115-unit value-add multifamily portfolio | 8.05% in-place (T3) cap, 9.41% proforma stabilizedStrong unit mix - 80% of units are 2 bedsProven rent-up model: 2/3rds of units renovated, 1/3rd remaining for proven upsideMarket rent spread of at least $137/unit/month across non-renovated unitsHigh growth submarket - Franklin County: 4% vacancy, 2.2% annual population growthDual-asset structure: 89-unit flagship complex and 26-unit garden communityExtremely supply-constrained submarket
Listed By
Agency Name: Salient Realty Group, LLC
Shown By
Agent Name: Missouri Heritage Team
Agent Phone:
Agency Title: Trophy Properties & Auction
Estimated Payment
$ 26,430.95 per month $23,368.45 Principal & Interest $0.00 Property Tax (data not provided by mls) $3,062.50 Homeowner's Insurance
1027 Caroline Drive | MLS# 26038016
This multi-family property located at 1027 Caroline Drive , Washington, MO 63090 is currently listed for sale with an asking price of $10,500,000. Caroline Drive is located within the Washington school district. Search Washington real estate on missouri-heritage-team.trophypa.com today.