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515 Nebraska Ave 8 Unité Immeuble d’appartements 1 107 789 $ CAD (138 474 $ CAD/Unité) West Plains, MO 65775
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Fully Remodeled 7-Unit Apartment Complex - one or two bedroom apartment with appliances
- Owner pays utilities and property tax
- Strong Income Producer with estimated 9.5% cap rate
RÉSUMÉ DE L'ANNONCE
For Sale – Income-Producing Multi-Unit Property in West Plains, MO!
Prime Investment Opportunity in Howell County
Discover a brand-new multi-family investment property at 515 Nebraska Street, West Plains, MO! This former church has been fully converted into eight modern apartments, offering high-quality finishes, excellent location, and strong income potential.
Property Features (Largest to Smallest Units):
One (1) unit – 850 sq. ft. | 2 Bed / 2 Bath | Open concept, Luxury Vinyl Flooring, Quartz Countertops, Private Deck
Four (4) units – 600 sq. ft. | 1 Bed / 1 Bath | Open concept, Luxury Vinyl Flooring, Quartz Countertops, Private Deck
Two (2) units – 550 sq. ft. | 1 Bed / 1 Bath | Open concept, Luxury Vinyl Flooring, Quartz Countertops, Private Deck
One (1) unit – 450 sq. ft. | 1 Bed / 1 Bath | Open concept, Luxury Vinyl Flooring, Quartz Countertops, Private Deck
Spacious parking lot and outdoor green space
Situated on a .48-acre lot in a quiet neighborhood
Prime Location – High Rental Demand!
Property Highlights:
• Fully remodeled 7-unit apartment complex – turnkey and like new
• Strong income producer with estimated 9.5%cap rate
• Units include one 2-bed unit ($1,200/month), four 1-bed units ($1,000/month), and one small unit ($959/month)
• Seventh unit is an active Airbnb generating approximately $21,900/year at $80-$125/night
• Gross annual rental income: approximately $95,800
• Net Operating Income (NOI): approximately $76,000
• All units include appliances
• Owner pays utilities and property taxes
• Includes Airbnb management potential or option to convert to long-term rental
• Excellent investment opportunity with low maintenance and high demand rental units
• Priced at $799,900 – potential for upside depending on rental mix
Located in West Plains, Missouri, this property is just minutes from:
Missouri State University - West Plains
Downtown West Plains
Ozarks Healthcare
Restaurants, shopping, and essential amenities
Turnkey Investment – Strong ROI Potential
New Construction – Modern Features
Fully Income-Producing or Investment Opportunity
Annual Property Tax: $2,000
Annual Insurance: $2,000
Each unit has separate electric, water, and internet connections
This multi-family property for sale in Howell County, Missouri, is an excellent addition to any real estate portfolio. Whether you’re looking for a turnkey rental investment or an income-generating property, this one checks all the boxes!
?? Call today to schedule a showing or for more details!
Prime Investment Opportunity in Howell County
Discover a brand-new multi-family investment property at 515 Nebraska Street, West Plains, MO! This former church has been fully converted into eight modern apartments, offering high-quality finishes, excellent location, and strong income potential.
Property Features (Largest to Smallest Units):
One (1) unit – 850 sq. ft. | 2 Bed / 2 Bath | Open concept, Luxury Vinyl Flooring, Quartz Countertops, Private Deck
Four (4) units – 600 sq. ft. | 1 Bed / 1 Bath | Open concept, Luxury Vinyl Flooring, Quartz Countertops, Private Deck
Two (2) units – 550 sq. ft. | 1 Bed / 1 Bath | Open concept, Luxury Vinyl Flooring, Quartz Countertops, Private Deck
One (1) unit – 450 sq. ft. | 1 Bed / 1 Bath | Open concept, Luxury Vinyl Flooring, Quartz Countertops, Private Deck
Spacious parking lot and outdoor green space
Situated on a .48-acre lot in a quiet neighborhood
Prime Location – High Rental Demand!
Property Highlights:
• Fully remodeled 7-unit apartment complex – turnkey and like new
• Strong income producer with estimated 9.5%cap rate
• Units include one 2-bed unit ($1,200/month), four 1-bed units ($1,000/month), and one small unit ($959/month)
• Seventh unit is an active Airbnb generating approximately $21,900/year at $80-$125/night
• Gross annual rental income: approximately $95,800
• Net Operating Income (NOI): approximately $76,000
• All units include appliances
• Owner pays utilities and property taxes
• Includes Airbnb management potential or option to convert to long-term rental
• Excellent investment opportunity with low maintenance and high demand rental units
• Priced at $799,900 – potential for upside depending on rental mix
Located in West Plains, Missouri, this property is just minutes from:
Missouri State University - West Plains
Downtown West Plains
Ozarks Healthcare
Restaurants, shopping, and essential amenities
Turnkey Investment – Strong ROI Potential
New Construction – Modern Features
Fully Income-Producing or Investment Opportunity
Annual Property Tax: $2,000
Annual Insurance: $2,000
Each unit has separate electric, water, and internet connections
This multi-family property for sale in Howell County, Missouri, is an excellent addition to any real estate portfolio. Whether you’re looking for a turnkey rental investment or an income-generating property, this one checks all the boxes!
?? Call today to schedule a showing or for more details!
FAITS SUR LA PROPRIÉTÉ
| Prix | 1 107 789 $ CAD | Classe d’immeuble | C |
| Prix par unité | 138 474 $ CAD | Taille du lot | 0,50 AC |
| Type de vente | Investissement | Taille du bâtiment | 5 560 pi² |
| Nombre d’unités | 8 | Occupation moyenne | 0% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 2 |
| Sous-type de propriété | Appartement | Année de construction | 1972 |
| Style d’appartement | De faible hauteur | Ratio de stationnement | 5,58/1 000 pi² |
| Zonage | R-3 | ||
| Prix | 1 107 789 $ CAD |
| Prix par unité | 138 474 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 8 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,50 AC |
| Taille du bâtiment | 5 560 pi² |
| Occupation moyenne | 0% |
| Nombre d’étages | 2 |
| Année de construction | 1972 |
| Ratio de stationnement | 5,58/1 000 pi² |
| Zonage | R-3 |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Climatisation
- Micro-ondes
- Laveuse/Sécheuse
- Connexions pour laveuse/Sécheuse
- Chauffage
- Cuisine avec coin repas
- Cuisine
- Accès Internet à haute vitesse
- Machine à glace
- Réfrigérateur
- Four
- Fourchette
- Bain/Douche
- Terrasse
- Comptoirs en quartz
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 7 | - | 450 - 2 400 |
| 2+2 | 1 | - | 850 |
1 1
Impôts fonciers
| Numéro de lot | 15-4.0-20-004-014-002.01000 | Évaluation des bâtiments | 50 693 $ CAD |
| Évaluation du terrain | 13 861 $ CAD | Évaluation totale | 64 555 $ CAD |
Impôts fonciers
Numéro de lot
15-4.0-20-004-014-002.01000
Évaluation du terrain
13 861 $ CAD
Évaluation des bâtiments
50 693 $ CAD
Évaluation totale
64 555 $ CAD
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