Exceptional Multifamily Investment Opportunity in Lebanon, Missouri! Discover a rare opportunity to acquire a diverse, income-producing multifamily portfolio featuring apartments, duplexes, townhomes, and storage units, all situated on approximately 8 acres (M/L) in Lebanon. This expansive property offers a variety of housing options, versatile amenities, and potential for future growth, making it an attractive opportunity for investors seeking to expand their multifamily portfolio. The property features 81 residential units and 18 storage units, including 16 two-bedroom, two-bathroom apartments (951+ sq. ft. each), 48 three-bedroom, two-bathroom apartments (1,052+ sq. ft. each), 13 three-bedroom, two-and-a-half-bathroom townhomes (1,330+ sq. ft. each), and 4 three-bedroom, two-and-a-half-bathroom duplex units (2,000+ sq. ft. each). Many units feature newer flooring and appliances, offering updated interior finishes across much of the property. Designed with accessibility in mind, the property features ADA-compliant accommodations throughout, including handicap-accessible parking, entrances, and doorways. Additional amenities include an on-site management office, on-site maintenance team, playground area, basketball goal, fenced perimeter, and multiple access points from paved roads. With ample acreage and room for potential expansion, this property offers both established infrastructure and opportunities to explore future development, subject to applicable approvals. Proudly owned, operated, and cared for by one owner, this substantial multifamily investment presents an opportunity to acquire a well-established residential community with multiple unit types and additional storage income potential, all in one location. A unique opportunity to invest in scale, diversity, and future potential in Lebanon, Missouri.
Details
MLS #
60301243
Listing Type
For Sale
Style
Condominium
Sub-Type
Resale
Status
Active
Year
2008
Days On Site
462
Listing Provided By
Keller Williams Local | Brayli D Shipley
Features
Units
98
Zoning
Commercial
Acreage
8.00
Interior
Cooling Yes / No
Yes
Cooling
Ceiling Fans, Central
Parking
Garage Yes / No
No
Parking Features
Two or More, Paved Area
Taxes
Property
30000
Area Information
State
MO
County
Laclede
City
Lebanon
Zip Code
65536
Community Name
N/A
School District
Lebanon
Elementary School
Lebanon
High School
Lebanon
Sourced by Back At You
MLS Number: 60301243
Brayli D Shipley – klrw369@kw.com
Keller Williams Local
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