$2,660,000
Nixa, MO 65714
MLS# 60272256
Status: Closed
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Property Description
Investment package opportunity in Nixa, MO. 202-208 Fort St. 17 unit apartment complex. Consists of (3) studio apartments, (2) 1 bed, one bath apartments, & (12) 2 bed, 1 bath apartments. Property also has a 2 car detached garage that is currently being used as a maintenance building. 425-427, 439-441, 451-453, 467-469, 000 Magnolia Ln. Set of (3) town-house style duplexes & (1) single story duplex. Also included is a vacant lot neighboring 425-427. The (3) town-house duplexes are 2/1.5/1 on each side & the (1) single story duplex is a 2/1 on each side. Several recent improvements include newer roofs to some of the properties as well as flooring, hvac, windows, paint, appliances, and more on several of the units. This is a great opportunity to acquire a stable investment package at an affordable price. Don't miss out! Seller prefers to sell these properties as part of a package (6 properties total, located here in Nixa) but is open to selling the properties individually at the listed prices. This is a parent listing. Grab this deal before it's too late!!
Details
Maps
Contract Information
Transaction Type: Sale
Lease Monthly: 16125
Sub Lease: No
Parent/Child: Parent
Historical District: No
Foreclosure/Short Sale: No
Property Sub-Type: Apartment Building
Begin Date: 2024-07-02
List Price: $2,660,000
Agreement Type: Exclusive Right To Sell
Location, Tax and Other Information
Inside City Limits: Yes
RE Tax Provided By: Assessor Records
General Property Description
SqFt-Aprx: 3499
Total Room Count Above Grade: 25
SqFt Finsh'd & Unfnsh'd: 3400 - 3599
Total Monthly Rent: 16125
# Efficiency Units: 3
# One Bedroom Units: 2
# Two Bedroom Units: 20
Waterfront/View: None
# Attached Garage Spaces: 6
# Detached Garage Spaces: 2
# Detached Carport Spaces: 0
Lake/River: None
Aprx Year Built: 1972
Aprx Lot Size (Acres): 0.47
Lot Dimensions: Acres
Garage/Carport: 1
Total Garage/Carport Stalls: 8
Elementary School: Nixa
Middle School: Nixa
High School: Nixa
Status Change Info
Price Disclosed: Yes
Status: Closed
Under Contract Date: 2025-04-02
Sold Date: 2025-04-16
How to Show
Call Listing Agent: 1
Efficiency
Efficiency $: Over $200
One Bed Units
One Bed $: Over $350
Construction
Brick: 1
Vinyl Siding: 1
Two Bed Units
Two Bed $: Over $450
Cooling
Ceiling Fans: 1
Central: 1
Appliances
Oven/Range: 1
Refrigerator: 1
Baths
1 Per Unit: 1
1 1/2 Per Unit: 1
Heating
Central: 1
Forced Air: 1
Parking
Two or More: 1
Roofing Material
Asphalt: 1
Possession
At Closing: 1
Will Sell
1031 Exchange: 1
Cash: 1
Conventional: 1
Closing Info
Appraiser Name: No Appraiser
Lender Name: OMB Bank
Buildings
Four or More Buildings: 1
Streets
Asphalt: 1
Water
City Water: 1
Water - Rural: 1
Sewer
City Sewer: 1
Septic - Shared: 1
Flood Insurance
Not Required: 1
Documents Available
Disclosure: 1
Type of Tenancy
Lease: 1
Yearly Net Oper Inc
Over $25,000: 1
Location Tax and Other Information
Street #: 202
Street Direction: South
Street Name/Route: Fort
Suffix: Street
County: Christian
State/Province: MO
Zip Code: 65714
Subdivision: Christian-Not in List
Parcel ID: 100614004002001000
Real Estate Tax: 2435.39
Tax Year: 2023
Legal Description: LOT 8 KELTNER-WALKER & N2 LOT 7
Zoning: Residential
Remarks Misc
Directions: In Nixa from Hwy 14 & 160, (S) on 160 to South St, (E) on South St to Fort St, (N) on Fort St to the apartment complex on the right.
In Nixa from Hwy 160 & CC, (E) on CC to Herndon Rd, (W) on Herndon Rd to Pine St, (S) on Pine St to Magnolia Ln, (W) on Magnolia Ln to duplexes on the right.
Property Features
How to Show: Call Listing Agent
Baths: 1 Per Unit; 1 1/2 Per Unit
Appliances: Oven/Range; Refrigerator
Cooling: Ceiling Fans; Central
Heating: Central; Forced Air
Buildings: Four or More Buildings
Construction: Brick; Vinyl Siding
Roofing Material: Asphalt
Parking: Two or More
Streets: Asphalt
Water: City Water; Water - Rural
Sewer: City Sewer; Septic - Shared
Flood Insurance: Not Required
Documents Available: Disclosure
Type of Tenancy: Lease
Yearly Net Oper Inc: Over $25,000
Possession: At Closing
Will Sell: 1031 Exchange; Cash; Conventional
Listing Office: Murney Associates - Nixa
Last Updated: April - 17 - 2025
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