8-Unit Apartment
18398 71 Hwy, Jane, MO 64856
For Sale
$1,650,000
Fully occupied and professionally managed, the property has individually metered apartments and sound-insulated shared walls.
Property Size7,500 SF
Lot Size2.00 Acres
Price / SF$220
Days on Market19
Property Features for 18398 71 Hwy
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Cap Rate
Utilities to Site
Tenant in Place
Building Details
Year Built
Buildings
Listing Agency:
RE/MAX Associates, LLC
(479) 341-1504
Listed By:
Your NWA Home Group
(479) 366-3026
Source:
Yournwahome
Added: Oct 20
Changed: Nov 6
Last Checked: Nov 6 at 1:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Associates, LLC
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Investment Insights
Based on property information with market context.
Built in 2023, this eight-unit apartment property contains two-bedroom, one-and-a-half-bath residences of approximately 937 square feet each. Common walls are soundproofed, and each apartment is individually metered. The building is fully rented and under management.
The property occupies approximately 2 acres at 18398 71 Hwy in Jane, Missouri. Utilities are in place, and the site may have room for one to three additional eight-unit buildings, depending on their size and layout. Current NOI reflects a 6% cap rate.
The property occupies approximately 2 acres at 18398 71 Hwy in Jane, Missouri. Utilities are in place, and the site may have room for one to three additional eight-unit buildings, depending on their size and layout. Current NOI reflects a 6% cap rate.
Key Highlights
- Eight apartments, each with 2 bedrooms, 1 1/2 baths and approximately 937 SF
- Approximately 2 acres; site may fit 1–3 additional 8‑plexes depending on size and layout
- Built in 2023; 7,500 SF property size
Property Analytics
Lease Details
8
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 64856, MO
4,164
Population
1,724
Households
2.4
Avg Household Size
43
Median Age
10%
College-Educated
83%
High-School Grad
90.6 sq mi
ZIP Area
46
Density / Sq Mi
$49,148
Median Household Income
$32,395
Median Earnings
$757
Median Rent
$173,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied and professionally managed, the property has individually metered apartments and sound-insulated shared walls.
Where is this apartment building located?
The property is located at 18398 71 Hwy Jane, MO.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Eight apartments, each with 2 bedrooms, 1 1/2 baths and approximately 937 SF; Approximately 2 acres; site may fit 1–3 additional 8‑plexes depending on size and layout; Built in 2023; 7,500 SF property size
