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$2,750,000
26043543 MLS ⋅ ACTIVE Status
50 UNIT APARTMENT COMPLEX IN ARCADIA VALLEY Rare opportunity to acquire a 50-unit multifamily portfolio in Arcadia Valley, Missouri one of Southeast Missouri's’ steadily growing rental markets. The offering includes 50 residential units and 1 Laundry unit in 19 buildings on 10 acres. 30-1 bedroom, 1 bath units 7-2 bedroom, 1 bath units 12-2 bedroom, 2 bath units 1-3 bedroom, 2 bath unit 1- Laundry with rehab potential for income producing amenity Property is located in Pilot Knob, Missouri in Iron County about 80 miles south of St Louis, and 17 miles south of Farmington. Apartments are on Hwy 21 near Hospital, Post office, stores and restaurants. Currently 96% occupied with an 8% Cap rate. $2,750,000

586 St Marys St Unit 566-651, Pilot Knob