241 Business Warrensburg, MO 64093
28 Units, High ROI, Value-Add Opportunity
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 362
Property Features for 241 Business
General Information
- Property type
- Multifamily properties
- Class
- C
- Lot Size
- 65,340 SF
Building Details
- Year Built/Renovated
- 1980/2021
- Buildings
- 7
- Stories
- 2
- Units
- 28
HighLights
- $1,695,000 asking price for a stabilized, value‑add multifamily investment property.
- 28‑unit apartment building with a 10.32% cap rate and $175,000 NOI.
- 95% occupancy rate, featuring 14 two‑bedroom and 14 one‑bedroom units.
- Located in Warrensburg, MO, near Central Missouri University, on a 1.5‑acre lot.
- Built in 1980, renovated in 2021, with 7 buildings, each 2 stories, and 28 parking spaces.
- Ground lease in place; For sale by owner.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Map
- City
- Warrensburg
- County
- Johnson
- State
- Missouri
- Longitude
- -93.732144
- Latitude
- 38.7242831
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - 28 Units, High ROI, Value-Add Opportunity
Where is this multifamily property located?
The property is located at 241 Business Warrensburg, MO.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: $1,695,000 asking price for a stabilized, value-add multifamily investment property.; 28-unit apartment building with a 10.32% cap rate and $175,000 NOI.; 95% occupancy rate, featuring 14 two-bedroom and 14 one-bedroom units.
