SVN is pleased to offer this apartment complex for sale in Springfield, MO. The property consists of two buildings on one parcel with a total of 16 units. It is being offered at $1,900,000.00 or $115.74/SF. The current occupancy is at 81.25%, providing a value-add opportunity with improved leasing. The property is situated at a great Southeast Springfield location just off of James River Freeway and South Glenstone, with many retail and restaurant options nearby.
These apartments are located within one of Springfield's most desirable areas to live. The property's accessibility to retail centers, food services, employment centers, and main thoroughfares is second to none. Notable organizations and landmarks near the property include: Walmart Supercenter, Andy's Frozen Custard, Chick-fil-A, Sequiota Park, Quarry Town, Primrose Marketplace, Target, Mid-Missouri Bank, Battlefield Mall, Galloway Street, Glenstone Avenue, Battlefield Road, and US Highway 60.
Lee McLean III, SIOR, CCIM, serves as a Senior Advisor for SVN Commercial in the Springfield, Missouri metro area. Lee holds the SIOR and CCIM designation, a Broker-Associate real estate license, and ranks in the top 3% of SVN International.