1231 North Texas Avenue, Springfield, MO 65802 (MLS# 11405909)

1231 North Texas Avenue, Springfield, MO 65802

$3,750,000

Property Type: MultiFamily Lot Size (sq. ft.): 331,492 Status: Closed

Current Price: $3,750,000 List Date: 9/09/2014 Last Modified: 9/17/2021

Overview

Description

JUST REDUCED $900+K. PPN is a 7.61 acre complex 3 blocks from Drury College. It is 125 units consisting of: 96 garden apartments @815 SF; 5 deluxe apartments @890 SF; 24 townhouses @934 SF. There is 113,252 SF of livable space and a pool. All units are 2 bed/ 1.5 baths. There are 11 buildings which were built in 1986. Price is based on $30,000/unit or $33.11/SF. Owner pays water, sewer, and trash. Each unit has a washer/dryer hookup plus there is a common laundry.

Listing Details MLS# 11405909

Contract Information

Property Sub-Type: Apartment Building
Begin Date: 2014-04-22
Transaction Type: Sale
Historical District: No
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell

Location Tax and Other Information

Street #: 1231
Street Direction: North
Street Name/Route: Texas
Suffix: Avenue
County: Greene
State/Province: MO
Zip Code: 65802
Subdivision: Fairbanks
Parcel ID: 881313113013
Real Estate Tax: 29712
Tax Year: 2013
Zoning: mf

General Property Description

SqFt-Aprx: 113252
SqFt Finsh'd & Unfnsh'd: 2400 - 2599
Aprx Year Built: 1986
Number of Units: 125
Aprx Lot Size (Acres): 7.61
Lot Dimensions: Acres
Elementary School: SGF-Boyd
Middle School: SGF-Pipkin
High School: SGF-Central
Waterfront/View: None
Lake/River: None
View: No

Remarks Misc

Directions: National to Division. West to Texas. South to complex.

Status Change Info

Under Contract Date: 2014-09-26
Sold Date: 2014-11-07

Two Bed Units

Two Bed $: Over $450
Two Bed SqFt: 751 - 1,000 SqFt

More Information

Closing Info

Appraiser Name: National Valuation
Lender Name: Metropolitan Bank

Location, Tax and Other Information

Inside City Limits: Yes
RE Tax Provided By: Assessor Records

Unit Features

Carpet: Yes

Construction

Brick: Yes
Vinyl Siding: Yes

Utilities

City: Yes
Electricity: Yes
Master Meter: Yes
Separate Meters: Yes
Sewer: Yes
Tenant Pays: Yes
Tenant Pays Part: Yes
Trash: Yes
Water: Yes

Cooling

Central: Yes

Miscellaneous

Smoke Detector: Yes

Parking

Paved Area: Yes

Roofing Material

Composition: Yes

Possession

Subject to Tenant Rt: Yes

Will Sell

Cash: Yes
Conventional: Yes

Buildings

Four or More Buildings: Yes

Water

City Water: Yes

Sewer

City Sewer: Yes

Flood Insurance

Unknown: Yes

Type of Tenancy

Lease: Yes

Deposits

Deposit Required: Yes

Property Features

Unit Features: Carpet Cooling: Central Buildings: Four or More Buildings Construction: Brick; Vinyl Siding Roofing Material: Composition Parking: Paved Area Miscellaneous: Smoke Detector Water: City Water Sewer: City Sewer Utilities: Electricity; Master Meter; Separate Meters; Sewer; Tenant Pays; Tenant Pays Part; Trash; Water Flood Insurance: Unknown Type of Tenancy: Lease Possession: Subject to Tenant Rt Will Sell: Cash; Conventional Deposits: Deposit Required

Listing Office: Murney Associates - Primrose

Last Updated: September - 17 - 2021

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