Portfolio: 10 – Single Family Rental Properties Vandalia, MO

Multi-Family

314 S Oak St, VandaliaMO 63382

Property Details

Location

Address
314 S Oak St, VandaliaMO 63382
County
Audrain
Submarket
Parcels
14-3-08-2-001-004.000

Building Size

Building Size
1,179 SF

Building Details

Type
 Multi-Family
Number of Buildings
1
Occupancy Type
Multi-tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
1
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.17 Acres
Land (SF)
7,200 SF
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

Investors Portfolio = 10 single family homes

$650,000
Cap Rate: 7.85%
Luetkenhaus Properties

Builders personal rental property portfolio available for sale. Builder constructed all 10 of these properties between 2001 - 2006 and has used them as rental property since construction. All are located on 60x120 lots (a couple have 125' lots) and all are 3 bedroom, 1 bath with open Kitchen / Living area. All are 1,144 sq ft, 26x44' single family homes. Rent's range from low of $475 to current market of $600. Properties have been continuously rented and excellent income producers. Some have recent roofs due to previous storm damage and all are in good condition. All are built on slab with PVC and utilities in slab. Homes are all electric and include central HVAC systems. This collection of rental property is sold together - we will not break them out individually. Assessor's value is $670,490 and the asking price is $650,000 yielding a net 7.8% Annual Rate of Return.

Luetkenhaus Properties

Builders personal rental property portfolio available for sale. Builder constructed all 10 of these properties between 2001 - 2006 and has used them as rental property since construction. All are located on 60x120 lots (a couple have 125' lots) and all are 3 bedroom, 1 bath with open Kitchen / Living area. All are 1,144 sq ft, 26x44' single family homes. Rent's range from low of $475 to current market of $600. Properties have been continuously rented and excellent income producers. Some have recent roofs due to previous storm damage and all are in good condition. All are built on slab with PVC and utilities in slab. Homes are all electric and include central HVAC systems. This collection of rental property is sold together - we will not break them out individually. Assessor's value is $670,490 and the asking price is $650,000 yielding a net 7.8% Annual Rate of Return.

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