114 Locust St Sweet Springs, MO 65351
For Sale
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This exceptional investment opportunity presents a newly constructed, five-unit apartment building in Sweet Springs, Missouri. Built in 2023, the property boasts a low-maintenance brick exterior, ensuring long-term durability and curb appeal. The single-story building sits on a 12,632 square foot lot (APN: 020026-101102-009-001000) and is zoned RES. Each of the five units offers two spacious bedrooms and one modern bathroom, complete with convenient washer and dryer hookups. Kitchens feature sleek stainless steel appliances. All units are currently occupied and generating rental income, making this a truly turnkey investment. The property's strategic location offers easy access to I-70, enhancing its appeal to tenants and investors alike. This represents a rare chance to acquire a well-maintained, cash-flowing multifamily property in a desirable Missouri community. The asking price is $790,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.