586 St Marys St 566-651, Pilot Knob, MO 63663
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Overview
50 UNIT APARTMENT COMPLEX IN ARCADIA VALLEY
Rare opportunity to acquire a 50-unit multifamily portfolio in Arcadia Valley, Missouri one of Southeast Missouri's’ steadily growing rental markets. The offering includes 50 residential units and 1 Laundry unit in 19 buildings on 10 acres.
30-1 bedroom, 1 bath units
7-2 bedroom, 1 bath units
12-2 bedroom, 2 bath units
1-3 bedroom, 2 bath unit
1- Laundry with rehab potential for income producing amenity
Property is located in Pilot Knob, Missouri in Iron County about 80 miles south of St Louis, and 17 miles south of Farmington.
Apartments are on Hwy 21 near Hospital, Post office, stores and restaurants.
Currently 96% occupied with an 8% Cap rate. $2,750,000
Location
Full feature list
Basic info
- Property type
- Multi-family
- Lot size (acres)
- 10
- Year built
- 1986
Utilities
- Cooling
- Central Air, Wall Units, Window Units
Taxes
- Tax Annual Amount (2025)
- $15,827
Public schools
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®#: 26043543 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.