701 Warren St Charleston, MO 63834

Listing agency Marcus & Millichap - Indianapolis

Listed by Aaron Kuroiwa · License #IN RB17000780

Source Crexi

Added: Apr 11 Updated: Jul 20 at 9:44PM Checked: Jul 21 at 4:16AM

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Investment Insights

Based on property information with market context.

Built in 1970 and gut rehabbed in 2012, this turnkey apartment building offers 50 units with a mix of one-, two-, three-, and four-bedroom floor plans designed to support a range of household needs. Units feature central heating and air, unit W/D hookups, newly installed hard surface flooring, newly installed appliances, and private parking.

The property is presented for sale as a rental-focused asset, and the seller notes value-add opportunities including implementing a RUBS program to recover unit water usage costs from tenants and increasing rents in select units at renewal.

Overall, the building’s combination of rehabbed interiors and resident utilities approach is positioned as an operationally ready multifamily investment.

Key Highlights

• 50‑unit apartment property built in 1970 and gut rehabbed in 2012
• Unit mix includes 1-, 2-, 3-, and 4‑bedroom floor plans
• Spacious interiors average 955 SF and include central heating and air

Property Analytics

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FAQs

What type of property is this?

Apartment building - Turnkey 50-unit apartment property with central heating and air, in-unit W/D hookups, and private parking.

Where is this apartment building located?

The property is located at 701 Warren St Charleston, MO.

What are key features of this property?

This property features: 50‑unit apartment property built in 1970 and gut rehabbed in 2012; Unit mix includes 1-, 2-, 3-, and 4‑bedroom floor plans; Spacious interiors average 955 SF and include central heating and air