241-285 Terrace Court, Sparta, MO 65753
$1,150,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
55,321
Status:
Closed
Current Price:
$1,150,000
List Date:
3/17/2021
Last Modified:
6/01/2021
Description
Excellent investment property in Sparta, MO! This package includes two sixplex buildings and a fourplex for a total of 16, 2 bedroom 1.5 bath units. Property is in good condition and well maintained with an excellent occupancy rate history. New roof was installed last year on all three buildings. If you are looking for a good investment property don't miss this one.
More Information MLS# 60185437
Contract Information
Transaction Type: Sale
Sub Lease: No
Parent/Child: None
Historical District: No
Foreclosure/Short Sale: No
Property Sub-Type: Duplex/Triplex/Fourplex
Begin Date: 2021-03-17
List Price: $1,150,000
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 Finsh'd & Unfnsh'd: 5000 or more
Total Monthly Rent: 9225
# Two Bedroom Units: 16
Waterfront/View: None
View: No
Lake/River: None
Aprx Year Built: 2005
Number of Units: 16
Aprx Lot Size (Acres): 1.27
Lot Dimensions: Acres
Elementary School: Sparta
Middle School: Sparta
High School: Sparta
Listing Info
Owner Agent: No
Fire District: Sparta
Unit Features
All Units: 1
Carpet: 1
Construction
Brick: 1
Vinyl Siding: 1
Two Bed Units
Two Bed $: Over $450
Utilities
Electricity: 1
Gas: 1
High Speed Internet Access: 1
Sewer: 1
Water: 1
Cooling
Central: 1
Appliances
Dishwasher: 1
Microwave: 1
Oven/Range: 1
Baths
1 1/2 Per Unit: 1
Heating
Central: 1
Forced Air: 1
Miscellaneous
Smoke Detector: 1
Parking
Paved Area: 1
Roofing Material
Composition: 1
Possession
At Closing: 1
Will Sell
1031 Exchange: 1
Cash: 1
Conventional: 1
Closing Info
Appraiser Name: Cushman & Wakefield
Lender Name: First State Bank
Buildings
Three Buildings: 1
Streets
Asphalt: 1
Water
City Water: 1
Sewer
City Sewer: 1
Flood Insurance
Not Required: 1
Type of Tenancy
Monthly: 1
Yearly Net Oper Inc
Over $25,000: 1
Deposits
Deposit Required: 1
Location Tax and Other Information
Street #: 241-285
Street Name/Route: Terrace
Suffix: Court
County: Christian
State/Province: MO
Zip Code: 65753
Subdivision: Millbrooke Terr
Parcel ID: 12-0.7-26-000-000-010.002
Real Estate Tax: 6172.06
Tax Year: 2020
Legal Description: As per parcel number 12-0.7-26-000-000-010.002; 12-0.7-26-000-000-010.004 and 12-0.7-26-000-000-010.003 in Christian County MO.
Zoning: Multi-Fam
Section: 26
Township: 27
Remarks Misc
Directions: From Ozark, MO take Hyw 14 East to Sparta then left on Terrace CT to property on corner.
Status Change Info
Status: Closed
Under Contract Date: 2021-03-26
Sold Date: 2021-05-28
Property Features
Unit Features: All Units; Carpet
Baths: 1 1/2 Per Unit
Appliances: Dishwasher; Microwave; Oven/Range
Cooling: Central
Heating: Central; Forced Air
Buildings: Three Buildings
Construction: Brick; Vinyl Siding
Roofing Material: Composition
Parking: Paved Area
Streets: Asphalt
Miscellaneous: Smoke Detector
Water: City Water
Sewer: City Sewer
Utilities: Electricity; Gas; High Speed Internet Access; Sewer; Water
Flood Insurance: Not Required
Type of Tenancy: Monthly
Yearly Net Oper Inc: Over $25,000
Possession: At Closing
Will Sell: 1031 Exchange; Cash; Conventional
Deposits: Deposit Required
Listing Office:
Murney Associates - Primrose
Last Updated: June - 01 - 2021
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