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


$2,399,900
223 North Cedar Avenue
Republic, MO 65738
MLS# 60120559
Status: Closed



Cedar 1
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Cedar 1 Cedar 2 Cedar 4 Cedar 41 20180527_160721 Cedar 5 Cedar 6 Cedar 7 Cedar 8 Cedar 9 Cedar 10 Cedar 11 Cedar 12 Cedar 13 Cedar 14 Cedar 15 Cedar 16 Cedar 17 Cedar 18 Cedar 19 Cedar 21 Cedar 22 Cedar 24 Cedar 25 Cedar 26 Cedar 27 Cedar 29 Cedar 30 Cedar 31 Cedar 32 Cedar 33 Cedar 34 Cedar 36 Cedar 40

Property 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

Details
Maps
Documents
Contract Information
Transaction Type: Sale
Lease Monthly: 24870
Foreclosure/Short Sale: No
Property Sub-Type: Apartment Building
Begin Date: 2018-10-01
List Price: $2,399,900
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: 39800
SqFt Finsh'd & Unfnsh'd: 5000 or more
Total Monthly Rent: 24870
# One Bedroom Units: 16
# Two Bedroom Units: 8
# Three Bedroom Units: 16
Waterfront/View: None
Lake/River: None
Aprx Year Built: 2006
Number of Units: 40
Aprx Lot Size (Acres): 2.26
Lot Dimensions: Acres
Elementary School: Republic
Middle School: Republic
High School: Republic
Status Change Info
Price Disclosed: Yes
Status: Closed
Under Contract Date: 2018-11-08
Sold Date: 2018-12-31
Views
City: 1
Unit Features
Carpet: 1
Patio/Balcony: 1
Washer/Dryer Hookup: 1
Amenities
Pool: 1
One Bed Units
One Bed $: Over $350
Construction
Vinyl Siding: 1
Two Bed Units
Two Bed $: Over $450
Utilities
Co-Op: 1
Cooling
Ceiling Fans: 1
Central: 1
Three Bedroom Units
Three Bed $: Over $400
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Oven/Range: 1
Refrigerator: 1
Heating
Central: 1
Forced Air: 1
Miscellaneous
Smoke Detector: 1
Sprinklers: 1
Roofing Material
Composition: 1
Possession
Subject to Tenant Rt: 1
Will Sell
Cash: 1
Conventional: 1
Closing Info
Appraiser Name: Steve Jackson
Buildings
Three Buildings: 1
Two Stories: 1
Streets
Asphalt: 1
Water
City Water: 1
Sewer
City Sewer: 1
Flood Insurance
Unknown: 1
Documents Available
Appraisal: 1
Type of Tenancy
Lease: 1
Monthly: 1
Yearly Net Oper Inc
Over $25,000: 1
Deposits
Deposit Required: 1
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
Remarks Misc
Directions: Just north of Hwy 174 on N. Cedar
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

IDX
Listing Office: Debco Realty

Last Updated: January - 10 - 2020

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