50 UNIT APARTMENT COMPLEX IN ARCADIA VALLEYRare opportunity to acquire a 50-unit multifamily portfolio in Arcadia Valley, Missouri one of Southeast Missouri's’ steadily growing rental markets. The offering includes 50 residential units and 1 Laundry unit in 19 buildings on 10 acres.30-1 bedroom, 1 bath units7-2 bedroom, 1 bath units12-2 bedroom, 2 bath units1-3 bedroom, 2 bath unit1- Laundry with rehab potential for income producing amenityProperty is located in Pilot Knob, Missouri in Iron County about 80 miles south of St Louis, and 17 miles south of Farmington.Apartments are on Hwy 21 near Hospital, Post office, stores and restaurants.Currently 96% occupied with an 8% Cap rate. $2,750,000
| MLS # | 26043543 |
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| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1986 |
| Days On Site | 49 |
| Listing Provided By | Valley Real Estate | Jeffrey Vroman |
| Acreage | 10.00 |
|---|
| Cooling | Central Air, Wall Unit(s), Window Unit(s) |
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| Construction Materials | Frame |
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| Attached Garage Yes / No | No |
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| Property | 15827 |
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| State | MO |
|---|---|
| County | Iron |
| City | Pilot Knob |
| Zip Code | 63663 |
| Area | Arcadia Valley |
| Community Name | Countryside |
| School District | Arcadia Valley High |
| Elementary School | Arcadia Valley Elem. |
| High School | Arcadia Valley High |
| Listing VS Median (in Countryside) | |
Price: $2,750,000 low | high Med: $0 On site: 49 low | high Med: | |
| State | MO |
|---|---|
| County | Iron |
| City | Pilot Knob |
| Zip Code | 63663 |
| Area | Arcadia Valley |
| Community Name | Countryside |
| School District | Arcadia Valley High |
| Elementary School | Arcadia Valley Elem. |
| High School | Arcadia Valley High |
| Listing VS Median (in Countryside) | |
Price: $2,750,000 low | high Med: $0 On site: 49 low | high Med: | |