$875,000
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000 Multiple Apts Poplar/Ram Buffalo, MO 65622
2.48 Acres Lot
Key Details
Property Type Multi Family
Sub Type Apartment Building
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SOM60278644
Sold Date 12/27/24
Originating Board somo
Year Built 1999
Annual Tax Amount $6,077
Tax Year 2022
Lot Size 2.480 Acres
Acres 2.48
Property Sub-Type Apartment Building
Property Description
Welcome to Ramsey Square, a 15-unit multifamily property offering an excellent investment opportunity with strong cash flow and high rental demand. The property features a well-designed layout with plenty of common areas and yard space, making it an attractive choice for renters.The unit mix includes 3 one-bedroom and 12 two-bedroom apartments, some of which come with one-car garages. Each unit offers the convenience of in-unit washer and dryer hookups, central HVAC, and tenant-paid utilities and trash, reducing owner expenses. While already delivering impressive returns at the current price, there is still room for future improvements to increase value.
Location
State MO
County Dallas
Zoning MF
Direction Take 32 East to Buffalo turn right on 65 Hwy. Property is one block of 65 Hwy.
Interior
Heating Central
Cooling Central Air
Fireplace No
Heat Source Central
Exterior
Garage Spaces 6.0
Waterfront Description None
Building
Sewer Public Sewer
Water City
Schools
Elementary Schools Buffalo
Middle Schools Buffalo
High Schools Buffalo
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Brought with Katie L. Roweton Partin Real Estate