22042828 Listing Details
Attention investors and developers! 8 apartment buildings that contain 4 units each (32 units total), on 15.04 acres. A-frame-style, 1 bed, 1 bath units, that are fully furnished, and rented for $425-525 per month. That equals a gross income of approximately $15,000 per month! An additional 12+/- acres of undeveloped land adjoins the University of Missouri, Science and Technology's soccer field. The units include spiral staircases, loft-style bedrooms, and set up for a community, coin operated laundry room. The units are equipped with newer flooring, cabinets, windows and HVAC units. The roofing for all units was replaced approximately 2-3 years ago. The property is zoned residential and packed with potential. You can develop the raw land or just enjoy the generous income from the 32 units. Schedule an appointment to see this property today!
Listed by: Coldwell Banker Quality, REALT
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