Details for Listing #60283814
Well cared for multifamily investment opportunity, walking distance from both Missouri State University and Downtown Springfield. Property features 32 leasable units (8 four-bedroom apartments, rent-by-the-bed concept). 1:1 parking ratio, with gated, securely fenced off-street parking, a rare and valuable amenity for the area. Owners have updated interior of units, which feature shared kitchen, living room, balconies and in-unit washer/dryers. This investment makes a great addition to a real estate portfolio. With a stable rental history and property management in place, this can be a turnkey hands-off investment for its new owner.Property Description:- Multifamily-Student Housing,- 4 Stories,- 8 units total (4 bed/4 bath, 1410 sf each),- 32 Beds total. Rent by the bed concept,- 11,280 sf rentable (12,356 sf Internal),- Built: 2010,- Zoned CC,- Secure/gated parking: 34-35 spaces (1:1 ratio),- $450-500/mo per bed or $1800-2000/mo per unit,Highlights:- Gated private parking,- Video Security, Secure Access,- By the Bed concept,- Renovated 2019-21 with premium finishes interior/exterior,- Leed construction,- All utilities Included,- Good Rental History,
Well cared for multifamily investment opportunity, walking distance from both Missouri State University and Downtown Springfield. Property features 32 leasable units (8 four-bedroom apartments, rent-by-the-bed concept). 1:1 parking ratio, with gated, securely fenced off-street parking, a rare and valuable amenity for the area. Owners have updated interior of units, which feature shared kitchen, living room, balconies and in-unit washer/dryers. This investment makes a great addition to a real estate portfolio. With a stable rental history and property management in place, this can be a turnkey hands-off investment for its new owner.Property Description:- Multifamily-Student Housing,- 4 Stories,- 8 units total (4 bed/4 bath, 1410 sf each),- 32 Beds total. Rent by the bed concept,- 11280 sf rentable (12356 sf Internal),- Built: 2010,- Zoned CC,- Secure/gated parking: 34-35 spaces (1:1 ratio),- $450-500/mo per bed or $1800-2000/mo per unit,Highlights:- Gated private parking,- Video Security, Secure Access,- By the Bed concept,- Renovated 2019-21 with premium finishes interior/exterior,- Leed construction,- All utilities Included,- Good Rental History,
Listed by: Murney Associates - Primrose - phone: (417) 823-2300
Listings displayed on this website are courtesy of SOMOMLS as distributed by MLS GRID.
IDX information is provided exclusively for consumers' personal noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS, if any, and as amended from time to time. MLS GRID may require use of other disclaimers as necessary to protect Member Participant and/or their MLS from liability.
Based on information submitted to the MLS GRID as of 2025-03-23 07:03:03 GMT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agThe 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 Down Home Realty 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 contains 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. © Southern Missouri Regional MLS, LLC. All rights reserved. More Info (opens in a new window)
