404 S Franklin St - Apartments FOR SALE


Kirksville, MO 63501
$629,000 USD
660-626-4500
404 S Franklin St, Kirksville, MO for Sale
$629,000 USD
Apartments - FOR SALE
1/40
null | Request Cap Rate

404 S Franklin St
Kirksville, MO 63501


HIGHLIGHTS

  • Great location!
  • Excellent rental history!
  • Many recent improvements!

OVERVIEW

LOCATION, LOCATION, LOCATION! This iconic brick apartment building is just 2 blocks from TSU, ATSU & Downtown Kirksville! Property includes 7 units with excellent rental history and tons of improvements in the last few years! Units include 1 bedroom and 2 bedroom units. Coin-operated laundry is in the building and there is plenty of off-street parking. The 3rd floor in entirely occupied by a 2 bedroom, 2 bath unit that is being leased as an AirBnB with near constant booking, plenty of space for guests to enjoy and incredible views of the campus and downtown area. This is a great opportunity to start your investment or a great addition to an investors portfolio. Call RE/MAX Home Team for full lease info and to schedule any showings. 660-665-8100. Visit VickiBenson.net for more!

FOR SALE DETAILS

PRICE

$629,000 USD

PRICE/SF

$150 USD /SF

# OF UNITS

7

PRICE/UNIT

$89,857

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Franklin Apartment Building

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,128 SF

ZONING

-

APN/PARCEL ID

13-02.0-09-002-44-01.000

ASK ABOUT THIS PROPERTY

Vicki BensonRe/Max Home TeamMore Info
660-626-4500

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

Vicki BensonRe/Max Home TeamMore Info
660-626-4500

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