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    FOR SALE
    Apartment buildings

    2206 E Macs Ct, Springfield, MO 65804

    Property ID
    US48-3306768
    Property summary
    AI-generated overview

    SVN is pleased to offer this, now fully occupied, apartment complex for sale in Springfield, MO. The property consists of two buildings on one parcel with a total of 16 units. It is being offered at $1,900,00.00 or $115.74/SF. Previous occupancy had run in the 80% range, providing a value add opportunity with continued improved leasing. The property is situated at a great Southeast Springfield location just off of James River Freeway and South Glenstone with many retail and restaurant options nearby. These apartments are located within one of Springfield's most desirable areas to live. The property's accessibility to retail centers, food services, employment centers, and main thoroughfares is second to none. Notable organizations and landmarks near the property include: Walmart Supercenter, Andy's Frozen Custard, Chik-fil-A, Sequiota Park, Quarry Town, Primrose Marketplace, Target, Mid-Missouri Bank, Battlefield Mall, Galloway St, Glenstone Ave, Battlefield Rd, US Highway 60. SALE PRICE: $1,900,000.00 BUILDING SIZE: 16,416 SF LOT SIZE: 0.817 Acres PRICE / SF: $115.74 # UNITS: 16 PRICE / UNIT: $118,750.00 LAYOUT: 2 Bed, 1.5 Bath OCCUPANCY: 100% (as of 3/1) CAP RATE: Contact Agent

    Property profile
    Verified
    Property type Apartment buildings
    UPID US48-3306768
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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