3 Village Drive, Cape Girardeau, MISSOURI 63701

$1,399,000
16,461
SqFt
List Price
$1,399,000
MLS#
20075745
Status
ACTIVE UNDER CONTRACT
Living Sq. Ft
16,461
Lot Size
37,026
Acres
0.85
Year Built
2013
Subdivision
Green Village
Municipality
Cape Girardeau
County
Cape Girardeau
Listing Type
Multifamily

Property Description

Location! Location! Location! Investment Opportunity next to SEMO Campus perfect for college housing. Property is 15 unit apartment complex built in 2013. All units are 2 bedrooms, 2 baths. Each unit includes washer and dryer. Current rent is $800 per unit. Low maintenance and nice newer units. Current Annual Rental Income is $144,000. Owner pays water/sewer/trash and tenant is responsible for all other utilities.

Additional Information

Gross Operating Income
144000
Total Expenses
$6,300
School District
Cape Girardeau 63
Elementary School
Blanchard Elem.
Jr. High School
Central Jr. High
Sr. High School
Central High
Parking Description
Parking Lot
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Electric
Taxes Paid
8206
Selling Terms
Cash, Conventional

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Realty Executives Edge.

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