1 Proactive Dr - Hospitality FOR SALE


New Florence, MO 63363
$2,800,000 USD
314-662-6453
1 Proactive Dr, New Florence, MO for Sale
$2,800,000 USD
Hospitality - FOR SALE
1/56
null | Request Cap Rate

1 Proactive Dr
New Florence, MO 63363


OVERVIEW

Fully Remodeled Complex: This 36-unit complex has undergone a complete remodel, featuring modern upgrades and impeccable finishes both inside and out. Comprehensive Upgrades: Enjoy the benefits of a brand-new roof, siding, and a state-of-the-art solar system. Each unit has new flooring, fresh paint, updated plumbing, electrical systems, and individual HVAC units, all with remote control. Diverse Unit Mix: With 35 furnished residential units and 1 versatile commercial space, the property offers a well-rounded investment opportunity to attract varied tenant needs. Prime Location with High Demand: Located just off Highway 70, this complex ensures high occupancy rates and steady rental demand, making it an attractive choice for investors seeking stability and growth.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$181 USD /SF

# OF ROOMS

38

PRICE/ROOM

$73,684 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

America`s Best Inn New Florence

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

C

APN/PARCEL ID

11-8.0-27-000-000-016.001

ASK ABOUT THIS PROPERTY

Mike ShepherdInvest St. Louis, LLCMore Info
314-662-6453

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Mike ShepherdInvest St. Louis, LLCMore Info
314-662-6453

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.