1009 Stephens Street, Ava, MO 65608 (MLS# 60121410)

$790,000

1009 Stephens Street
Ava, MO 65608
MLS# 60121410
Status: Closed

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Property Description
Senior Housing Apartment Complex with 24 units for sale. All units are ground level entry with 1 bedroom, 1 full bathroom including walk-in showers with appliances provided. Common areas outdoor and indoor with laundry area also. Apartments have been updated with kitchen cabinets, flooring, appliances and bathroom vanities. GREAT INVESTMENT OPPORTUNITY with cap rate of 11% reflected on current appraisal with a 95% occupancy rate.

Details

Maps

Contract Information

Transaction Type: Sale

Parent/Child: None

Foreclosure/Short Sale: No

Property Sub-Type: Apartment Building

Begin Date: 2018-10-09

List Price: $790,000

Agreement Type: Exclusive Right To Sell

Location, Tax and Other Information

Inside City Limits: Yes

General Property Description

SqFt Finsh'd & Unfnsh'd: 5000 or more

Total Monthly Rent: 13464

# One Bedroom Units: 24

Waterfront/View: None

Lake/River: None

Aprx Year Built: 1980

Number of Units: 24

Aprx Lot Size (Acres): 1.7

Lot Dimensions: Acres

Elementary School: Ava

Middle School: Ava

High School: Ava

How to Show

Call Listing Agent: 1

Unit Features

All Units: 1

Carpet: 1

Handicap Accessible: 1

Patio/Balcony: 1

Amenities

Central Laundry: 1

One Bed Units

One Bed $: Over $350

Construction

Brick: 1

Vinyl Siding: 1

Utilities

City: 1

Electricity: 1

Master Meter: 1

Separate Meters: 1

Sewer: 1

Trash: 1

Water: 1

Cooling

Central: 1

Appliances

Disposal: 1

Oven/Range: 1

Refrigerator: 1

Baths

1 Per Unit: 1

Heating

Central: 1

Forced Air: 1

Miscellaneous

Resident Manager: 1

Smoke Detector: 1

Parking

Paved Area: 1

Roofing Material

Composition: 1

Possession

At Closing: 1

Will Sell

1031 Exchange: 1

Cash: 1

Conventional: 1

Buildings

Two Buildings: 1

Streets

Asphalt: 1

Water

City Water: 1

Sewer

City Sewer: 1

Flood Insurance

Not Required: 1

Documents Available

Appraisal: 1

Financial Records: 1

Fixtures List: 1

Type of Tenancy

Lease: 1

Location Tax and Other Information

Street #: 1009

Street Name/Route: Stephens

Suffix: Street

County: Douglas

State/Province: MO

Zip Code: 65608

Subdivision: Douglas-Not in List

Parcel ID: 11-0.1-11-001-020-001.000

Cross Street: SHELTON

Real Estate Tax: 4502

Tax Year: 2017

Legal Description: Deed to Govern

Zoning: Multi Family

Section: 11

Township: 26

Remarks Misc

Directions: Located on the corner or Shelton and Stephens.

Status Change Info

Status: Closed

Under Contract Date: 2018-10-26

Sold Date: 2019-07-26

Property Features

How to Show: Call Listing Agent

Unit Features: All Units; Carpet; Handicap Accessible; Patio/Balcony

Amenities: Central Laundry

Baths: 1 Per Unit

Appliances: Disposal; Oven/Range; Refrigerator

Cooling: Central

Heating: Central; Forced Air

Buildings: Two Buildings

Construction: Brick; Vinyl Siding

Roofing Material: Composition

Parking: Paved Area

Streets: Asphalt

Miscellaneous: Resident Manager; Smoke Detector

Water: City Water

Sewer: City Sewer

Utilities: Electricity; Master Meter; Separate Meters; Sewer; Trash; Water

Flood Insurance: Not Required

Documents Available: Appraisal; Financial Records; Fixtures List

Type of Tenancy: Lease

Possession: At Closing

Will Sell: 1031 Exchange; Cash; Conventional

Listing Office: RE/MAX Farm and Home

Last Updated: December - 17 - 2019

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