600 W JACKSON ST
WARSAW, MO 65355
$1,350,000
N/A Beds
0 Baths
12,171 Sq Ft
Status Active
MLS# 2481374
Excellent investment opportunity for 21 apartment units in the heart of the Ozarks, Warsaw, Missouri. Offering a great unit mix of 1, 2, and 3 bedroom units, as well as 4 convenient storage units on a spacious 1 ¼ acre lot. The units boast a strong rental history, with high demand leading to swift lease up and sustained occupancy. All units are on city utilities, and 14 of the 21 units are separately metered for electricity with tenants paying in their names. 7 units are on one meter with landlord paying electricity for those, landlord pays water for all but 1 unit. There is fantastic value add opportunity, with multiple units under market rent, as well as on site coin laundry room that is currently not being utilized. Or monthly utility fees to help offset utility expenses. A significant portion of the units have been recently renovated, offering upgraded paint, vinyl plank flooring, mini split systems, decking, and more. This prime location presents an attractive opportunity to expand your portfolio in a desirable market. Note: all units are currently occupied, and showing requires an executed LOI or Purchase and Sale Agreement. All units can be viewed/ inspected during diligence period. Site visits are encouraged, please do not disturb tenants.
Details for 600 W JACKSON ST
Built in 1945
$111 / Sq Ft
Other
Other
54 Days on website
1.25 acres lot
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
RE/MAX TRUMAN LAKE, 660-885-2201
7:36pm UTC- 5/28/2024
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Area Information for 600 W JACKSON ST
