This 16-unit apartment complex in Monroe City, Missouri, offers a strong investment opportunity in a stable rental market. Built in 1975, the property spans approximately 6,700 square feet across two stories and sits on a 1.05-acre lot. Each unit is equipped with essential amenities, including kitchens with ovens, ranges, and refrigerators, and the property provides 24-hour access for residents. Utilities are fully electric, minimizing owner expenses and simplifying operational management. Located in Monroe City, the property benefits from a central position within a growing community that offers convenient access to local schools, retail, and services. The area’s consistent rental demand and limited multifamily inventory make this asset an attractive option for investors seeking steady cash flow and long-term appreciation. With potential for value-add improvements, this property provides an opportunity to enhance returns through modernization and operational efficiencies.