415 Public Ave - Multi-Family FOR SALE


Clever, MO 65631
$9,934,029 USD
417-893-0670
415 Public Ave, Clever, MO for Sale
$9,934,029 USD
Multi-Family - FOR SALE
1/10
null | Request Cap Rate

415 Public Ave
Clever, MO 65631


HIGHLIGHTS

  • Newly constructed 63-unit townhome community completed in 2024
  • Spacious units ranging from approximately 1,200 to 1,500 square feet
  • Modern layouts and contemporary finishes
  • Low-maintenance, newer-build investment with limited near-term capital needs
  • Located in the growing Clever/Springfield, Missouri market
  • Broad renter appeal supporting long-term occupancy and demand

OVERVIEW

This exceptional multifamily investment opportunity consists of a newly constructed 63-unit townhome community in Clever, Missouri, completed in 2024 and positioned to capitalize on the area's growing demand for high-quality rental housing. Offering modern design, low-maintenance construction, and strong long-term rental appeal, the property presents investors with a rare opportunity to acquire a stabilized, newer-build asset in a growing market. The community features spacious townhome units ranging from approximately 1,200 to 1,500 square feet, providing residents with the comfort and functionality of single-family living in a professionally managed rental environment. Each unit was designed with contemporary finishes, efficient layouts, and modern amenities that appeal to a broad tenant base, including families, professionals, and downsizing households seeking quality housing options. Conveniently located within the Springfield metropolitan area, the property offers residents easy access to employment centers, retail destinations, dining, schools, and major transportation corridors. With virtually no near-term capital expenditure requirements due to its recent construction, the asset provides investors with an attractive combination of stable cash flow potential, operational efficiency, and long-term appreciation prospects. The property's modern construction, desirable unit sizes, and strategic location position it as a compelling addition to any multifamily investment portfolio.

FOR SALE DETAILS

PRICE

$9,934,029 USD

PRICE/SF

$117 USD /SF

# OF UNITS

63

PRICE/UNIT

$157,683

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Townhomes in Clever, Missouri

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

09-0.4-20-002-001-001.000

ASK ABOUT THIS PROPERTY

Tyler RichardsonKeller Williams LocalMore Info
417-893-0670

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Tyler RichardsonKeller Williams LocalMore Info
417-893-0670

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