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What a phenomenal investment opportunity! This 12 unit complex has been largely renovated with each unit having new high efficiency window units, commercial grade easily replaceable tile carpeting, newer refrigerators, fresh paint, and newer water heaters. Additionally, a new metal roof has been installed on nearly the entire complex. A survey has been completed for the lot as well. There has been a waiting list of tenants despite the only advertising for vacancy being a ''for rent'' sign on the street! Currently the seller has 3 vacant units that will remain vacant for the purpose of showing. Rent is $525 per unit for a gross income of $6,300 per month at full occupancy. Expenses averaged $970 per month from May 2023 - May 2024. This comes out to approximately $5,330 of positive cashflow monthly! What a great asset to add to your portfolio!PROPERTY FEATURES
Parking Features:
11-15 Spaces, Gravel
Cooling:
Wall Unit(s)
Heating :
Wall Furnace
PROPERTY DETAILS
Street Address: 420 Bus 60
City: Cabool
State: Missouri
Postal Code: 65689
County: Texas
MLS Number: 60268774
Year Built: 1933
Courtesy of Sho-Me Real Estate
City: Cabool
State: Missouri
Postal Code: 65689
County: Texas
MLS Number: 60268774
Year Built: 1933
Courtesy of Sho-Me Real Estate
Courtesy of Living The Dream, Inc.
