Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2017
Sq.Footage
13,680
Tower View Estates, a Fantastic 55+ Community, turnkey investment opportunity for sale! 18 total units with 100% occupancy, located in the growing community of Linn, MO. The property includes a total of almost 8 acres & has the opportunity for development expansion for another 9-units. All newer buildings, constructed in 2017. Currently, there are 3 Multi-Fam Buildings consisting of 2 buildings w/ 12 private units offering 1 bed + 1 bath and 1 building w/ 6 private units offering 2 beds + 1 bath. Each building offers complete main-level living with private laundry hookups. There are 36 off-street parking spots, every unit has its own heating/air conditioner with independent thermostats. Rent rolls, financials, and site plan expansion examples are available. There is a high need and demand for senior housing in the area and this investment fits the bill! Over $74k in annual net income with room to grow on future rents and development expansion. This is a Rare OpportunitY, ACT FAST!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
13680.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame, Vinyl Siding
-
Parking
Assigned
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
7.99
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Low/1-2
Price
-
Sales Price
$1,275,000
-
Tax Amount
$12,268
-
Sq. Footage
13, 680
-
Price/SqFt
$93
HOA
-
Association
No
School District
-
Elementary School
Osage Co. Elem.
-
Middle School
Linn High
-
High School
Linn High
Property Features
-
Ownership
Private
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Osage-MO
Elementary School
Osage Co. Elem.
Middle School
Linn High
High School
Linn High
Listing Courtesy of Jacob J Stallmann , ELS Real Estate Group, LLC
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AGENT
Erin Svoboda
Call Erin today to schedule a private showing.
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