2605 Village Ln Springfield, MO 65807

Property Details for 2605 Village Ln

Property size

24,723 SF

Property type

Residential income homes

Description

This exceptional investment opportunity presents a 24-unit multifamily portfolio located in Springfield, Missouri, at 2605 W Village Ln, zip code 65807. The portfolio comprises 21 single-family homes and one triplex, totaling 24,723 square feet. Currently boasting 74% occupancy, this Class C property offers significant potential for growth. The asking price is $2,287,500, translating to $92.53 per square foot and $95,312.50 per unit. Built over multiple years, the property is not subject to a ground lease. The diverse mix of housing types within this portfolio provides a resilient rental income stream. Investors will find ample opportunity to increase profitability through strategic renovations and property management enhancements, capitalizing on the thriving Springfield rental market. This is an ideal acquisition for investors seeking to expand their holdings or build a substantial portfolio in a stable and growing market. The property's location in Greene County provides convenient access to local amenities and transportation networks. This is a rare opportunity to acquire a well-positioned, income-generating asset with considerable upside potential. Don't miss this chance to secure a significant stake in the Springfield real estate market.