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View of bird's eye view
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View of bird's eye view
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View of bird's eye view
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View of front of property
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Back of property with a lawn and a deck
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Kitchen with ceiling fan, a paneled ceiling, white appliances, wood-type flooring, and sink
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Carpeted spare room featuring ceiling fan and a drop ceiling
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Kitchen featuring dark hardwood / wood-style flooring, sink, a wealth of natural light, and dishwasher
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Carpeted spare room with ceiling fan
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Full bathroom featuring shower combination, tile floors, toilet, and vanity with extensive cabinet space
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Carpeted spare room with a drop ceiling and ceiling fan
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Kitchen with white appliances, sink, and light tile floors
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Empty room featuring dark hardwood / wood-style flooring, ceiling fan, and a paneled ceiling
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Kitchen featuring white appliances and hardwood / wood-style flooring
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Unfurnished room featuring dark colored carpet, a paneled ceiling, and ceiling fan
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Kitchen featuring white appliances, light wood-type flooring, sink, and a paneled ceiling
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Bathroom featuring walk in shower, toilet, vanity, and tile flooring
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Excellent investment opportunity for 21 apartment units in the heart of the Ozarks, Warsaw, Missouri. Offering a great unit mix of 1, 2, and 3 bedroom units, as well as 4 convenient storage units on a spacious 1 ¼ acre lot. The units boast a strong rental history, with high demand leading to swift lease up and sustained occupancy. All units are on city utilities, and 14 of the 21 units are separately metered for electricity with tenants paying in their names. 7 units are on one meter with landlord paying electricity for those, landlord pays water for all but 1 unit. There is fantastic value add opportunity, with multiple units under market rent, as well as on site coin laundry room that is currently not being utilized. Or monthly utility fees to help offset utility expenses. A significant portion of the units have been recently renovated, offering upgraded paint, vinyl plank flooring, mini split systems, decking, and more. This prime location presents an attractive opportunity to expand your portfolio in a desirable market. Note: all units are currently occupied, and showing requires an executed LOI or Purchase and Sale Agreement. All units can be viewed/ inspected during diligence period. Site visits are encouraged, please do not disturb tenants.
- Directions
- Corner of W. Jackson & Bolivar. Warsaw, MO
- Subdivision
- None
- City
- Warsaw
- County
- Benton
- Property Type
- Residential Income / Apartment
- Listing Updated
- Apr 04, 2024 at 10:04am
- MLS Number
- 2481374
- Property Tax
- $7,768
- Zoning
- $R-3
- Home Owners Association
- No
- Disclaimer
- The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS, Elite Realty and Agent Jo do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
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