7036 Raider Rd - Apartments FOR SALE


Bonne Terre, MO 63628
$2,995,000 USD
314-716-2213
7036 Raider Rd, Bonne Terre, MO for Sale
$2,995,000 USD
Apartments - FOR SALE
1/13
null | 10.86% Cap Rate

7036 Raider Rd
Bonne Terre, MO 63628


HIGHLIGHTS

  • 40 Updated Units: Mix of studio, 1-bed, and 2-bed floor plans with modern finishes.
  • Modern Interiors: Stainless appliances, soft-close cabinets, and granite countertops in every unit.
  • Eco Upgrades: 100 kWh solar system and on-demand water heaters cut energy costs and boost NOI.
  • Extra Income: Parking lot lease to nearby RV dealer provides additional cash flow.

OVERVIEW

Sunshine Apartments, located at 7036 Raider Road in Bonne Terre, MO, is a recently renovated multifamily property offering a blend of comfort and affordability. The 1968-built complex underwent comprehensive upgrades in 2023 and 2024, enhancing its appeal to a diverse resident base.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$99 USD /SF

# OF UNITS

40

PRICE/UNIT

$74,875

CAP RATE

10.86%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

44

LAND DETAILS

LAND ACRES

2.28 AC

LAND SF

99,462 SF

ZONING

-

APN/PARCEL ID

06-40-19-00-000-0019.02

ASK ABOUT THIS PROPERTY

Michael ZangaraApartment Advisors of AmericaMore Info
314-716-2213

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Michael ZangaraApartment Advisors of AmericaMore Info
314-716-2213

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