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Property Overview

Price/Rent PSF $ 2,250,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 23,941
Date Available 05/22/2019
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Description

Location
Springfield is the third largest city in Missouri and the county seat of Greene County. It is home to three universities
including Missouri State University, Drury University and Evangel University as well as several other colleges. City
population is 166,810 with MSA of 456,456. Springfield has a strong and stable employment sector with 3.5% current
unemployment.


Sale
Thank you for viewing the SFR investment portfolio including 11 newer built homes located in/near Springfield, MO.
This portfolio is 100% leased creating a great opportunity for steady income.
All properties are Class A+, minimum of four bedrooms, located in desirable areas.
All homes have tenants with leases including options to purchase giving you a built-in potential sale price providing profit
margin and also tenants who take ownership interest in their residences giving higher quality tenancy.
Finishes throughout most properties include: hardwood flooring, granite counter tops, attached 2 or 3 car garage, decks,
fireplaces, and central heating & cooling.
*Two homes finished in 2018. Cap rate based upon actual current rent roll and some market proforma information.
For more detailed information please contact Lee McLean at 417.887.8826 or [email protected]

Location

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