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RARE INVESTOR SPECIAL!! Are you looking to expand your portfolio with this turn-key secure investment? Here it is, with 100% occupancy! This Multi-Family property is a top performer, at an actual 8.19% CAP RATE, with room to grow income via additional rent stabilization/raising and updating further units. The stabilized CAP RATE of this property is projected to be 10.86%. This property is made up of 3 buildings with 11 total units and has room to grow! Some features about these 11 units include: - 3.84 +- Acres - 11 Total Units (Units #8 & #11 have been completely renovated with brand new bathrooms, updated kitchens and all new surfaces; other units have received regular updates/maintenance) - 3 Buildings (brick, stone, or vinyl siding) - 8,120 +- Rentable Sq Ft between all units - Very close to Highway I-44 (Only 15 minutes to Springfield!) - Window unit air in all units - Baseboard heating in all units - Individually metered for utilities (tenant pays part) - Community washer & dryer ''laundry house'' is on-site (coin operated and revenue generating) - A new Well was recently installed, which services all units for water - And more! This would be perfect for someone looking to efficiently upgrade the quantity of their portfolio.. 11 units, all in one swoop! Don't miss out on this cozy multi-family property tucked away nicely in Marshfield! **Annual Pro-Forma Rental Income is $82,500; see documents section of the MLS Listing for all financial info**PROPERTY FEATURES
Water Source :
Well - Private
PROPERTY DETAILS
Street Address: 41 Northridge Drive
City: Marshfield
State: Missouri
Postal Code: 65706
County: Webster
MLS Number: 60279554
Courtesy of Murney Associates - Primrose
City: Marshfield
State: Missouri
Postal Code: 65706
County: Webster
MLS Number: 60279554
Courtesy of Murney Associates - Primrose
Courtesy of Complete Realty Sales & Mgmt
