505 Oak St Poplar Bluff, MO 63901

Listing agency BAC Properties LLC

Listed by Alanna Caldarella · License #2023010106

Source Crexi

Added: Apr 11 Updated: Jul 22 at 3:22PM Checked: Jul 22 at 3:22PM

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Investment Insights

Based on property information with market context.

The property offers 18 apartment units, each configured as two bedrooms and one bathroom. Units include washer and dryer hookups and appliances, and the building is set up with interior corridor access. The seller reports a partial renovation completed in 2021, with consistent rental history since then. The property is being sold as-is.

All units are metered separately, and tenants pay their own electric. The landlord pays for water and trash.

According to the provided remarks, current management is willing to stay in place through the ownership transition if desired. The seller also notes NOI of $39,992 for May–December 2022, with an estimate of $59,000 annually if rents remained the same.

Key Highlights

• 18‑unit multifamily with all units featuring 2 bedrooms and 1 bath
• All units have washer/dryer hook‑ups and include appliances
• Interior corridor unit layout

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FAQs

What type of property is this?

Apartment building - 18 two-bedroom, one-bath units with washer/dryer hookups and separate electric metering; water and trash are paid by the landlord.

Where is this apartment building located?

The property is located at 505 Oak St Poplar Bluff, MO.

What are key features of this property?

This property features: 18‑unit multifamily with all units featuring 2 bedrooms and 1 bath; All units have washer/dryer hook‑ups and include appliances; Interior corridor unit layout