2301 S Riverside Rd - Apartments FOR SALE


Saint Joseph, MO 64507
$4,200,000 USD
816-232-2000
2301 S Riverside Rd, Saint Joseph, MO for Sale
$4,200,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

2301 S Riverside Rd
Saint Joseph, MO 64507


OVERVIEW

Prime investment opportunity featuring six apartment buildings, each consisting of eight units for a total of forty-eight units, along with a dedicated leasing office and twelve covered carports. All units are in good condition, with thirty-eight units noted as renovated. The property provides excellent access to U.S. Highway 36 and is well-positioned for continued strong occupancy and operational performance. This listing includes a portion of 2215 South Riverside Road. A portion of the 2215 South Riverside Road property located to the north, comprising approximately of one (1) acre and includes the house and three outbuildings will be subdivided and excluded from the sale.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$167 USD /SF

# OF UNITS

48

PRICE/UNIT

$87,500

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

2001

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.94 AC

LAND SF

302,306 SF

ZONING

RP-3

APN/PARCEL ID

07-4.0-19-002-000-007.000

ASK ABOUT THIS PROPERTY

Adam SteinBHHS Stein & Summers Real EstateMore Info
816-232-2000

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Adam SteinBHHS Stein & Summers Real EstateMore Info
816-232-2000

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