2646 County Road 382 - Apartments FOR SALE


Dora, MO 65637
$665,000 USD
314-802-9405
2646 County Road 382, Dora, MO for Sale
$665,000 USD
Apartments - FOR SALE
1/29
null | 11.23% Cap Rate

2646 County Road 382
Dora, MO 65637


HIGHLIGHTS

  • Consistent Cash Flow from fully leased units
  • Unlock stable, cash-flowing returns with this turnkey 8-home single family rental portfolio in scenic Dora, Missouri.
  • Built 2008/2009 and fully occupied, this 8 home portfolio sits on a spacious 9.66-acre site and offers immediate income with minimal management

OVERVIEW

Discover a rare opportunity to acquire a fully leased, low-maintenance single family rental portfolio in scenic Dora, Missouri. This turnkey investment includes eight detached homes, each built in 2008–2009 and offering spacious 2-bedroom, 1-bath layouts across a generous 9.66-acre site. The portfolio is 100% occupied and delivers immediate cash flow with operational simplicity. Each home features 1,200 square feet of single-story living space, individual electric utilities, and modern finishes. Recent capital improvements completed in 2023–2024 include new roofs, gutters, vinyl plank flooring, updated appliances in select homes, and deck repairs—enhancing both curb appeal and long-term durability. With market rents averaging $975 per unit and strong tenant demand, the property offers a steady income stream in a peaceful, rural setting. The large site, currently developed at just 1.2 units per acre, may offer expansion potential for additional units or future value-add initiatives, subject to local approvals. Investment Highlights: Fully stabilized portfolio with consistent in-place cash flow 2023–2024 upgrades: new roofs, gutters, flooring, appliances, and decks Concrete slab construction and low-maintenance vinyl exteriors Quiet 9.66-acre setting with ample parking and proximity to Dora schools Individually metered electric; water, sewer, and trash included in rent Professionally managed with on-site maintenance support Offered free and clear of debt, this is an ideal fit for investors seeking dependable income, value preservation, and long-term upside in a manageable, rural Missouri asset.

FOR SALE DETAILS

PRICE

$665,000 USD

PRICE/SF

$69 USD /SF

# OF UNITS

8

PRICE/UNIT

$83,125

CAP RATE

11.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dora MO 8 SFR

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.66 AC

LAND SF

420,790 SF

ZONING

-

APN/PARCEL ID

01-0.2-04-000-000-001.001

ASK ABOUT THIS PROPERTY

Matthew StephensCushman & WakefieldMore Info
314-802-9405

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Matthew StephensCushman & WakefieldMore Info
314-802-9405

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