321 345 West Walnut South Pike, Bolivar, MO 65613
$2,000,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
53,579
Status:
Closed
Current Price:
$2,000,000
List Date:
3/01/2023
Last Modified:
12/05/2023
Description
Great investment opportunity! The apartment complex has 28 units. 24 1 bedroom 1 bathroom units and 4 2 bed 1 bathroom units. Currently 19 are rented out and a 20th is being remodeled and already has a tenant lined up. There are three different buildings. Two of the buildings house 10 apartments each and the other houses 8. The building with 8 needs to be remodeled and is currently down to the studs. When those get remodeled that will be another great added revenue stream. The complex has an on site coin operated laundry room with several washers and dryers. The current rental income is 16875 per month that will increase when the 20th unit is rented. Call for your private tour of this amazing investment opportunity today
More Information MLS# 60237389
Contract Information
Transaction Type: Sale
Sub Lease: No
Foreclosure/Short Sale: No
Property Sub-Type: Apartment Building
Begin Date: 2023-03-01
List Price: $2,000,000
Agreement Type: Exclusive Right To Sell
Location, Tax and Other Information
Inside City Limits: Yes
RE Tax Provided By: Owner
General Property Description
SqFt Finsh'd & Unfnsh'd: 5000 or more
Total Monthly Rent: 16875
# One Bedroom Units: 24
# Two Bedroom Units: 4
Waterfront/View: None
Lake/River: None
Aprx Year Built: 1985
Number of Units: 28
Aprx Lot Size (Acres): 1.23
Lot Dimensions: Acres
Elementary School: Bolivar
Middle School: Bolivar
High School: Bolivar
Status Change Info
Price Disclosed: Yes
Status: Closed
Under Contract Date: 2023-03-15
Sold Date: 2023-07-13
Listing Info
Owner Agent: No
Fire District: city of Bolivar
Views
City: 1
Unit Features
Furnished: 1
Amenities
Central Laundry: 1
One Bed Units
One Bed $: Over $350
Construction
Brick: 1
Vinyl Siding: 1
Two Bed Units
Two Bed $: Over $450
Cooling
Window Unit(s): 1
Appliances
Oven/Range: 1
Refrigerator: 1
Baths
1 Per Unit: 1
Heating
Base Board: 1
Possession
At Closing: 1
Will Sell
1031 Exchange: 1
Cash: 1
Buildings
Three Buildings: 1
Streets
Asphalt: 1
Water
Public Water Available: 1
Sewer
Public: 1
Flood Insurance
Not Required: 1
Type of Tenancy
Lease: 1
Yearly Net Oper Inc
Over $25,000: 1
Location Tax and Other Information
Street #: 321 345
Street Name/Route: West Walnut South Pike
County: Polk
State/Province: MO
Zip Code: 65613
Subdivision: N/A
Parcel ID: 110111001001001001
Real Estate Tax: 5676
Tax Year: 2022
Zoning: multi family
Section: 11
Township: 33
Remarks Misc
Directions: From the Bolivar square head south on Main avenue. Turn right (west) onto Walnut street. Property will be on your right hand side.
Property Features
Unit Features: Furnished
Amenities: Central Laundry
Baths: 1 Per Unit
Appliances: Oven/Range; Refrigerator
Cooling: Window Unit(s)
Heating: Base Board
Buildings: Three Buildings
Construction: Brick; Vinyl Siding
Streets: Asphalt
Water: Public Water Available
Sewer: Public
Flood Insurance: Not Required
Type of Tenancy: Lease
Yearly Net Oper Inc: Over $25,000
Possession: At Closing
Will Sell: 1031 Exchange; Cash
Listing Office:
Partin Real Estate
Last Updated: December - 05 - 2023
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