$1,490,000
$1,490,000
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1022 N Christina AVE Union, MO 63084
17,542 SqFt
Key Details
Sold Price $1,490,000
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Sold
Purchase Type For Sale
Square Footage 17,542 sqft
Price per Sqft $84
Subdivision Christa Court Apartments
MLS Listing ID 23019996
Sold Date 03/24/23
Style Low/1-2
Year Built 1985
Annual Tax Amount $6,683
Lot Size 4.700 Acres
Acres 4.7
Property Sub-Type 5 Family or More
Property Description
FOR COMP PURPOSES ONLY. The complex was converted from USDA low-income to normal multifamily rental in 2020. The entire complex could tolerate a significant rent increase. 100% occupied. The current property management company is located nearby and could be retained for new ownership if desired. Expenses have been approximately 28-30% of revenue. There is a coin laundry on site which generates additional revenue. There is an office for management on site which could be repurposed. This property has been vastly improved over the last 2 years and it is time for someone to reap the benefits.
Location
State MO
County Franklin
Area 362 - Union R-11
Interior
Heating Baseboard, Electric
Cooling Wall Unit(s)
Fireplace N
Appliance Electric Water Heater
Laundry Common Area
Exterior
Parking Features false
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer,Vinyl Siding
Schools
Elementary Schools Beaufort Elem.
Middle Schools Union Middle
High Schools Union High
School District Union R-Xi
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with MonicaReed
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