701 Broadway
Waynesville,
MO
65583
Property Details
List Price: |
$1,235,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
5356 |
Agency: |
Realty Executives Fort Leonard Wood, LLC |
Description/Comments
Lot Size: |
1 acre(s) |
Property Type: |
MultiFamily |
Year Built: |
1967 |
Notes: |
INVESTMENT HIGHLIGHTS<br />
• Value Added with an extra building lot that goes with the sale.<br />
• Consistently 90+% occupied.<br />
• Currently under professional management<br />
• Great parking for each tenant<br />
• Direct proximity to Fort Leonard Wood Military Base, Waynesville Middle School and High School, Theatre, Grocery Shopping, and numerous eateries<br />
• PRO FORMA ~7% Cap Rate with great cash flow<br />
<br />
EXECUTIVE SUMMARY<br />
Broadway Apartments offers 13 rentable units with nine - 3 Bedroom and 2 Bath units and a mix of 2 Bedroom and 1 Bedroom units in the remaining 4. This great investment opportunity stays above 90% rented because of its great position between the Front and West gates of Fort Leonard Wood Military Base and the local school system. All units are spacious, well maintained, and under professional management. With easy access to I-44 that provides a short 1 and ½ drive to Springfield and 2 and ½ hours to St Louis. |
MlsNumber: |
24013792 |
Estimate Your Monthly Payment
Listing Provided By: |
Realty Executives Fort Leonard Wood, LLC, original listing |
Name: |
Realty Executives Fort Leonard Wood, LLC |
Phone: |
(573) 528-7642 |
Office Name: |
Jade Realty |
Office Phone: |
(573) 528-7642 |
Agent Name: |
David Holbrook |
Disclaimer: |
Copyright © 2024 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |