1 Proactive Dr - Hospitality FOR SALE


New Florence, MO 63363
$2,700,000 USD
618-567-8346
1 Proactive Dr, New Florence, MO for Sale
$2,700,000 USD
Hospitality - FOR SALE
1/14
null | 10.08% Cap Rate

1 Proactive Dr
New Florence, MO 63363


HIGHLIGHTS

  • 36 Turn Key Fully Furnished Units
  • Right off I-70
  • Attached Commercial Unit
  • Immediate Rental Upside
  • Major Infrastructure Improvements in Surrounding Counties

OVERVIEW

Salient Realty Group is pleased to present a rare and high- performing investment opportunity, 1 Proactive Drive is a fully remodeled 36-unit complex that seamlessly blends residential income with commercial stability. Spanning approximately 14,000 square feet on a nearly 3-acre lot, the property has undergone extensive capital improvements, including a brand-new roof, updated siding, and modernized electrical and plumbing systems. A standout feature is the newly installed solar system, which significantly offsets operational costs. The complex currently comprises 35 residential units—primarily furnished, independent living spaces with individual HVAC controls—and one established commercial suite currently leased to a professional medical tenant. This turn-key asset is designed for maximum efficiency and consistent cash flow, boasting a history of high occupancy and low vacancy rates. The property’s flexible "independent living" model appeals to a wide demographic, including seniors, traveling professionals, and local workforce members seeking all-inclusive, move-in-ready housing. With all-inclusive rent structures and a strategic location just off Interstate 70, the facility is perfectly positioned to capture the growing housing demand in Montgomery County.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$113 USD /SF

# OF ROOMS

36

PRICE/ROOM

$75,000 {currency}

CAP RATE

10.08%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grandview Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1978

PARKING SPACES

52

LAND DETAILS

LAND ACRES

2.93 AC

LAND SF

127,631 SF

ZONING

C

APN/PARCEL ID

11-8.0-27-000-000-016.001

ASK ABOUT THIS PROPERTY

James AndersonSalient Realty Group LLCMore Info
618-567-8346

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James AndersonSalient Realty Group LLCMore Info
618-567-8346

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.