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1311 Francis St - 1311 Francis 8 Unit Apartment Building Offered at $657,110 CAD at a 9.84% Cap Rate Saint Joseph, MO 64501

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INVESTMENT HIGHLIGHTS

  • Historic building
  • plenty of shared space or options for additional units
  • many fireplaces

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $8,300 $1.57
Other Income - -
Vacancy Loss - -
Effective Gross Income $8,300 $1.57
Taxes $1,112 $0.21
Operating Expenses - -
Total Expenses $1,112 $0.21
Net Operating Income - -

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $8,300
Annual Per SF $1.57
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $8,300
Annual Per SF $1.57
Taxes (CAD)
Annual $1,112
Annual Per SF $0.21
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $1,112
Annual Per SF $0.21
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $657,110 CAD
Price Per Unit $82,139 CAD
Sale Type Investment
Cap Rate 9.84%
Gross Rent Multiplier 7.64
No. Units 8
Property Type Multifamily
Apartment Style Low-Rise
Building Class B
Lot Size 0.44 AC
Building Size 5,302 SF
Average Occupancy 12%
No. Stories 4
Year Built/Renovated 1876/2025
Parking Ratio 0.94/1,000 SF
Zoning R-4 - Multi-family

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Fireplace
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Crown Molding
  • Double Vanities
  • Hardwood Floors
  • Vaulted Ceiling
  • High Speed Internet Access
  • Refrigerator
  • Stainless Steel Appliances
  • Tub/Shower
  • Views
  • Wi-Fi
  • Yard
  • Dining Room
  • Handrails
  • Island Kitchen
  • Patio
  • Porch
  • Recreation Room
  • Smoke Free
  • Large Bedrooms

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Furnished Units Available
  • Gas Range
  • Media Center/Movie Theatre
  • Smoke Free
  • Vintage Building
  • Storage Space
  • Lounge
  • Multi Use Room
  • Public Transportation
  • Fiber Optic Internet

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
8+4.5 8 $1,038 CAD -
  • Listing ID: 38153023

  • Date on Market: 2025-10-21

  • Last Updated:

  • Address: 1311 Francis St, Saint Joseph, MO 64501

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