223 North Cedar Avenue, Republic, MO 65738 (MLS# 60120559)

223 North Cedar Avenue, Republic, MO 65738

$2,399,900

Property Type: MultiFamily Lot Size (sq. ft.): 98,446 Status: Closed

Current Price: $2,399,900 List Date: 10/02/2018 Last Modified: 1/10/2020

Overview

Description

Great opportunity to buy 40 existing units in fast growing Republic, Mo. Pool. 1, 2, and 3 br's. Great floor plans: lower units are no steps into the buildings, upper units have vaulted ceilings. Adequate parking, cable and internet are provided and the tenants are billed back for water and sewer. all electric units, building is sprinkled. Easy to show a vacant unit call l/a If interested an additional 17 1/2 acres is listed for sale to the North of these units with existing plans for 144 units. MLS#60120493

Listing Details MLS# 60120559

Contract Information

Property Sub-Type: Apartment Building
Begin Date: 2018-10-01
Transaction Type: Sale
Lease Monthly: 24870
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell

Location Tax and Other Information

Street #: 223
Street Direction: North
Street Name/Route: Cedar
Suffix: Avenue
County: Greene
State/Province: MO
Zip Code: 65738
Subdivision: West Brook Centre
Parcel ID: 881710201028/,029,/030
Cross Street: Hwy 174
Real Estate Tax: 21657
Tax Year: 2017
Legal Description: Lot 5, Lot 6, Lot 7 West Brook Centre
Zoning: multi family

General Property Description

SqFt-Aprx: 39800
SqFt Finsh'd & Unfnsh'd: 5000 or more
Aprx Year Built: 2006
Total Monthly Rent: 24870
Number of Units: 40
# One Bedroom Units: 16
# Two Bedroom Units: 8
# Three Bedroom Units: 16
Aprx Lot Size (Acres): 2.26
Lot Dimensions: Acres
Elementary School: Republic
Middle School: Republic
High School: Republic
Waterfront/View: None
Lake/River: None

Remarks Misc

Directions: Just north of Hwy 174 on N. Cedar

Status Change Info

Under Contract Date: 2018-11-08
Sold Date: 2018-12-31
Price Disclosed: Yes

One Bed Units

One Bed $: Over $350

More Information

Two Bed Units

Two Bed $: Over $450

Three Bedroom Units

Three Bed $: Over $400

Closing Info

Appraiser Name: Steve Jackson

Location, Tax and Other Information

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

Views

City: Yes

Unit Features

Carpet: Yes
Patio/Balcony: Yes
Washer/Dryer Hookup: Yes

Amenities

Pool: Yes

Construction

Vinyl Siding: Yes

Utilities

Co-Op: Yes

Cooling

Ceiling Fans: Yes
Central: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Oven/Range: Yes
Refrigerator: Yes

Heating

Central: Yes
Forced Air: Yes

Miscellaneous

Smoke Detector: Yes
Sprinklers: Yes

Roofing Material

Composition: Yes

Possession

Subject to Tenant Rt: Yes

Will Sell

Cash: Yes
Conventional: Yes

Buildings

Three Buildings: Yes
Two Stories: Yes

Streets

Asphalt: Yes

Water

City Water: Yes

Sewer

City Sewer: Yes

Flood Insurance

Unknown: Yes

Documents Available

Appraisal: Yes

Type of Tenancy

Lease: Yes
Monthly: Yes

Yearly Net Oper Inc

Over $25,000: Yes

Deposits

Deposit Required: Yes

Property Features

Unit Features: Carpet; Patio/Balcony; Washer/Dryer Hookup Amenities: Pool Appliances: Dishwasher; Disposal; Microwave; Oven/Range; Refrigerator Cooling: Ceiling Fans; Central Heating: Central; Forced Air Buildings: Three Buildings; Two Stories Construction: Vinyl Siding Roofing Material: Composition Streets: Asphalt Miscellaneous: Smoke Detector; Sprinklers Water: City Water Sewer: City Sewer Utilities: Co-Op Flood Insurance: Unknown Documents Available: Appraisal Type of Tenancy: Lease; Monthly Yearly Net Oper Inc: Over $25,000 Possession: Subject to Tenant Rt Will Sell: Cash; Conventional Deposits: Deposit Required

Documents

1 Bedroom Floorplan ›

2 Bedroom Floorplan ›

3 Bedroom Floorplan ›

Listing Office: Debco Realty

Last Updated: January - 10 - 2020

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