This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

400 S Walnut Multi Family 400 S Walnut St

17 Unit Block of Flats £684,566 (£40,269/Unit) 12.14% Net Initial Yield La Monte, MO 65337

Investment Highlights

  • Fully Occupied
  • Upgrades
  • Convenient Location

Executive Summary

3 buildings, 17 units consisting of 8 one bedroom, 8 two bedroom and 1 three bedroom apartments. Rent is $475/month on one beds, $575/month on 2 beds and $650/month on 3 bed for a total of $8850/month at 100% occupancy. All roofs replaced within 2 years, all HVAC gone through and replaced/repaired last year. Many upgrades over the last couple years and ongoing. Great Investment Opportunity!

Attachments

Rent roll Lamont 12-28-23

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £684,566
Price Per Unit £40,269
Sale Type Investment
Net Initial Yield 12.14%
Sale Conditions Portfolio Sale
No. Units 17
Property Type Residential
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 1.28 AC
Building Size 25,000 SF
Average Occupancy 100%
Number of Floors 1
Year Built/Renovated 1980/2022

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 8 £371.66 -
2+1 8 £449.91 -
3+2 1 £508.59 -
  • Listing ID: 30440713

  • Date on Market: 24/12/2023

  • Last Updated:

  • Address: 400 S Walnut St, La Monte, MO 65337

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}