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1009 Stepehens Street

Ava, MO 65608
  • $1,375,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 60206818
UPDATED: 41 min ago
$1,375,000
  • 0
    BEDS
  • 1.65
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 24,748
    SQFT
  • $56
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1980
County:
Area:
Ava

School Information

Elementary School:
Ava
Middle School:
Ava
High School:
Ava

Description

Senior housing apartment complex for sale. A total of 24 units, located in two buildings sitting on 1.65 acres. Section 8 HUD contract on apartments. Total monthly rent is $580 per unit with an approved rent increase to $588 in 2022. Low vacancy rate. Apartments are 1 bedroom 1 bath units. Building includes common area and indoor laundry facility for additional income. Apartments have an office and maintenance storage area. Apartments have been updated in the past. Exterior is mostly brick. Brand new roof installed in 2021. Many HVAC units and hot water heaters replaced. Owner provides electric, sewer, water, and trash. Management company is in place. Great long term investment opportunity!

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The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Winans-Lee Team | Keller Williams Tri-Lakes are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2022 Southern Missouri Regional MLS, LLC. All rights reserved. Data last updated: 2022-01-18T20:51:33.183.

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1009 Stepehens Street Ava, MO 65608

  • Price: $1,375,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 41 min ago
  • MLS #: 60206818
0
Beds
0
Baths
0
½ Baths
1.65
Acres
24,748
SQFT
$56
$/SQFT
1980
Built
Neighborhood:
N/A
County:
Douglas
Area:
Ava
Elementary School:
Ava
Middle School:
Ava
High School:
Ava
Property Description
Senior housing apartment complex for sale. A total of 24 units, located in two buildings sitting on 1.65 acres. Section 8 HUD contract on apartments. Total monthly rent is $580 per unit with an approved rent increase to $588 in 2022. Low vacancy rate. Apartments are 1 bedroom 1 bath units. Building includes common area and indoor laundry facility for additional income. Apartments have an office and maintenance storage area. Apartments have been updated in the past. Exterior is mostly brick. Brand new roof installed in 2021. Many HVAC units and hot water heaters replaced. Owner provides electric, sewer, water, and trash. Management company is in place. Great long term investment opportunity!
Exterior Features

Construction BrickVinyl Siding Lake River None Lot Dimensions 262X275 Parking Paved Area Roofing Material Asphalt Street Spaces Asphalt Waterfront View None

Interior Features

Appliances Oven/RangeRefrigerator Baths Each Unit 1 Cooling Central Heating Forced Air One Bed Sq Ft 301 - 500 Sqft

Property Features

Alternate Listing None Foreclosure Short Sale No Historical District No Inside City Limits Yes Lease Monthly 14112.00 Monthly Rent 14112.00 New Or Under Construction Alt No One Bed Rent Over $350 One Bedroom Units 24.00 Possession At Closing Property Subtype Apartment Building Real Estate Tax 4511.00 Real Estate Tax Provided By Owner Sewer City Sewer Sq Ft Fin And Unfin 5000 Or More Sub Lease No Tax Year 2020 Transaction Type Sale Utilities Electricity Water City Water Will Sell 1031 ExchangeCashConventional Zoning Multi-Family

Listing provided courtesy of Spring Creek Realty, Llc. © 2022 Southern Missouri Regional MLS. All rights reserved.


The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Winans-Lee Team | Keller Williams Tri-Lakes are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2022 Southern Missouri Regional MLS, LLC. All rights reserved. Data last updated: 2022-01-18T20:51:33.183.

Click here for Digital Millennium Copyright Act
 
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Winans-Lee Team | Keller Williams Tri-Lakes
714 Hwy 248 Suite 10
Branson MO, 65616