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Six-Building Apartment Investment
For Sale
$4,200,000

2301 S Riverside Road, St Joseph, MO 64507

Forty-eight-unit apartment complex with a leasing office and twelve covered carports across six eight-unit buildings.

Days on Market31

Property Features for 2301 S Riverside Road

General Information

Standard status Active
Total Parking Spaces 12

Additional Details

Highway Access Yes
Multifamily Units 48

Building Details

Year Built 1997
Listing Agency:
Listed By: Cassandra Stewart
Source: 21stcenturyrealty.idxbroker
Added: Jun 30 Changed: Jul 21 Last Checked: Jul 30 at 2:33AM

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 Cassandra Stewart

Investment Insights

Based on property information with market context.

This for-sale multifamily investment includes six apartment buildings, each with eight units, for a total of 48 units. The property also has a dedicated leasing office and twelve covered carports to support resident parking needs. According to the remarks, all units are in good condition, with 38 units noted as renovated.

The complex is described as providing excellent access to U.S. Highway 36, supporting practical connectivity for day-to-day operations and tenant access.

As presented, the offering provides a consolidated apartment configuration with multiple buildings, covered parking, and on-site leasing support.

Key Highlights

  • 48‑unit apartment complex built in 1997, consisting of six apartment buildings with eight units each
  • Dedicated leasing office on‑site
  • 12 covered carports included

Property Analytics

Current Use

Autumn's Trail Park

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Spa & Massage Center Building Supply Auto Parts Store Electrical Service

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

48
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

61
Businesses Nearby

Demographics for 64507, MO

14,133
Population
6,017
Households
2.3
Avg Household Size
34
Median Age
23%
College-Educated
91%
High-School Grad
55.8 sq mi
ZIP Area
253
Density / Sq Mi
$63,014
Median Household Income
$35,058
Median Earnings
$890
Median Rent
$134,000
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 - Forty-eight-unit apartment complex with a leasing office and twelve covered carports across six eight-unit buildings.
Where is this apartment building located?
The property is located at 2301 S Riverside Road St Joseph, MO.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 48‑unit apartment complex built in 1997, consisting of six apartment buildings with eight units each; Dedicated leasing office on‑site; 12 covered carports included
More about this property
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