translateTranslate
 (800) 325-7700

Address Undisclosed

$449,000

  • 0 BedBeds
  • 0 Full BathFull Baths
  • 0 Half BathHalf Baths
  • Sqft
  • Multi-Family
  • Active
  • MLS# 18024653
  • Open House
Show All Schedule(0)

A great 12 unit cash cow in Pevely. Seller has been selling off their multifamily(over 100 units) and this is their last building. Sellers have been focused on their other businesses for the past year. With that in mind, I have used the financials for 2016, which are a more accurate reflection of what the building normally nets. I I have also included a proforma for market rents, while using current expenses. Proforma only increases rent by $25, but makes a huge difference with an acceptable vacancy rate. 2016 Financials include an actual vacancy rate of 6.3%, which still leaves a lot of room for improvement. Please do NOT approach or contact tenants. Listing Agent Accompany. Minimal effort to get a great return on this investment.


Listing courtesy of Realty Exchange

Interested in this property


Property InformationAddress Undisclosed

  • Property TypeMulti-Family
  • List Price$449,000
  • Sqft
  • Bed Beds 0
  • Full Bath Full Baths 0
  • Half Bath Half Baths 0
  • CityPevely
  • StateMO
  • Zip63070
  • AreaHerculaneum
  • Age53
  • Acres0.7000
  • CoolingCentral-Electric
  • HeatingForced Air
  • Heat SourceElectric, Gas
  • WaterPublic
  • Water HeatElectric, Gas
  • SewerPublic
  • Parking DescriptionParking Lot
  • School DistrictDunklin R-V
  • Elementary SchoolPevely Elem.
  • Middle SchoolSenn-Thomas Middle
  • High SchoolHerculaneum High

Price & Status History

  • Previous Price
  • Price Change
  • Price Change Date
  • Previous Status
  • Status Change Date

Days On Market

  • This property has been listed on the market for days
  • Average days on market for homes between $263,200-$394,800 = (in zip code 29926)
senn-thomas middle school (6-8)
200 senn thomas dr
herculaneum, MO 63048
place0.91 miles from listing, web Website 15 students per teacher Educational climate index: low
25 staff members 319 total students Poverty level:6 - 15.9 percent percent Enrollment change: -15% to -20%
herculaneum high school (9-12)
1 black cat dr
herculaneum, MO 63048
place1.21 miles from listing, web Website 14 students per teacher Educational climate index: low
30 staff members 400 total students Poverty level:6 - 15.9 percent percent Enrollment change: -10% to -15%
pevely elementary school (k-5)
30 main st
pevely, MO 63070
place0.41 miles from listing, web Website 14 students per teacher Educational climate index: low
45 staff members 750 total students Poverty level:6 - 15.9 percent percent Enrollment change: +20% to +50%
taylor building (preschool-preschool)
400 joachim ave
herculaneum, MO 63048
place1.12 miles from listing, web Website 18 students per teacher Educational climate index: low
6 staff members 110 total students Poverty level:not reported percent Enrollment change: No Change

Mortgage Information


Results

Monthly insurance: 
$0.00
Monthly taxes: 
$0.00
Monthly payment: 
$0.00
Total monthly payment: 
$0.00
mls board disclosure

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

keyboard_arrow_up