Remarks

This fully remodeled 5-unit apartment complex in Versailles, MO offers steady cash flow and strong rental demand. It features four 1-bed units (832 sq ft each) and one 2-bed unit (900+ sq ft). Located in a quiet residential area, this complex is within walking distance of the town square and city pool, and only an 18 minute drive from the Quaker Window plant. Renovated down to the studs, the property includes newer appliances, flooring, paint, and windows. Fully occupied it generates @ $3,900/month. There is also a free on-site laundry and common area for tenants. A 600 sq ft garage offers storage or potential for a 6th unit. Solid concrete construction with city water and sewer. This is a low maintenance investment that is in a town setting with convenience for the renters. Every unit offers 2 parking places. Setting is in a peaceful neighborhood with ease of access to all that the town has to offer. Easy drive to the Lake of the Ozarks or Jefferson City.

Details

MLS#: 3578352
Price: $349,900

Style: Multi Family
Bedrooms: 6
Sq Ft: 4240

County: Morgan
Lot Size: 80 x 98 x 80 x 98
Tax Fee: 935