NOT LISTED FOR SALE

23 NW 434 Prv Rd Clinton, MO 64735

-- Bed
-- Bath
-- Sq Ft
17 Acres

Last Sold November 26, 2019

556 Days on Market

About This Home

As of November 2019

SEE ATTACHED PROFORMA SUMMARY 20-duplex buildings / 40-units and 2-storage buildings / 52-units on 17 acres +/-. Property is stabilized and all units are rent ready. The duplex units are 1,400 sq. ft. +/- each 3-bedroom, 2-bath,1-car garage. with projected rents of $695.00 per month. 52- storage units 12' wide X 20' deep projected rents at $55.00 each. Each storage building is approximately 3,120 sq. ft. +/-. Water is rural, sewer is onsite via a state of Missouri permitted and approve packaging plant. Tenants pay all utilities. Each unit individually metered. All electric. The storage units lease-up begin March 15, 2018. All 40-duplex units became rent ready April 2018. This property was bank owned and set vacant from 2008 until 2015. Make ready and lease-up begin in phases in 2016. Property in class A condition currently. Each duplex has own legal description and could be sold off individually or converted to condos if new owner so desired. Vacancy Factor & Maintenance Reserves are estimated at,10% each of the effective income,for this proforma. Income and Expenses are estimated at market rents and actual and estimated expenses for this proforma. This is a proforma and not to be relied on. Purchaser will be allowed sufficient time to preform any inspections or feasibility studies purchaser may deem necessary.

Last Agent to Sell the Property

Chuck Gray

RE/MAX TRUMAN LAKE License #1999056744 Listed on: 03/19/2018

RE/MAX TRUMAN LAKE

Last Buyer's Agent

Non Member Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2008

Lot Details

  • 17

Parking

  • Off-Street Parking

Additional Features

  • 1-Story Property
  • 17 Acre Lot

Community Details

Overview

  • 22 Buildings
  • 92 Units

Building Details

  • Gross Income $367,920

Property Details

Home Type

Multi-Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Estimated Year Built: 2008
  • Class: Multifamily
  • Lvt Date: 03/19/2018
  • Style: 1 Story
  • Bathrooms Per Unit: Two
  • Number Of3 Bedroom Units: 40
  • Number Of Buildings: 22
  • Parking Per Unit: Two Or More
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 2008

Garage/Parking

  • Parking: Off Street

Lot Info

  • Number Of Acres: 17
  • Number Of Acres Source: Estimate

Multi Family

  • Number Of Units: 92

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2019 11/26/19 Sold -- -- --
01/24/2019 01/24/19 For Sale $2,700,000 0.0% --
10/15/2018 10/15/18 Off Market -- -- --
03/19/2018 03/19/18 For Sale $2,700,000 -- --
Source: West Central Association of REALTORS® (MO)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Central Association of REALTORS® (MO)

MLS Number: 80247

West Central Association of REALTORS® (MO)