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  • Price Unknown

    204 S 2nd St, Linn, MO 65051

    3beds
    0baths
    13,680sqft
    Multi Family
    Built in 2017
    -- sqft lot
    $1,530,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Tower View Estates, a Fantastic 55+ Community, turnkey investment opportunity for sale! 18 total units with 100% occupancy, located in the growing community of Linn, MO. The property includes a total of almost 8 acres & has the opportunity for development expansion for another 9-units. All newer buildings, constructed in 2017. Currently, there are 3 Multi-Fam Buildings consisting of 2 buildings w/ 12 private units offering 1 bed + 1 bath and 1 building w/ 6 private units offering 2 beds + 1 bath. Each building offers complete main-level living with private laundry hookups. There are 36 off-street parking spots, every unit has its own heating/air conditioner with independent thermostats. Rent rolls, financials, and site plan expansion examples are available. There is a high need and demand for senior housing in the area and this investment fits the bill! Over $74k in annual net income with room to grow on future rents and development expansion. This is a Rare OpportunitY, ACT FAST!

    Zillow last checked: 7 hours ago

    Listing updated: April 28, 2025 at 06:33pm

    Listing Provided by:

    Jacob J Stallmann 636-234-5838,

    ELS Real Estate Group, LLC

    Bought with:

    Joan M Louis-Saucier, 2001001647

    Coldwell Banker Premier Group

    Source: MARIS,MLS#: 22036114MLS LogoOriginating MLS: Franklin County Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 0
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: In Unit
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 13,680
    • Total interior livable area: 13,680 sqft
    • Finished area above ground: 13,680

    Property

    Parking
    • Parking features: Assigned
    Lot
    • Size: 7.99 Acres
    Details
    • Parcel number: 104018010140008.01
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Low/1-2
    • Property subtype: Multi Family
    Materials
    • Frame, Vinyl Siding
    Condition
    • Year built: 2017

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Linn
    • Subdivision: Original Town Of Linn

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Private
    Services availability