$1,999,000

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

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Residential Multi Family
• Architectural Style: Other
• Year Built: 2010
• Built in 2010
• Home size: 0 ft² / 0.00 m²
• MLS: 60283814
• Status: Active

Map