701 Broadway #701-725Waynesville, MO 65583
INVESTMENT HIGHLIGHTS • Value Added with an extra building lot that goes with the sale. • Consistently 90+% occupied. • Currently under professional management • Great parking for each tenant • Direct proximity to Fort Leonard Wood Military Base, Waynesville Middle School and High School, Theatre, Grocery Shopping, and numerous eateries • PRO FORMA ~7% Cap Rate with great cash flow EXECUTIVE SUMMARY Broadway Apartments offers 13 rentable units with nine - 3 Bedroom and 2 Bath units and a mix of 2 Bedroom and 1 Bedroom units in the remaining 4. This great investment opportunity stays above 90% rented because of its great position between the Front and West gates of Fort Leonard Wood Military Base and the local school system. All units are spacious, well maintained, and under professional management. With easy access to I-44 that provides a short 1 and ½ drive to Springfield and 2 and ½ hours to St Louis.
- Property TypeCommercial
- NeighborhoodN/A
- CountyPulaski
- Taxes$5,086
- HOA/Condo/Coop Fees$0
- Days on Site112 Days
- MLS StatusActive
- MLS ID Number24013792
- Home Size Source County Records
- Year Built1967
- Lot Size1.04 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction ConcreteVinyl Siding
- Parking Space/ Unit - 1
- Sewer Public Sewer
- Acreage 1.04
- Water Public
- Property Sub Type Multi Family
- Attached Garage No
- SqFt Above 5356
Interior Features
- Cooling Electric
- Heating Forced Air
- Laundry Features Other
Exterior Features
- Construction Details ConcreteVinyl Siding
Community Features
- MLS Area Waynesville