Westview Apartments 2 Multifamily Properties Offered at $1,049,451 CAD in Jefferson City, MO

Turnkey 4-Plex - 9% CAP | Updated Units | Management in Place. Here's your chance to own two cash-flowing, fully managed 4-unit apartment buildings in a strong rental location. These connecting properties each feature four spacious 2 bed / 1 bath units (875 sq ft each) — many recently renovated — and is an ideal investment for both first-time multi-family buyers and seasoned investors. Key Highlights: Immediate Cash Flow: Current rent roll $6,700/mo with upside to $7,400/mo once at full market rents. Market Rent Growth: New leases at $850/mo; market supports $925/mo without major upgrades. Tenant-Paid Utilities: Water, sewer, and trash billed back monthly, boosting NOI. Recent $30K+ CapEx Improvements: New LVP flooring in newly turned units & new carpet in entry stairway Fresh paint throughout Updated appliances in several units as well as lighting, trim, and doors, Multiple newer water heaters Painted kitchen cabinets & new exterior entry door 100% Occupied. Hassle-Free Operations: Professional management in place plus on-site contractor willing to remain. Construction & Layout Benefits: Solid brick & siding construction for low maintenance Simple, efficient floorplans that appeal to long-term tenants Shared off-street parking lot with neighboring identical building. Location: Convenient to schools, shopping, and main roads, ensuring steady rental demand. Investor Tip: Purchase the 4 adjacent identical 4-plexes for a total of 24 units and enjoy economies of scale with shared parking, management, and maintenance (inquire about the full 6 building, 24 units opportunity)