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1200 International Village Drive , 1200-1207

Rolla, MO 65401
  • $1,350,000
  • STATUS: Closed
  • ON SITE: 92 Days
  • ID#: 22042828
Sold - 09/30/2022
$1,350,000
SOLD - 09/30/2022
  • 0
    BEDS
  • 15.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 21,832
    SQFT
  • $62
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1968
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Attention investors and developers! 8 apartment buildings that contain 4 units each (32 units total), on 15.04 acres. A-frame-style, 1 bed, 1 bath units, that are fully furnished, and rented for $425-525 per month. That equals a gross income of approximately $15,000 per month! An additional 12+/- acres of undeveloped land adjoins the University of Missouri, Science and Technology's soccer field. The units include spiral staircases, loft-style bedrooms, and set up for a community, coin operated laundry room. The units are equipped with newer flooring, cabinets, windows and HVAC units. The roofing for all units was replaced approximately 2-3 years ago. The property is zoned residential and packed with potential. You can develop the raw land or just enjoy the generous income from the 32 units. Schedule an appointment to see this property today!

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Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-10-04T23:39:32.89.

Keller Williams Realty West: 314-614-9731
www.parsonrealtygroup.com/homes/130548423
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1200 International Village Drive , 1200-1207 Rolla, MO 65401

  • Price: $1,650,000
  • Status: Closed
  • On Site: 92 Days
  • ID#: 22042828
0
Beds
0
Baths
0
½ Baths
15.04
Acres
21,832
SQFT
$62
$/SQFT
1968
Built
Neighborhood:
International Village
County:
Phelps
Area:
Rolla
Elementary School:
Harry S. Truman Elem.
Middle School:
Rolla Middle
High School:
Rolla Sr. High
School District:
Rolla 31
Property Description
Attention investors and developers! 8 apartment buildings that contain 4 units each (32 units total), on 15.04 acres. A-frame-style, 1 bed, 1 bath units, that are fully furnished, and rented for $425-525 per month. That equals a gross income of approximately $15,000 per month! An additional 12+/- acres of undeveloped land adjoins the University of Missouri, Science and Technology's soccer field. The units include spiral staircases, loft-style bedrooms, and set up for a community, coin operated laundry room. The units are equipped with newer flooring, cabinets, windows and HVAC units. The roofing for all units was replaced approximately 2-3 years ago. The property is zoned residential and packed with potential. You can develop the raw land or just enjoy the generous income from the 32 units. Schedule an appointment to see this property today!
Exterior Features

Attached Garage YN No Construction Materials Cedar Lot Size Dimensions 666X331x660x305x1327x642 Lot Size Source County Records Parking Features Parking Lot

Interior Features

Above Grade Finished Area Source Appraiser Cooling Electric Heat Source Gas Heating Forced Air Heating YN Yes Laundry Features Coin OperatedCommon Laundry

Property Features

Association Franklin County Board of REALTORS Builder Model Low/1-2 Cable Available Yes Disclosures UnknownCityFlood Plain NoSellers Discl Not Av Inclusions Building & Land Lease Term Leases Location City Net Operating Income 6581 Ownership Private Possession Close Of Escrow Property Condition None Property Sub Type Multi-Family 5+ Property Sub Type Additional Apartment Complex Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 4320 Tax Year 2021 Tenant Pays Cable TvElectricity Three Bed Units 0 Transaction Type Sale Two Bed Units 0 Water Source Public

Listing provided courtesy of Coldwell Banker Quality, Realt: 4374111. Listing information © 2022 Mid America Regional Information Systems, Inc.
Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-10-04T23:39:32.89.

Keller Williams Realty West: 314-614-9731
 
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Keller Williams Realty West
856 Waterbury Falls Dr Suite 200
O'Fallon MO, 63368