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100 Dublin Ln
Festus, MO 63028
| Beds: | -- |
|---|---|
| Baths: | -- |
| Sqft: | 875 |
| Lot: | 149,846 sq ft / 3.44 acres |
| Type: | Multi Family |
| Year built: | 2012 |
| Parking: | -- |
| Cooling: | -- |
| Heating: | -- |
| Fireplace: | -- |
| On Zillow: | 154 days |
| MLS #: | 11058965 |
| Listing website: | Coldwell Banker Gund... |
Here is your chance at a great opportunity to acquire 56 very well maintained apartments in 12 buildings on 3.44 acres. Great cash flow and low expenses. 52 of 56 updated. $400,000. of Capital Improvements since 2007. High occupancy rate. Seller has increased income by 25% since 2007 and there is still room to increase. All units are 2 bedroom, 4 are townhouses with 1 and 1/2 bath. Rents range from $515. to $620. Updates since 2007 include 5 new roofs, resurfaced parking lot, landscaping, all decks rebuilt, about half of units new heating and cooling system. Some new kitchen cabinets, white 6 panel doors, trim, lighting, most new carpet and ceramic tile and many new appliances. Hundreds of window glass replaced from broken seals. All but 8 units have washer/dryer hookups in units. Seller is a Real Estate Agent.…More Less
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