UNDER CONTRACT- Introducing a prime student-housing investment opportunity in the hear of Maryville, MO, only 1.5 mile from Northwest Missouri State University. This 2..96 acres, low-rise property, boasting 52 1 and 2-bedroom units, presents a lucrative prospect for the discerning multifamily investor. With a track record of success dating back to its establishment in 1979 and a desirable R4 zoning designation, this property is positioned for long-term growth and stability. Currently operating at an impressive 92% occupancy rate, it demonstrates strong tenant demand and income potential. 7.88% CAP on $212,773 NOI.
$2,700,000.00
