Sold

1 Proactive Drive

New Florence, MO 63363 SOLD
14,000 sqft
Photo of 1 Proactive Drive New Florence MO 63363

Details

Invest in a thriving future with this 36-unit complex, perfectly situated to attract a diverse tenant base. This exceptional property produces steady cash flow and significant appreciation potential. The property has been completely remodeled inside and out. Brand new roof, siding, all the individual rooms have newer HVAC units with remote controls, flooring, paint, plumbing, Electric updated and a brand new solar system installed. There are 36 total units. 35 residential and 1 commercial space currently leased to a chiropractor. Located just off HWY 70 ensuring high occupancy rates and consistent demand. Strong Financials With a history of stable income and low vacancy rates, this complex is a proven performer.

Specs

Type Multi-Family
Square Footage 14,000 sqft
Lot Size 2.92 acres
Year Built 1982
Taxes Paid $21,937

Lots & Building Features

Construction Vinyl Siding
Cooling Electric, Wall Unit(s)
Heat Source Electric
Heating Forced Air
Parking Description Parking Lot, Space/Unit - 2+
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions see tax

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City New Florence
Area Montgomery County
County Montgomery
Subdivision n/a

Schools

Junior High School Montgomery Co. Middle
Senior High School Montgomery Co. High
Ryan Farber & Andrew Scanlan, Compass Realty Group

Sold By

Mike Shepherd, Invest St. Louis