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52-Unit Apartment Complex
New
For Sale
$3,600,000

5264 Old State Route 21, Imperial, MO 63052

Four residential buildings include an on-site laundry facility and multiple large storage areas.

Property Size20,988 SF
Lot Size6.25 Acres
Price / SF$171.53
Days on Market5

Property Features for 5264 Old State Route 21

General Information

Standard status Active
Size 20,988 SF
Lot size 6.25 Acres
Property subtype Residential Income
Occupancy 90%

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 24 x Two Bedroom Units, 28 x One Bedroom Units
Multifamily Units 52

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $17,241

Amenities

On-Site Laundry facility
Multiple Large Storage Areas
Balcony
Storage

Building Details

Building Size 20,988 SF
Year Built 1974
Buildings 4
Stories 2
Listing Agency: Flowers Home Realty
Listed By: Marletta Flowers · License #2006018112
Source: Flowershomerealty
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 3:19PM

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 Flowers Home Realty

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Investment Insights

Based on property information with market context.

The 52-unit apartment property consists of four buildings totaling 20,988 square feet. The unit mix includes 28 one-bedroom apartments and 24 two-bedroom apartments, with an overall occupancy rate of 90%. On-site amenities include a laundry facility and several large storage areas. The complex was built in 1974 and occupies 6.25 acres.

The property has 741 feet of frontage along Old State Route 21, with highway access to Highway M and Highway 21.

Key Highlights

  • 52 apartments across 4 buildings: 28 one‑bedroom units and 24 two‑bedroom units
  • 90% occupancy rate
  • 20,988 square feet on 6.25 acres

Property Analytics

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Lease Details

52
Residential units
90%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby

Demographics for 63052, MO

28,925
Population
10,823
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
95%
High-School Grad
33.1 sq mi
ZIP Area
874
Density / Sq Mi
$95,891
Median Household Income
$49,023
Median Earnings
$965
Median Rent
$259,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four residential buildings include an on-site laundry facility and multiple large storage areas.
Where is this apartment building located?
The property is located at 5264 Old State Route 21 Imperial, MO.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 52 apartments across 4 buildings: 28 one‑bedroom units and 24 two‑bedroom units; 90% occupancy rate; 20,988 square feet on 6.25 acres
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