1 Proactive Drive New Florence, MO 63363
PRICED AT $2,700,000
Listing Details
- $2,700,000
- MLS# 26000912
- Type Multi Unit - Multiple
- Status Pending
- 2.930 acres Lot Size
- 1982 Year Built
- Montgomery Co R-II Local Schools
Description
This well-maintained 36-unit property features 31-1beds, 4-2beds, and 1 commercial space. The asset has undergone major capital improvements in the last few years, including a new roof, new siding, and electrical upgrades, delivering true peace of mind for the next owner. With these significant updates completed, this is a low-maintenance, turnkey investment. The property is currently operating at an impressive 10% cap rate with stable operations, low vacancy, and strong cash flow. Rental demand remains consistent while the commercial space is a prime opportunity to add additional income. This asset offers both immediate and returns and future...read more
Features
- Refrigerator
- Electric Water Heater
- Electric, Wall Unit(s)
- Electric, Forced Air
- $23,266 Taxes
- Public
- Built in 1982
Gallery
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Based on information submitted to the MLS GRID. 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/agent presenting the information.
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