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    3 Village Drive

    Cape Girardeau, MO 63701
    • $1,399,000
    • STATUS: Active Under Contract
    • ON SITE: 42 days
    • ID#: 20075745
    Under Contract
    UPDATED: 27 min ago
    $1,399,000
    • 0
      BEDS
    • 0.85
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,461
      SQFT
    • $85
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2013
    County:

    School Information

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

    Description

    Location! Location! Location! Investment Opportunity next to SEMO Campus perfect for college housing. Property is 15 unit apartment complex built in 2013. All units are 2 bedrooms, 2 baths. Each unit includes washer and dryer. Current rent is $800 per unit. Low maintenance and nice newer units. Current Annual Rental Income is $144,000. Owner pays water/sewer/trash and tenant is responsible for all other utilities.

    Monthly Payment Calculator

    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-11-28T17:48:49.883.

    Peter Lu Team powered by RE/MAX Select: 314-662-6578
    www.peterluteam.com/homes/111079300
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    3 Village Drive Cape Girardeau, MO 63701

    • Price: $1,399,000
    • Status: Active Under Contract
    • Updated: 27 min ago
    • ID#: 20075745
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.85
    Acres
    16,461
    SQFT
    $85
    $/SQFT
    2013
    Built
    Neighborhood:
    Green Village
    County:
    Cape Girardeau
    Elementary School:
    Blanchard Elem.
    Middle School:
    Central Jr. High
    High School:
    Central High
    School District:
    Cape Girardeau 63
    Property Description
    Location! Location! Location! Investment Opportunity next to SEMO Campus perfect for college housing. Property is 15 unit apartment complex built in 2013. All units are 2 bedrooms, 2 baths. Each unit includes washer and dryer. Current rent is $800 per unit. Low maintenance and nice newer units. Current Annual Rental Income is $144,000. Owner pays water/sewer/trash and tenant is responsible for all other utilities.
    Exterior Features

    Building Style Low/1-2 Location City Lot Dimensions 92 X 348 X 349 irregular Parking Description Parking Lot

    Interior Features

    Cooling Central-Electric Heat Source Electric Heating Forced Air Laundry Prvt Laund All Units Water Heater Electric

    Property Features

    Assoc Fee Paid None Association Southeast Missouri Realtors BLDFIN InsuranceMaintenance/RepairsPersonal Prop Taxes Cable Available Yes Conditions Unknown Contingent Info Subject To FinancingSubject To Inspec. Disclosures Flood Plain NoSellers Discl Not Av Gross Operating Income 144000.00 Lot Size Source County Records Net Income 137700.00 Ownership Private Possession At Closing Possible Buyer Fees YN No Propane Tank None Property Type Multi-Family 5+ Sale Includes Building & Land Selling Terms CashConventional Sewer Public Special Listing Conditions None Square Footage Source County Records Tax Year 2019 Taxes Paid 8206 Tenancy Type Leases Tenant Pays SewerTrash RemovalWater Total Expenses 6300.00 Transaction Type Sale Type Apt Bldg/Interior En Water Public

    Listing provided courtesy of Realty Executives Edge. Listing information © 2020 Mid America Regional Information Systems, Inc.
    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-11-28T17:48:49.883.

    Peter Lu Team powered by RE/MAX Select: 314-662-6578
     
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