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13820907
13820892

311 S Hampton Ave, Springfield, MO 65806 For Sale

KG
MO MO 2015006628
Murney Associates
Listed by Murney Associates
$1,299,900
965 days on market
Updated 30 days ago

Hampton Townhomes

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 10,580
Units 10
Cap Rate 7.45%
NOI $96,846
Tenancy Multi
Pro-Forma Cap Rate 8.63%
Pro-Forma NOI $112,201
Price per SqFt $123
Broker Co-Op Yes
Class B
Year Built 2015
Buildings 3
Stories 2
Lot Size (SqFt) 9,180
Zoning multi-family
Investment Type Value Add

Multifamily | 10 Units | $137,500/unit

Marketing description

Introducing a unique opportunity in the heart of Springfield, where modern living meets convenience and investment potential. Welcome to this exceptional 10-unit multi-family complex, boasting an array of features that make it a standout choice in the real estate market. Formerly a thriving student housing project, this property is designed with the utmost attention to detail, ensuring both comfort and functionality for its residents. Built in 2015, it showcases contemporary architecture and quality craftsmanship that stands the test of time. Each unit within this complex offers a spacious and comfortable layout with 2 bedrooms and 2 bathrooms, providing ample space for residents to relax and unwind. But that's not all - the convenience of attached garages means residents can enjoy the luxury of protected parking and extra storage space, a sought-after feature that sets this property apart. Situated within walking distance from downtown Springfield, Hammons Baseball Field, and Missouri State University, this multi-family complex offers residents easy access to the vibrant cultural scene, sporting events, and educational opportunities that the city has to offer. It's the perfect blend of city living with the tranquility of a residential neighborhood. But the possibilities don't stop there. This 10-unit multi-family complex is a must-see opportunity. Don't miss your chance to own a piece of Springfield's vibrant real estate market. Your future in Springfield starts here.

Listing Contacts

KG
MO MO 2015006628
Murney Associates
Listed by Murney Associates

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,846.00
$8,070.50/mo

Valuation Metrics

0
DSCR
7.45%
Cap Rate
7.45%
ROI

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Additional Information

Name
Kody Gideon
License
MO 2015006628
Brokerage
Murney Associates Realtors
Brokerage Phone
4178232300
Title
Real Estate Salesperson
Brokerage Address
1625 East Primrose Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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