16-Unit Apartment
For Sale
Contact for pricing
303 W Olive, Mount Vernon, MO 65712
Low-rise 16-unit apartment building with eight 1-bedroom and eight 2-bedroom units, each individually metered.
Property SizeContact for details
Days on Market124
Property Features for 303 W Olive
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
SVN | Rankin Company, LLC
(417) 818-8894
Listed By:
Lee Mclean III, SIOR, CCIM · License #MO 2002005214
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 6:32PM
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 SVN | Rankin Company, LLC
Investment Insights
Based on property information with market context.
This low-rise apartment building offers 16 units in total, including eight 1-bedroom apartments and eight 2-bedroom apartments. The property features maintenance-free exterior elements and has each unit individually metered.
The asset is located at 303 W Olive in Mount Vernon, Missouri, between Springfield and Joplin.
The current unit mix is evenly split between 1-bedroom and 2-bedroom apartments, providing a straightforward configuration for residential income buyers.
The asset is located at 303 W Olive in Mount Vernon, Missouri, between Springfield and Joplin.
The current unit mix is evenly split between 1-bedroom and 2-bedroom apartments, providing a straightforward configuration for residential income buyers.
Key Highlights
- 16‑unit low‑rise apartment building for sale in Mt. Vernon, MO
- Unit mix: eight 1‑bedroom and eight 2‑bedroom apartments
- Potential gross rent of $88,800 per year
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
Demographics for 65712, MO
8,464
Population
3,555
Households
2.4
Avg Household Size
41
Median Age
21%
College-Educated
89%
High-School Grad
120.4 sq mi
ZIP Area
70
Density / Sq Mi
$61,832
Median Household Income
$39,066
Median Earnings
$687
Median Rent
$208,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Low-rise 16-unit apartment building with eight 1-bedroom and eight 2-bedroom units, each individually metered.
Where is this apartment building located?
The property is located at 303 W Olive Mount Vernon, MO.
What are key features of this property?
This property features: 16‑unit low‑rise apartment building for sale in Mt. Vernon, MO; Unit mix: eight 1‑bedroom and eight 2‑bedroom apartments; Potential gross rent of $88,800 per year
