Multi-Family for Sale: 701 Broadway #701-725, Waynesville, MO 65583

$1,235,000
$1,235,000
701 Broadway #701-725, Waynesville, MO 65583
$1,235,000
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Price:
$1,235,000
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Type Multi-Family
Square Footage 5,356 sqft
Lot Size 1.04 acres
Year Built 1967
Taxes Paid $5,086
City Waynesville
County Pulaski
School District Waynesville R-VI
Subdivision None
MLS 24013792
Status Active
DOM 52 days
INVESTMENT HIGHLIGHTS • Value Added with an extra building lot that goes with the sale. • Consistently 90+% occupied. • Currently under professional management • Great parking for each tenant • Direct proximity to Fort Leonard Wood Military Base, Waynesville Middle School and High School, Theatre, Grocery Shopping, and numerous eateries • PRO FORMA ~7% Cap Rate with great cash flow EXECUTIVE SUMMARY Broadway Apartments offers 13 rentable units with nine - 3 Bedroom and 2 Bath units and a mix of 2 Bedroom and 1 Bedroom units in the remaining 4. This great investment opportunity stays above 90% rented because of its great position between the Front and West gates of Fort Leonard Wood Military Base and the local school system. All units are spacious, well maintained, and under professional management. With easy access to I-44 that provides a short 1 and ½ drive to Springfield and 2 and ½ hours to St Louis.

Lot & Building Features

Construction Concrete, Vinyl Siding
Cooling Electric
Heat Source Electric
Heating Forced Air
Parking Description Space/Unit - 1
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 188x211 ft

Community and Schools

Elementary School Waynesville R-VI
Junior High School Waynesville Middle
Senior High School Waynesville Sr. High

Price History of 701 Broadway, Waynesville, MO

Date Name Price Difference
03/11/2024 Listing Price $1,235,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Elizabeth Kessler
Direct: 314-795-6004
Office
107 W Lockwood Ave
Webster Groves, MO 63119
962-1100
Listed by Jade Realty, David Holbrook
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0.41182186234818%
6.75%
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701 Broadway (MLS #24013792) is a multi-family listing located in Waynesville, MO. This multi-family listing is on a lot of 45,302 sqft (or 1.04 acres) and is 57 years old. This property was listed on 03/11/2024 and has been priced for sale at $1,235,000.

Nearby zip codes are 65452, 65459, 65534, 65556 and 65584. This property neighbors other cities such as Crocker, Dixon, Laquey, Richland and St Robert.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Jade Realty

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