1000 N Pine St - Apartments FOR SALE


Rolla, MO 65401
$1,900,000 USD
573-578-4050
1000 N Pine St, Rolla, MO for Sale
$1,900,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

1000 N Pine St
Rolla, MO 65401


OVERVIEW

This 18,386 +/- sq. ft. mixed-use property sits on a corner lot at N. Pine Street and W. 10th Street, offering excellent visibility and accessibility. Located within walking distance of Missouri S&T, this property includes a combination of office space and furnished residential units. The upper level features 16 furnished units with private baths, a shared kitchen, and on-site coin-operated laundry. The main level includes two professional office suites and 8 additional furnished living units. Each unit is furnished with a full-size bed and mattress pad, dresser, desk with chair and lamp, microwave, and a full-size refrigerator/freezer. The community area includes a full kitchen with seating and a comfortable lounge space. Suite A offers approximately 1,200 sq. ft. with a reception area, three offices, a conference room with kitchenette, and a private bath with shower. Suite B provides approximately 2,200 sq. ft. with a reception area, nine offices, a conference room, kitchen area, and two bathrooms. The property also includes asphalt parking with 16 spaces and a side parking garage. Great occupancy and steady income make this an excellent investment opportunity in a desirable Rolla location near downtown and Missouri S&T.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$112 USD /SF

# OF UNITS

26

PRICE/UNIT

$73,077

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

-

APN/PARCEL ID

71-09-1.0-02-004-039-003.000

ASK ABOUT THIS PROPERTY

Michael WoessnerInvestment Realty, IncMore Info
573-578-4050

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Michael WoessnerInvestment Realty, IncMore Info
573-578-4050

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