Multi-Family for Sale: 1 Proactive Drive, New Florence, MO 63363 SOLD
14,000 sqft
$0
1 Proactive Drive,
New Florence, MO 63363 SOLD
14,000 sqft
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Original List Price: $2,922,000
Sold Date: 09/26/2024
Type Multi-Family
Square Footage 14,000 sqft
Lot Size 2.92 acres
Year Built 1982
Taxes Paid $21,937
City New Florence
Area Montgomery County
County Montgomery
Subdivision n/a
MLS 24037206
Status Closed
DOM 116 days
Invest in a thriving future with this 36-unit complex, perfectly situated to attract a diverse tenant base. This exceptional property produces steady cash flow and significant appreciation potential. The property has been completely remodeled inside and out. Brand new roof, siding, all the individual rooms have newer HVAC units with remote controls, flooring, paint, plumbing, Electric updated and a brand new solar system installed. There are 36 total units. 35 residential and 1 commercial space currently leased to a chiropractor. Located just off HWY 70 ensuring high occupancy rates and consistent demand. Strong Financials With a history of stable income and low vacancy rates, this complex is a proven performer.
Lot & Building Features
Construction Vinyl Siding
Cooling Electric, Wall Unit(s)
Heat Source Electric
Heating Forced Air
Parking Description Parking Lot, Space/Unit - 2+
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions see tax
Community and Schools
Junior High School Montgomery Co. Middle
Senior High School Montgomery Co. High
Listed by Compass Realty Group, Ryan Farber & Andrew Scanlan
Sold by Invest St. Louis, Mike Shepherd
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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. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Compass Realty Group Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange |