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Truman State University Portfolio

4 Residential Properties Offered at £1,956,125 in Kirksville, MO

Investment Highlights

  • Four all-brick buildings on the same block
  • One-Bedroom and Studio Apartments with exposed brick
  • New roofs and made-ready units with leasing office
  • Within walking distance of Truman State University

Executive Summary

Our Truman State University Apartments portfolio has 71-units across four all-brick buildings along the same block. Each building is within walking distance of downtown Kirksville and the Truman State University Campus. These studio and one-bedroom apartments feature original hardwood floors and many have exposed brick, providing a cosy and charming look. Each asset has renovated common areas, freshly made-ready units, and brand-new roofs on two of the buildings with the others still in good shape. This portfolio comes with a nice walk-in office and onsite maintenance person. With affordable rents and prime location, this portfolio will continue to bring value to the community it serves. Call our salesperson today to discuss the large amount of upside available with this deal!

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

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

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

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

Property Facts

Price £1,956,125
Price / SF £47.44 / SF
Sale Conditions Portfolio Sale
Net Initial Yield 7.50%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 41,236 SF
Total Land Area 0.49 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
210-216 E Jefferson St, Kirksville, MO 63501 Residential 11,674 SF 1940 -
116 E Jefferson St, Kirksville, MO 63501 Residential 11,232 SF 1920 -
207 E Jefferson St, Kirksville, MO 63501 Residential 3,800 SF 1920 -
Karlton Apartments
202 E. Jefferson St, Kirksville, MO 63501
Residential 14,530 SF 1925 -
Show More > < Show Less
  • Listing ID: 33809577

  • Date on Market: 08/11/2024

  • Last Updated:

  • Address: Truman State University Portfolio, Kirksville, MO

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