Invest in a thriving future with this 36-unit complex, perfectly situated to attract a diverse tenant base. This exceptional property produces steady cash flow and significant appreciation potential. The property has been completely remodeled inside and out. Brand new roof, siding, all the individual rooms have newer HVAC units with remote controls, flooring, paint, plumbing, Electric updated and a brand new solar system installed. There are 36 total units. 35 residential and 1 commercial space currently leased to a chiropractor. Located just off HWY 70 ensuring high occupancy rates and consistent demand. Strong Financials With a history of stable income and low vacancy rates, this complex is a proven performer. Some Accessible Features
Closed
Listing Provided by:
Ryan J Farber 636-439-7243,
Compass Realty Group,
Andrew N Scanlan 314-941-9672,
Compass Realty Group
Bought with: Invest St. Louis
Price Unknown
1 Proactive Dr, New Florence, MO 63363
6beds
4baths
14,000sqft
Multi Family
Built in 1982
-- sqft lot
$-- Zestimate®
$--/sqft
$1,233 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 28, 2025 at 06:29pm
Listing Provided by:
Ryan J Farber 636-439-7243,
Compass Realty Group,
Andrew N Scanlan 314-941-9672,
Compass Realty Group
Bought with:
Mike Shepherd, 2010038439
Invest St. Louis
Source: MARIS,MLS#: 24037206
Originating MLS: St. Louis Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air, Electric
Cooling
- Wall Unit(s), Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: Common Area, In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 14,000
- Total interior livable area: 14,000 sqft
- Finished area above ground: 14,000
Property
Parking
- Parking features: Assigned, Open, Parking Lot
- Has uncovered spaces: Yes
Lot
- Size: 2.92 Acres
Details
- Parcel number: 118.027000000016.001
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Low/1-2
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Fire Alarm, Security System, Smoke Detector(s)
Location
- Region: New Florence
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
- Ownership: Private