Apartment Buildings /MO /Greene County /Springfield /317 South Ave
Apartment Buildings /MO /Greene County /Springfield /317 South Ave

317 South Ave - Apartments FOR SALE


Springfield, MO 65806- Downtown Springfield | 
$3,500,000 USD
417-882-6222
317 South Ave, Springfield, MO for Sale
$3,500,000 USD
Apartments - FOR SALE
1/28
null | 9% Cap Rate
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317 South Ave
Springfield, MO 65806
Downtown Springfield

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HIGHLIGHTS

  • Long term NNN tenant in building
  • Excellent downtown location
  • High end renovations throughout property

OVERVIEW

This is a NNN Investment property that is 100% leased with tenants with long term leases. The business on the retail floor has 4.5 years remaining on the lease. The condominiums on levels 2 and 3 are leased and lessees pay utilities but those are not considered NNN.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$133 USD /SF

# OF UNITS

12

PRICE/UNIT

$291,667

CAP RATE

9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1889

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,565 SF

ZONING

Commercial

APN/PARCEL ID

13-24-219-021,13-24-219-022,13-24-219-023,13-24-219-024,13-24-219-025,13-24-219-026,13-24-219-027,13-24-219-028,13-24-219-029,13-24-219-030,13-24-219-031

ASK ABOUT THIS PROPERTY

Sondra HagermanMurney Associates RealtorsMore Info
417-882-6222

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Sondra HagermanMurney Associates RealtorsMore Info
417-882-6222

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

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