#SOM60283814
Springfield, MO
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 2010 build
- – on site
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 unitHighlights:● 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
Last checked:
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Last updated Dec 19, 2024
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MLS# 60283814 —
The Building
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Year Built:2010
Location
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Directions:From Sunshine St and Hwy 65 in Springfield, head West on Sunshine St, North on National Ave and West on Walnut St. The property is on the South side of the road.
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Latitude:37.206682
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Longitude:-93.288435
The Property
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Parcel Number:1324242061
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Property Type:Residential Income
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Property Sub Type:Apartment Building
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Lot Size Acres:0.51
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Zoning:CC
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Waterfront View:None
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Other Structures:One
Listing Agent
- Contact info:
- Agent phone:
- (417) 576-3846
- Office phone:
- (417) 823-2300
Taxes
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Tax Year:2024
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Tax Annual Amount:18400
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Tax Legal Description:0.51A M/L BEG 9.28 FT N & 301.07 FT W NW COR LOT 4 KIMBROUGH ADDS 134.12 FT W 8 FT S 137.88 FT W 70 FT N 310 FT E 77.5 FT TO BEG 24/29/22
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:City
Schools
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Elementary School:SGF-Rountree
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Middle Or Junior School:SGF-Jarrett
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High School:SGF-Parkview
The Community
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Subdivision Name:N/A
Parking
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Attached Garage:false
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/18/24
Dec 18, 2024
|
Listed / Active | SOMO | $1,999,000 |
