Great Investment Opportunity 8 Apartments in Albany, MO
Great Investment Opportunity 8 Apartments in Albany, MO United Country Nelson Real Estate & Auction Company | (660) 425-2288 | [email protected]
Property Address
Property Highlights • Price: $94,499.00 • Acres: 0.00 • County: Gentry • State: Missouri • Closest City: Albany • Property Type: Commercial
405-407 N. Hundley St. Albany, Missouri 64402
Property Description Property # 62560 Great investment opportunity with eight-apartment occupancy. There are three apartments that have one bedroom and one bath; four apartments that have two bedrooms and one bath; and one studio apartment. Each apartment is equipped with a stove, refrigerator, window a/c and a heat source. Each apartment has its own electric and gas meter and there has been new plumbing re-done throughout the complex with the new pex system. An onsite laundry facility for the apartments consists of two washers and two dryers. Rent the current owner is receiving from all apartments averages $300 a month with some rent being higher for the bigger apartments and lower for the others. It generated approximately $25,000 in revenue for the year 2013. Owner has had each apartment occupied 100% of the time for the last two years (only being vacant for the amount of time it took to clean between each occupant). These apartment complexes (2 structures) are located in a great location off the main road that comes into town and is in close proximity to the high school and the downtown square. There are also two parking lots for ample parking space for the tenants. Give me a call today to look at this great investment opportunity!
United Country Nelson Real Estate & Auction Company [email protected] (660) 425-2288 Toll Free: (888) 518-8705 Bethany, MO 64424 www.NelsonSoldit.com
For more information on this property or to schedule a viewing, contact Wendy Preston at 660-254-4608 or [email protected]
Powered by Lands of America, #1 in Rural Real Estate Online. THIS INFORMATION BELIEVED ACCURATE BUT NOT WARRANTED
Page 1 of 1
Property Address
Property Highlights • Price: $94,499.00 • Acres: 0.00 • County: Gentry • State: Missouri • Closest City: Albany • Property Type: Commercial
405-407 N. Hundley St. Albany, Missouri 64402
Property Description Property # 62560 Great investment opportunity with eight-apartment occupancy. There are three apartments that have one bedroom and one bath; four apartments that have two bedrooms and one bath; and one studio apartment. Each apartment is equipped with a stove, refrigerator, window a/c and a heat source. Each apartment has its own electric and gas meter and there has been new plumbing re-done throughout the complex with the new pex system. An onsite laundry facility for the apartments consists of two washers and two dryers. Rent the current owner is receiving from all apartments averages $300 a month with some rent being higher for the bigger apartments and lower for the others. It generated approximately $25,000 in revenue for the year 2013. Owner has had each apartment occupied 100% of the time for the last two years (only being vacant for the amount of time it took to clean between each occupant). These apartment complexes (2 structures) are located in a great location off the main road that comes into town and is in close proximity to the high school and the downtown square. There are also two parking lots for ample parking space for the tenants. Give me a call today to look at this great investment opportunity!
United Country Nelson Real Estate & Auction Company [email protected] (660) 425-2288 Toll Free: (888) 518-8705 Bethany, MO 64424 www.NelsonSoldit.com
For more information on this property or to schedule a viewing, contact Wendy Preston at 660-254-4608 or [email protected]
Powered by Lands of America, #1 in Rural Real Estate Online. THIS INFORMATION BELIEVED ACCURATE BUT NOT WARRANTED
Page 1 of 1
