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128 Park Ln Saint Joseph, MO 64506

For Sale
$1,050,000

Missouri Multifamily Investment Opportunity

Description

Added:
Dec 11, 2024
Days on Market:
365
This exceptional investment opportunity presents a 32-unit apartment complex located at 128-148 Park Lane, St. Joseph, Missouri, 64506. The property, built in 1920, comprises six attractive buildings featuring classic red brick veneer, situated on a substantial 21,648 square foot lot. The complex consists of 16 studio and 16 one-bedroom apartments, spread across two stories. A significant renovation project has already been undertaken by the current owner, encompassing major upgrades to the plumbing and electrical systems in most units. All buildings boast new TPO roofing, and some units feature newly installed windows. Each unit benefits from its own electric meter, ensuring tenants are responsible for their electricity costs. Water is handled differently

Property Features for 128 Park Ln

General Information

Property type
Specialty properties

Building Details

Year Built
1920
Stories
2

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Parklane Apartments Apartment Building

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Saint Joseph
County
Buchanan
State
Missouri
Longitude
-94.8333481
Latitude
39.7775407

FAQs

What type of property is this?
Specialty property - Missouri Multifamily Investment Opportunity
Where is this specialty property located?
The property is located at 128 Park Ln Saint Joseph, MO.
What is the asking price?
The asking price for this property is $1,050,000.
More about this property
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