Sold

1 Proactive Drive, New Florence, MO 63363

Sqft
14,000

View property features, location on map, relevant school information and overview from seller's agent.

Listed bySalient Realty Group, LLC
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Overview

This well-maintained 36-unit property features 31-1beds, 4-2beds, and 1 commercial space. The asset has undergone major capital improvements in the last few years, including a new roof, new siding, and electrical upgrades, delivering true peace of mind for the next owner. With these significant updates completed, this is a low-maintenance, turnkey investment. The property is currently operating at an impressive 10% cap rate with stable operations, low vacancy, and strong cash flow. Rental demand remains consistent while the commercial space is a prime opportunity to add additional income. This asset offers both immediate and returns and future upside potential.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
14,000
Lot size (acres)
2.93
Year built
1982

Utilities

Heating
Electric, Forced air
Cooling
Electric, Wall unit(s)
Water
Public

Taxes

Tax Annual Amount (2025)
$23,266

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MARIS MLS MLS®#: 26000912 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.