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1501 S 2ND ST Clinton MO 64735-2870

[Locked] • APN 18-2.0-10-004-019-002.002

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Details
Property Type Multifamily
Sub Type Apartment Building
Building SqFt 3,334
Lot SqFt 38,793
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code CG
Year Built 1976
Building Count 2
Opportunity Zone No
Sold Price per Acre ******
Tax Year ******
Tax Assessed Value ******
Owner Name LIGHTNING MOUNTAIN PROPERTIES LLC

Property History

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Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Marketing Description
SEE ATTACHED EXECUTIVE SUMMARY AND CA! 12-units 2- buildings. Age 25 to 30 years. Land .9 acres. 4-plex is, all brick, 2bd 1-bath, central air/heat, off street parking, hipped roof, common area front entrance, gas hot water, 680 +/- sq. ft per unit, lower units walkout, partially below grade. 8-plex 2-story, 1-bd 1-b, window AC/Heat units, off street parking, hipped roof, 500 +/- sq. ft. per unit. All above grade, all electric. City utilities and streets. Tenant pays all utilities including water, electric & gas. Paved parking, 2 parking spaces per unit. Market vacancy less than 5%. Located in Clinton MO, Henry County population is 21,000 +/-, The trade area population is 100,000 +/-. Clinton is home to Truman Lake a U.S Army Corps of Engineers lake. Opened to public in 1981 +/-. Located in Henry, Benton and St. Clair counties. At pool, the lake is 55,000 acres of water, at flood stage up to 200,000 acres of water. At pool, the lake is surrounded by approximately 110,000 acres of public use land. The Army Corps of Engineers owns all the land surrounding the lake at an elevation of 748 and below.
Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Marketing Description
SEE ATTACHED EXECUTIVE SUMMARY AND CA! 12-units 2- buildings. Age 25 to 30 years. Land .9 acres. 4-plex is, all brick, 2bd 1-bath, central air/heat, off street parking, hipped roof, common area front entrance, gas hot water, 680 +/- sq. ft per unit, lower units walkout, partially below grade. 8-plex 2-story, 1-bd 1-b, window AC/Heat units, off street parking, hipped roof, 500 +/- sq. ft. per unit. All above grade, all electric. City utilities and streets. Tenant pays all utilities including water, electric & gas. Paved parking, 2 parking spaces per unit. Market vacancy less than 5%. Located in Clinton MO, Henry County population is 21,000 +/-, The trade area population is 100,000 +/-. Clinton is home to Truman Lake a U.S Army Corps of Engineers lake. Opened to public in 1981 +/-. Located in Henry, Benton and St. Clair counties. At pool, the lake is 55,000 acres of water, at flood stage up to 200,000 acres of water. At pool, the lake is surrounded by approximately 110,000 acres of public use land. The Army Corps of Engineers owns all the land surrounding the lake at an elevation of 748 and below
Investment Highlights
  • 100% Occupied
  • Stabilized
  • 3% Market Vacancy Average
  • No Deferred Maintenance Captial Needed

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Sold on
 BY:
CG
Chuck Gray PRO
•••.•••.6989
•••emax@•••••.com
Brokerage logo
Listing removed on
 BY:
DW
Dillon Wing PRO
•••-•••-1234
•••••••••••emax@•••••.com
Brokerage logo

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