D
Seller's Agent in 2021
David Waln
Keller Williams Local
88
Beds
80
Baths
33,904
Sq Ft
193,842
Sq Ft Lot
Highlights
- 4.45 Acre Lot
- Brick or Stone Veneer Front Elevation
- Forced Air Heating and Cooling System
- Recreation Facilities
- Laundry in Utility Room
About This Home
As of June 2021Lebanon Sundance Apartments is a well maintained two building low rise apartment complex located in Lebanon, MO with easy on/off to I-44 and immediate proximity to all local services and amenities. This is an attractive affordable housing community designed to provide affordable rent to moderately low and middle income individuals and families. There is a strong rental demand for these units, hence a low vacancy rate. Property has an onsite Property Manager and office. Landlord pays water, sewer and trash, and, Tenants pay their other utilities. There is an onsite walking trail, picnic area, volley ball court and playground, plus plenty of open space. This is a stable and profitable investment showing a 5.5 cap rate and the ability to increase rents 7% per year. There is a tremendous windfall profit potential in 2028 when property is released from LIHTC program and able to achieve market rents (see LIHTC Program addendum).Shown by appointment only. Sale subject to MHDC approval.
Last Agent to Sell the Property
David Waln
Keller Williams Local License #2014037840 Listed on: 02/21/2021
Property Details
Home Type
- Apartment
Year Built
- Built in 1999
Lot Details
- 4.45 Acre Lot
- Lot Dimensions are 390'x500'x385'x500'
Home Design
- 33,904 Sq Ft Home
- Brick or Stone Veneer Front Elevation
- Frame Construction
- Vinyl Siding
Kitchen
- Oven or Range
- Dishwasher
Laundry
- Laundry in Utility Room
Parking
- 2 Parking Spaces Included
- Over 1 Space Per Unit
- Parking Lot
Schools
- Lebanon Riii Elementary School
- Lebanon Jr. High Middle School
- Lebanon Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Wall Furnace
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tenant pays for all utilities, cable tv/satellite, electric, gas
- Assessor Parcel Number 13-5-0-22-001-001-007.000
Community Details
Overview
- 2 Buildings
- 40 Units
- Low-Rise Community
Recreation
- Recreation Facilities
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2021 06/30/21 | Sold | -- | -- | -- |
| 03/01/2021 03/01/21 | Pending | -- | -- | -- |
| 02/21/2021 02/21/21 | For Sale | $1,995,000 | -- | $59 / Sq Ft |
Source: MARIS MLS
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 | $6,628 | $131,310 | $0 | $0 |
| 2024 | $6,628 | $116,240 | $0 | $0 |
| 2023 | $6,829 | $116,240 | $0 | $0 |
| 2022 | $6,363 | $116,240 | $0 | $0 |
| 2021 | $7,009 | $611,800 | $52,000 | $559,800 |
| 2020 | $7,043 | $611,800 | $52,000 | $559,800 |
| 2019 | $6,746 | $0 | $0 | $0 |
| 2018 | $6,699 | $122,990 | $9,600 | $113,390 |
| 2017 | $7,844 | $122,990 | $0 | $0 |
| 2016 | $7,844 | $151,850 | $0 | $0 |
| 2015 | $7,844 | $151,850 | $0 | $0 |
| 2014 | $7,844 | $151,850 | $0 | $0 |
| 2013 | -- | $151,850 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Default Zmember
D
Buyer's Agent in 2021
Default Zmember
Zdefault Office
(314) 984-9111
190 in this area
8,173 Total Sales
Source: MARIS MLS
MLS Number: MIS21009770
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Nearby Homes
- 1117 Applelane Dr
- 1134 Applelane Dr
- 1134 Orchard Dr
- 2176 Beck Ln
- 2140 Foxwood Ct
- 1800 & 1806 Jaden Dr
- 2001 Beck Ln
- TBD Phillips Dr
- 2125 Cedarwood Ct
- 1402 Raspberry Dr
- 000 U S Route 66
- 1121 Fowler Rd
- 216 Coach Rd
- 2100 Emmy Ave
- 2043 Kay Ave
- 2051 Kay Ave
- 5-Tbd Utah St
- 490 Texas Ave
- 3 Ice Cream Way
- 4 Ice Cream Way
- 0 Ivey Ln
- 0 Ivey Ln Unit MIS25060889
- 0 Ivey Ln Unit MAR24061732
- 1101 Ivey Ln
- 1101 Ivey Ln Unit 80
- 1921 W Elm St
- 1941 W Elm St
- 19161918 Phillips Dr
- 1116 Applelane Dr
- 1932/1934 Phillips Dr
- 0 Britney Dr
- 1122 Apple Ln
- 1700 W Elm St
- 1128 Apple Ln
- 1117 Apple Ln
- 1123 Applelane Dr
- 1123 Apple Ln
- 1271 Britney Dr
- 1274 Brayli Ln
- 1140 Applelane Dr
Your Personal Tour Guide
Ask me questions while you tour the home.