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Investment Highlights

  • Close to schools and parks
  • In a growing town with very few rentals
  • Built for a low maintance investment

Executive Summary

Discover an outstanding investment opportunity in the thriving, peaceful community of Pleasant Hope! This newly built triplex features three spacious units--each with 3 bedrooms and 2 full baths--boasting modern, open-concept layouts and premium finishes. Built with durability in mind, it also comes with a one-year builder warranty for added peace of mind. All units are fully leased, ensuring instant, steady cash flow. With a strong 8.12% CAP rate for cash buyers, you'll see excellent returns in a stable rental market. Residents enjoy small-town charm with convenient access to amenities and major routes. Whether expanding your portfolio or starting out, this triplex delivers lasting value, reliable returns, and long-term appeal. Contact the listing agent for Rent Roll and Expense details!

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $71,835 $21.77
Other Income - -
Vacancy Loss - -
Effective Gross Income $71,835 $21.77
Taxes $4,268 $1.29
Operating Expenses $7,891 $2.39
Total Expenses $12,159 $3.68
Net Operating Income $59,676 $18.08

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $71,835
Annual Per SF $21.77
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $71,835
Annual Per SF $21.77
Taxes (CAD)
Annual $4,268
Annual Per SF $1.29
Operating Expenses (CAD)
Annual $7,891
Annual Per SF $2.39
Total Expenses (CAD)
Annual $12,159
Annual Per SF $3.68
Net Operating Income (CAD)
Annual $59,676
Annual Per SF $18.08

Property Facts

Price $732,635 CAD
Price Per Unit $244,212 CAD
Sale Type Investment
Cap Rate 8.15%
Sale Condition 1031 Exchange
Gross Rent Multiplier 10
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Apartments
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 3,300 SF
Average Occupancy 100%
No. Stories 1
Year Built 2025
Zoning R-4 - Residential

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Ceiling Fans

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 3 $1,995 CAD 1,100
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
  • Listing ID: 40389695

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 587 Panich St, Pleasant Hope, MO 65725

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