3703 State Highway BB, Sikeston, MO 63801

$599,900
14,246
SqFt
List Price
$599,900
Days on Market
28
MLS#
18050666
Status
ACTIVE
Living Sq. Ft
14,246
Lot Size
121,097
Sq. Ft. Above
14246
Acres
2.78
Year Built
1974
Age
44
Subdivision
Westview Estates 4th Add
County
Scott
Listing Type
Multifamily

Property Description

LOOKING FOR GREAT CASH FLOW? Outstanding, fully occupied 16 unit Apt Building in great location outside city limits on 2.77 acres * 2017 Gross Annual Rental Income $95,000 * 10% Cap Rate ! * 15 units at $500/mo per unit, 1 unit at $425/mo * Each unit is a 2 BR, 1.5 BA Townhome with privacy fenced patios & ample parking * Property also includes nice 3 BR, 2 BA modular home on concrete block foundation (occupied by on site manager) * A separate building features very nice 2BR, 1BA owner’s apartment, office, laundromat and storage * Additional future rental income possible with modular home and owner’s apartment * Attractive, fenced in 20 x 40 in-ground pool available for tenants …. Concrete bottom w/fiberglass sides * All Electric * County Water * Metal Roofs * Well maintained property * Same owner last 25 years * Interior photos of apartment in the photo link are of the Owner’s apartment * Call Today !

Additional Information

Gross Operating Income
95863
Total Expenses
$33,001
School District
Sikeston R-6
Elementary School
Lee Hunter Elem.
Jr. High School
5th & 6th/7th & 8th
Sr. High School
Sikeston Sr. High
Construction
Brick Veneer Decrtv, Vinyl Siding
Parking Description
2+ Space/Unit, Parking Lot, Unassigned
Cooling
Ceiling Fan, Central-Electric
Sewer
Aerator, Septic
Heating
Forced Air
Water
Public
Heat Source
Electric
Price Per Sq. Ft
42.11
Taxes Paid
4271
Selling Terms
Cash, Conventional, Private, Other

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Realty Executives of Cape County.

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