28 Unit Complex just south of Central Missouri University in Warrensburg Mo! 14 two bedrooms and 14 one bedroom apartments. Many upgrades in the last 5 years including New Roofs, New Asphalt in Parking Areas,Paint, Guttering, Many units have been remodeled and some HVAC has been upgraded as well. Owner/Agent. Over 95% Occupancy rates! These units are in high demand as we are still well below market rates! Assuming a Sales Price of $1,800,000.00 with 100% occupancy and expenses of approximately $43,000.00/year Chatgpt estimates a Cap Rate of 9.5%.
Courtesy of EXP Realty LLC 913-451-6767
/u.realgeeks.media/eliterealty/Street_Sign.jpg)