515 E 7th St - Apartments FOR SALE


Maryville, MO 64468
$2,700,000 USD
816-390-7478
515 E 7th St, Maryville, MO for Sale
$2,700,000 USD
Apartments - FOR SALE
1/11
null | 7.88% Cap Rate

515 E 7th St
Maryville, MO 64468


HIGHLIGHTS

  • Off-campus student housing

OVERVIEW

Introducing a prime investment student-housing opportunity in the heart of Maryville, MO. Only 1.5 mile from Northwest Missouri State University campus, his 2.96 acre low-rise property, boasting 52 units in 12 buildings, presents a lucrative prospect for the discerning multifamily investor. With a track record of success dating back to its establishment in 1979 and a desirable R4 zoning designation, this property is positioned for long-term growth and stability. Currently operating at an impressive 92% occupancy rate, it demonstrates strong tenant demand and income potential. Don't miss the chance to add this well-maintained, high-performing asset to your portfolio.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$55 USD /SF

# OF UNITS

52

PRICE/UNIT

$51,923

CAP RATE

7.88%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parkway Village

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

PARKING SPACES

96

LAND DETAILS

LAND ACRES

2.96 AC

LAND SF

128,938 SF

ZONING

R-4

APN/PARCEL ID

22-04-17-03-01-06801,22-04-17-03-01-06802

ASK ABOUT THIS PROPERTY

Raymond SissonBHHS Stein & Summers Real EstateMore Info
816-390-7478

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Raymond SissonBHHS Stein & Summers Real EstateMore Info
816-390-7478

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