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    Multifamily properties

    210 Beau Maye Ave, Elsberry, MO 63343

    0.41 ac lot Built 1970
    Property ID
    US48-1240030
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Multifamily properties
    Year built 1970
    Lot 0.41 ac (17,860 SF)
    UPID US48-1240030
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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