,000
Property Type: MultiFamily Lot Size (sq. ft.): 20,473 Status: Closed
Current Price: $2,660,000 List Date: 12/08/2024 Last Modified: 4/17/2025

Description

Investment package opportunity in Nixa, MO. 202-208 Fort St. 17 unit apartment complex. Consists of (3) studio apartments, (2) 1 bed, one bath apartments, & (12) 2 bed, 1 bath apartments. Property also has a 2 car detached garage that is currently being used as a maintenance building. 425-427, 439-441, 451-453, 467-469, 000 Magnolia Ln. Set of (3) town-house style duplexes & (1) single story duplex. Also included is a vacant lot neighboring 425-427. The (3) town-house duplexes are 2/1.5/1 on each side & the (1) single story duplex is a 2/1 on each side. Several recent improvements include newer roofs to some of the properties as well as flooring, hvac, windows, paint, appliances, and more on several of the units. This is a great opportunity to acquire a stable investment package at an affordable price. Don't miss out! Seller prefers to sell these properties as part of a package (6 properties total, located here in Nixa) but is open to selling the properties individually at the listed prices. This is a parent listing. Grab this deal before it's too late!!

More Information MLS# 60272256

Contract Information

Transaction Type: Sale Lease Monthly: 16125 Sub Lease: No Parent/Child: Parent Historical District: No Foreclosure/Short Sale: No Property Sub-Type: Apartment Building Begin Date: 2024-07-02 List Price: $2,660,000 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: 3499 Total Room Count Above Grade: 25 SqFt Finsh'd & Unfnsh'd: 3400 - 3599 Total Monthly Rent: 16125 # Efficiency Units: 3 # One Bedroom Units: 2 # Two Bedroom Units: 20 Waterfront/View: None # Attached Garage Spaces: 6 # Detached Garage Spaces: 2 # Detached Carport Spaces: 0 Lake/River: None Aprx Year Built: 1972 Aprx Lot Size (Acres): 0.47 Lot Dimensions: Acres Garage/Carport: 1 Total Garage/Carport Stalls: 8 Elementary School: Nixa Middle School: Nixa High School: Nixa

Status Change Info

Price Disclosed: Yes Status: Closed Under Contract Date: 2025-04-02 Sold Date: 2025-04-16

How to Show

Call Listing Agent: 1

Efficiency

Efficiency $: Over $200

One Bed Units

One Bed $: Over $350

Construction

Brick: 1 Vinyl Siding: 1

Two Bed Units

Two Bed $: Over $450

Cooling

Ceiling Fans: 1 Central: 1

Appliances

Oven/Range: 1 Refrigerator: 1

Baths

1 Per Unit: 1 1 1/2 Per Unit: 1

Heating

Central: 1 Forced Air: 1

Parking

Two or More: 1

Roofing Material

Asphalt: 1

Possession

At Closing: 1

Will Sell

1031 Exchange: 1 Cash: 1 Conventional: 1

Closing Info

Appraiser Name: No Appraiser Lender Name: OMB Bank

Buildings

Four or More Buildings: 1

Streets

Asphalt: 1

Water

City Water: 1 Water - Rural: 1

Sewer

City Sewer: 1 Septic - Shared: 1

Flood Insurance

Not Required: 1

Documents Available

Disclosure: 1

Type of Tenancy

Lease: 1

Yearly Net Oper Inc

Over $25,000: 1

Location Tax and Other Information

Street #: 202 Street Direction: South Street Name/Route: Fort Suffix: Street County: Christian State/Province: MO Zip Code: 65714 Subdivision: Christian-Not in List Parcel ID: 100614004002001000 Real Estate Tax: 2435.39 Tax Year: 2023 Legal Description: LOT 8 KELTNER-WALKER & N2 LOT 7 Zoning: Residential

Remarks Misc

Directions: In Nixa from Hwy 14 & 160, (S) on 160 to South St, (E) on South St to Fort St, (N) on Fort St to the apartment complex on the right. In Nixa from Hwy 160 & CC, (E) on CC to Herndon Rd, (W) on Herndon Rd to Pine St, (S) on Pine St to Magnolia Ln, (W) on Magnolia Ln to duplexes on the right.

Property Features

How to Show: Call Listing Agent Baths: 1 Per Unit; 1 1/2 Per Unit Appliances: Oven/Range; Refrigerator Cooling: Ceiling Fans; Central Heating: Central; Forced Air Buildings: Four or More Buildings Construction: Brick; Vinyl Siding Roofing Material: Asphalt Parking: Two or More Streets: Asphalt Water: City Water; Water - Rural Sewer: City Sewer; Septic - Shared Flood Insurance: Not Required Documents Available: Disclosure Type of Tenancy: Lease Yearly Net Oper Inc: Over $25,000 Possession: At Closing Will Sell: 1031 Exchange; Cash; Conventional
Listing Office: Murney Associates - Nixa
IDX
Last Updated: April - 17 - 2025
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