Details for Listing #24013792

$1,235,000
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Listing ID: 24013792
Status: Active
Type: Commercial Sale
Square Foot: 5356
Lot Size/Acres: 1.04
County: Pulaski
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Property Details

INVESTMENT HIGHLIGHTS • Value Added with an extra building lot that goes with the sale. • Consistently 90+% occupied. • Currently under professional management • Great parking for each tenant • Direct proximity to Fort Leonard Wood Military Base, Waynesville Middle School and High School, Theatre, Grocery Shopping, and numerous eateries • PRO FORMA ~7% Cap Rate with great cash flow EXECUTIVE SUMMARY Broadway Apartments offers 13 rentable units with nine - 3 Bedroom and 2 Bath units and a mix of 2 Bedroom and 1 Bedroom units in the remaining 4. This great investment opportunity stays above 90% rented because of its great position between the Front and West gates of Fort Leonard Wood Military Base and the local school system. All units are spacious, well maintained, and under professional management. With easy access to I-44 that provides a short 1 and ½ drive to Springfield and 2 and ½ hours to St Louis.


Year Built / Age: 1967
Listing Status: Active
Subdivision: None

Listed by: Jade Realty

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