Walnut Place Apartments

Multi-Family for Sale
Catylist Listing ID: 30181273
Property Subtypes: Low-Rise/Garden
Number of Units: 30 Units
Building Size (RSF): 22,661 SF
Gross Building Area: See Agent
Sale Price: $1,633,000
Unit Price: $54,433.33 Per Unit
Property Use Type: Investment
Building Name: Walnut Place Apartments
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/2/2018

Overview / Comments

This three story apartment building is located just west of Kimbrough on Walnut Street and within walking distance to MSU and all the amenities of downtown Springfield. Walnut Place Apartments is a 30 unit building with a mix of 24 -1 bedroom/1 bath units and 6 -2 bedroom/1 bath units. The building was built in 1909 and was extensively remodeled in 2007 including new PTAC units and roof, new windows, new electric meters, flooring, and hot water heaters. There are 20 on site parking spaces and the building has a laundry facility and additional storage in the basement.

Contact Anita Zimmerman at 417.890.3229 for rent Income/expenses/rent roll information.

Additional Details

Nearest MSA: Springfield
County: Greene
Tax ID/APN: 881324241008
Zoning: CC
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 3
Year Built: 1909
Year Renovated: 2007
Construction/Siding: Brick
Parking Type: Surface
Laundry: Shared
Lot Frontage: ±72
Water Service: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,461 103,593 182,996
Median Age: 25.47 32.71 35.66
Households: 6,376 43,565 78,620

Contact

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