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28789350
28789353

16 Locations

SVN | Rankin Company, LLC
Listed by SVN | Rankin Company, LLC
$3,755,000
182 days on market
Updated 46 days ago
Opportunity zone

16 Single-family Rental Portfolio

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Net Rentable (SqFt) 25,502
Units 16
Price per SqFt $147
Investment Type Stabilized

Multifamily | 16 Units | $234,688/unit

Marketing description

SVN is pleased to offer this 16 unit Single-Family Residential Portfolio For Sale in Springfield, MO at $3,755,000. Each property is a new build with high occupancy providing stable cash flow. The properties feature three bedrooms and two-and-a-half bathrooms, ranging from 1,486 to 1,795 square feet. The properties are leased at or near market rents for the area. They are located near several employment centers such as Hiland Dairy, Prime Trucking Inc., Bass Pro Shops Headquarters, and Loren Cook Company.

Situated in the northern part of Springfield, these homes are conveniently adjacent to one another, offering ease of management and neighborhood continuity. The portfolio lies just south of Interstate 44, between National Avenue and Glenstone Avenue—two of the city’s primary commercial corridors. The surrounding area features a strong mix of national and local retailers, including Aldi, AutoZone, Walgreens, DoubleTree by Hilton, Cracker Barrel, and more, providing excellent proximity to major amenities and employment centers.

Lee McLean III, SIOR, CCIM serves as a Senior Advisor for SVN Commercial in the Springfield Missouri metro area. Lee holds the SIOR & CCIM designation, a Brokers-Associate real estate license and ranks in the top 3% of SVN International.

Investment highlights

SALE PRICE: $3,755,000

TOTAL SIZE: 25,502 SF

PRICE/SF: $147.24/SF

TOTAL LAND SIZE: 1.982 Acres

UNIT TYPE: SF-R

#UNITS: 16

PRICE/UNIT: $234,687.50

BEDROOMS/UNIT: 3

BATHROOMS/UNIT: 2.5

Listing Contacts

SVN | Rankin Company, LLC
Listed by SVN | Rankin Company, LLC

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