| REMARKS |
| Upscale 48 units on 4 acres in a niche market near Ft. Leonard Wood. 1 bedroom apartments are fully rented, mostly to soldiers and officers stationed at Ft. Wood on short term assignments. Majority of the 600 SF units are furnished and feature granite tile countertops, 8 jet shower panel in garden tub, eating bar, dish satellite, wireless internet, patio and deck. Kitchens are fully equipped with dishwasher, disposal, frig, built-in microwave. 4 buildings of 12 units each. All electric complex has future plans for pool, gazebo, walking trails. Additional commercial acreage in front for sale, along with 14 acres in back for future development. Rents are $675, 775, 800 and $1300. All lower rents will be raised to $800 when up for renewal. The fort has just signed year leases for 17 units at $1300/month and has expressed interest in more as they become available. Run the numbers at $1300/month. Call for APOD. |
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| INCOME PROPERTY DESCRIPTION |
| Property Type: |
Multi-Family Apartment Building (S) |
| Location: |
ONE -Out Northeast N/A - 12942 (Pulaski) ONE -Out Northeast |
| Lot Size: |
4.000 (To be det'd by survey) |
| Age: |
2008 (2008) 1 day to 5 years |
| Zoning: |
MF |
| Inside City: |
Yes |
| Water / Sewer: |
City Water,City Sewer |
| Fire District: |
Yes |
| Floor Ins Req: |
Not Required |
| Documents Available: |
Appraisal,Financial Records,Fixtures List,Inventory List |
| Schools: |
Not Applicable / Not Applicable / Not Applicable |
| BUILDING INFORMATION |
| Building Description: |
Four or More Build,Two Stories |
| Construction: |
Frame,Vinyl Siding |
| Roof: |
Composition |
| Style: |
1 day to 5 years |
| Total Units: |
48 |
| Square Footage: |
28752 |
| Age Range: |
2008 |
| Total Bathrooms: |
(FULL: 0 / HALF: 0) One per Unit |
| Unit Appliance: |
Dishwasher,Dryer,Microwave,Oven/Range,Refrigerator,Washer |
| Unit Heating: |
Forced Air,Control-Individual,Electric |
| Unit Cooling: |
Central,Electric |
| Misc. Description: |
Alarm-Fire,Fire Walls,Smoke Detector |
| UNIT SIZE |
| One Bedroom: |
48 |
| One Bedroom Sq Foot: |
501 to 800 sqft |
| One Bedroom Desc: |
Over $350 |
| |
|
| Parking: |
Paved Area,One Per Unit |
| RENTAL INFORMATION |
| Type of Tenancy: |
LEA Lease |
| Deposit: |
Deposit Required |
| Monthly Rent: |
0 |
| Yearly Net Op Income: |
|
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OVERVIEW
