110 Burson Street, Saint Robert, MO
Multi-family for Sale - $5,950,000 - 159,472 Sq. Ft. on 20.5 acres
Property Info
| CIMLS# | 815712 |
| Location 110 Burson Street Saint Robert MO 65584 | |
| Updated | February 16th, 2018 |
| Type | Multi-family |
| Price | $5,950,000 |
| Building | 159,472 Sq. Ft. |
| Land | 20.5 acres |
Property Description
152 unit portfolio with 76 units at 110 Burson (Norvi Apartments) and 76 units at 116. Zeigenbein Rd. (Faulkner Townhomes) in St. Robert, MO.
Only $39,144/unit.
Built in 1999 & 1989.
7+ acres excess land for additional units.
Priced under appraisal of $8,500,000.
2 Separate garden style complexes.
Properties are very well maintained.
Location Description:
Being located only minutes away from one of the strongest and most diversified U.S. military bases in the country has enabled this property to have strong income performance year after year. Fort Leonard Wood contains facilities for Army, Navy, Air Force, National Guard, Engineer School, Military Police School, Chemical, Biological, Radiological & Nuclear School and others. The two properties are located at 110 Burson St. (Norvi) and 116 Zeigenbein Rd. in St. Robert, MO.
Highlights:
>> 152 unit portfolio with 76 units at 110 Burson (Norvi Apartments) and 76 units at 116. Zeigenbein Rd. (Faulkner Townhomes) in St. Robert, MO.
>> Only $39,144/unit.
>> Built in 1999 & 1989.
>> 7+ acres excess land for additional units.
>> Priced under appraisal of $8,500,000.
>> 2 Separate garden style complexes.
>> Properties are very well maintained.
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Financials
Sales Info:
>> Commision split: 4.0%