$1,400,000
Pending
25 Days Online
0 Beds0 Baths0 SQFT
Pending

232 N Church Street Sullivan, MO 63080

View all 22 Photos
Static map
Map

H2208 - Sullivan's largest multi-family complex, the Garden Apartments, is finally on the market and looking for a new Owner. This 2 building complex houses 14 - 2 bedroom units (2 are currently being used for storage and are not rented or renovated), and 9 - 3 bedroom units. As per the attached pictures, many units have recently been extensively renovated. All units have newer Trane electric furnaces and central air as well as low E windows. Both buildings have newer roofs, one of which is only 4 years old. One unit is being temporarily kept from the rental pool to allow Investors to see a sample unit without disturbing tenants. Operational income and expense reports are available for qualified and serious potential buyers who are looking for a CAP rate approaching 8%, with the potential (based on area rental amounts) to be closer to 10%.

  • Property TypeCommercial
  • NeighborhoodRoss Add 02
  • CountyFranklin
  • Taxes$8,758
  • HOA/Condo/Coop Fees$0
  • Days on Site24 Days
  • MLS StatusPending
  • MLS ID Number24013730
  • Home Size Source County Records
  • Year Built1968
  • Lot Size1.294 Acres
  • Full BathsN/A
  • Partial BathsN/A

Sell your house quickly!

Get multiple potential cash offers for your home. Fast and hassle-free!

Learn More

Recent Activity For 232 N Church Street Sullivan, MO 63080

3 weeks ago
3 weeks ago
4 weeks ago

Don't miss a thing!

Get updates on new activity for this listing

General Features

  • Construction Brick Veneer
  • Parking Parking Lot
  • Sewer Public Sewer
  • Acreage 1.294
  • Water Public
  • Property Sub Type Multi Family
  • Attached Garage No
  • SqFt Above 15564

Interior Features

  • Cooling Electric
  • Heating Forced Air
  • Laundry Features No Laundry Facil.

Exterior Features

  • Construction Details Brick Veneer

Community Features

  • Association Dues 0
  • Township Sullivan
  • MLS Area Sullivan C-2(Frnkl)

Schools

School District
Sullivan
Elementary School
Sullivan Elem.
Middle School
Sullivan Middle
High School
Sullivan Sr. High

Mortgage Calculator

Monthly Payment (Est.)

$7,414
Copyright ©2024 Information is deemed reliable but not guaranteed.

Listings Nearby 232 N Church Street Sullivan, MO 63080