Listing Agency: SVN | Rankin Company, LLC

Listed By: Lee Mclean III, SIOR, CCIM · License #MO 2002005214 Show Phone

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 2:15AM

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Investment Insights

Based on property information with market context.

South Valley Apartments is an apartment property comprising 258 units. The asset is located at 1040 South Valley Lane in Springfield, Missouri 65802.

Key Highlights

• 258‑unit apartment property
• Located at 1040 South Valley Lane
• Springfield, MO 65802

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Spa & Massage Center Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

258

Residential units

Location Intelligence

Trade Area within ½ mile

50

Businesses Nearby

Explore this area Business Placement

Demographics for 65802, MO

48,233

Population

20,199

Households

2.4

Avg Household Size

35

Median Age

26%

College-Educated

89%

High-School Grad

61.4 sq mi

ZIP Area

786

Density / Sq Mi

$51,080

Median Household Income

$34,298

Median Earnings

$900

Median Rent

$162,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - South Valley Apartments is a multifamily housing property in Springfield, Missouri.

Where is this apartment building located?

The property is located at 1040 South Valley Lane Springfield, MO.

What are key features of this property?

This property features: 258‑unit apartment property; Located at 1040 South Valley Lane; Springfield, MO 65802