1 Proactive Dr New Florence, MO 63363
Estimated payment $15,960/month
Highlights
- No HOA
- Home Security System
- Forced Air Heating System
- Cooling System Mounted In Outer Wall Opening
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,266
Year Built
- Built in 1982 | Remodeled
Lot Details
- 2.93 Acre Lot
Home Design
- 14,000 Sq Ft Home
- Vinyl Siding
Bedrooms and Bathrooms
- 42 Bedrooms
- 37 Bathrooms
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- Open Parking
- Parking Lot
Schools
- Montgomery City Elem. Elementary School
- Montgomery Co. Middle School
- Montgomery Co. High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 11-8.0-27-000-000-016.001
Community Details
Overview
- No Home Owners Association
- 36 Units
Building Details
- Other Expense $65,084
- Net Operating Income $272,137
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,826 | $343,420 | $0 | $0 |
| 2024 | $218 | $318,210 | $0 | $0 |
| 2023 | $21,937 | $318,210 | $0 | $0 |
| 2022 | $6,650 | $96,420 | $0 | $0 |
| 2021 | $5,945 | $86,340 | $0 | $0 |
| 2020 | $5,618 | $79,140 | $0 | $0 |
| 2019 | $5,613 | $79,140 | $0 | $0 |
| 2018 | $5,560 | $79,140 | $0 | $0 |
| 2017 | $5,842 | $84,160 | $0 | $0 |
| 2016 | $7,522 | $108,450 | $0 | $0 |
| 2015 | -- | $108,450 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/22/2026 01/22/26 | Pending | -- | -- | -- | |
| 01/07/2026 01/07/26 | For Sale | $2,700,000 | +80.0% | $193 / Sq Ft | |
| 09/28/2022 09/28/22 | Sold | -- | -- | -- | View Prior Sale |
| 08/05/2022 08/05/22 | Pending | -- | -- | -- | |
| 05/11/2022 05/11/22 | For Sale | $1,500,000 | -- | $107 / Sq Ft |
Source: MARIS MLS
MLS Number: MIS26000912
APN: 11-8.0-27-000-000-016.001
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