13600 Quince Road, Neosho, MO 64850 (MLS# 60090242)

13600 Quince Road, Neosho, MO 64850

$1,800,000
Property Type: MultiFamily Lot Size (sq. ft.): 789,743 Status: Closed
Current Price: $1,800,000 List Date: 2/26/2018 Last Modified: 12/17/2019

Overview

Description

Excellent investment opportunity with a total of 66 units and possibility of up to 26 more unit expansion. Has a large park in the middle for children to play and a community storm shelter for emergencies. Very low vacancy rates and generates just shy of 35k a month in rental income. Detailed records available are to qualified purchasers. This has city utilities along with natural gas. Tremendous return on the money!!!

Listing Details MLS# 60090242

Contract Information

Property Sub-Type
Mobile Home Park
Begin Date
2017-09-15
Transaction Type
Sale
Foreclosure/Short Sale
No
Agreement Type
Exclusive Right To Sell

Location Tax and Other Information

Street #
13600
Street Name/Route
Quince
Suffix
Road
County
Newton
State/Province
MO
Zip Code
64850
Subdivision
N/A
Parcel ID
21-4.0-17-000-000-009.001
Real Estate Tax
10140.66
Tax Year
2016
Zoning
N/A

General Property Description

SqFt Finsh'd & Unfnsh'd
5000 or more
Aprx Year Built
1980
Total Monthly Rent
34935
Number of Units
66
Aprx Lot Size (Acres)
18.13
Lot Dimensions
Acres
Elementary School
Goodman
Middle School
Neosho
High School
Neosho
Waterfront/View
None
Lake/River
None

Remarks Misc

Directions
Business 49/Hwy 59 south to Quince road, right to property on right

Status Change Info

Under Contract Date
2018-04-03
Sold Date
2018-06-29
Price Disclosed
Yes

Location, Tax and Other Information

Inside City Limits
No
RE Tax Provided By
Assessor Records

More Information

Amenities

Playground
Yes

Construction

Other - See Remarks
Yes

Utilities

City
Yes
Gas
Yes
High Speed Internet Access
Yes
Tenant Pays
Yes
Trash
Yes
Water
Yes

Cooling

Ceiling Fans
Yes
Central
Yes

Appliances

Dishwasher
Yes
Oven/Range
Yes
Refrigerator
Yes

Heating

Forced Air
Yes

Miscellaneous

Resident Manager
Yes

Parking

Two or More
Yes

Possession

At Closing
Yes

Will Sell

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Buildings

Four or More Buildings
Yes

Streets

Private Road
Yes

Water

City Water
Yes

Sewer

City Sewer
Yes

Flood Insurance

Not Required
Yes

Documents Available

Fixtures List
Yes
Inventory List
Yes

Type of Tenancy

Lease
Yes

Yearly Net Oper Inc

Over $25,000
Yes

Deposits

Deposit Required
Yes

Property Features

Amenities: Playground Appliances: Dishwasher; Oven/Range; Refrigerator Cooling: Ceiling Fans; Central Heating: Forced Air Buildings: Four or More Buildings Construction: Other - See Remarks Parking: Two or More Streets: Private Road Miscellaneous: Resident Manager Water: City Water Sewer: City Sewer Utilities: Gas; High Speed Internet Access; Tenant Pays; Trash; Water Flood Insurance: Not Required Documents Available: Fixtures List; Inventory List Type of Tenancy: Lease Yearly Net Oper Inc: Over $25,000 Possession: At Closing Will Sell: 1031 Exchange; Cash; Conventional Deposits: Deposit Required
IDX
Listing Office: SWMO Homes
Last Updated: December - 17 - 2019
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