210 Beau Maye Ave Elsberry, MO 63343
- Multifamily properties
- 0.41 lot acres
Current Use by Public Records
- Multifamily properties
Property Details for 210 Beau Maye Ave
- Year built
- 1970
- Lot size
- 0.41 lot acres
- Property type
- Multifamily properties
Description
This exceptional investment opportunity presents a six-unit multi-family property located at 210 Beau Maye Avenue, Elsberry, Missouri. The complex comprises three duplex buildings situated on a 0.41-acre lot. The property boasts a total of six units, offering a mix of spacious living arrangements. Two units feature three bedrooms and one bathroom, while the remaining four units provide two bedrooms and one bathroom each. Currently operating at 100% occupancy with yearly leases in place, the property generates a substantial annual rental income of $67,800. Tenants are responsible for all utilities and trash removal, minimizing landlord expenses. The property's strong financial performance is further highlighted by its impressive 11.67% capitalization rate. One building features a brand-new roof installed this year, ensuring long-term structural integrity. All units are well-maintained and in excellent condition, ready for immediate occupancy. This turnkey investment is ideal for portfolio expansion, offering a stable income stream and significant potential for future growth. The property's prime location in Elsberry, Missouri, provides easy access to local amenities and services. This is a rare opportunity to acquire a high-performing multi-family asset with a proven track record of success. Do not disturb tenants. The asking price is $550,000.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Elsberry
- County
- Lincoln
- State
- Missouri
- Longitude
- -90.79723
- Latitude
- 39.16458