701-725 Broadway St - Apartments FOR SALE


Waynesville, MO 65583
$1,235,000 USD
573-336-2206
701-725 Broadway St, Waynesville, MO for Sale
$1,235,000 USD
Apartments - FOR SALE
1/22
null | 7.43% Cap Rate

701-725 Broadway St
Waynesville, MO 65583


HIGHLIGHTS

  • Located between front and West Gate of Fort Leonard Wood Military Base
  • New Roofs
  • Vacant Lot goes with sale

OVERVIEW

INVESTMENT HIGHLIGHTS New Roofs. Extra Build Ready Lot Goes with the Sale Newly Remodeled Unit to make 13 rentable units that Consistently stay 95+% occupied. Currently under professional management Parking for each tenant Direct proximity to Fort Leonard Wood Military Base, Waynesville Middle School and High School, Theatre, Grocery Shopping, and numerous eateries • PRO FORMA ~7% Cap Rate with great cash flow EXECUTIVE SUMMARY 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

FOR SALE DETAILS

PRICE

$1,235,000 USD

PRICE/SF

$115 USD /SF

# OF UNITS

13

PRICE/UNIT

$95,000

CAP RATE

7.43%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Broadway Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

-

APN/PARCEL ID

11-7.0-26-001-018-003-000

ASK ABOUT THIS PROPERTY

David HolbrookWatson & Associates LLCMore Info
573-336-2206

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David HolbrookWatson & Associates LLCMore Info
573-336-2206

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