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610 W Fourth ST Sedalia, MO 65301
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Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Package of Properties
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2445652
Sold Date 10/11/23
Annual Tax Amount $2,601
Lot Size 7,335 Sqft
Acres 0.16838843
Property Sub-Type Package of Properties
Source hmls
Property Description
15 unit Sedalia Portfolio Sale, a remarkable opportunity to own a 15 unit/6 property portfolio in the thriving city of Sedalia, MO. Boasting a stabilized 10% CAP rate, this portfolio is a solid investment that is primed for success. What sets this offering apart is the extensive renovations that have been completed on all properties. From brand new roofs to updated electrical systems and cosmetic enhancements, the seller has gone above and beyond to ensure that these units are in top-notch condition. Additionally, 11 of the units have separately metered utilities, offering convenience and flexibility for both tenants and landlords. Located within minutes of each other in the heart of Sedalia, these properties are perfectly positioned in a red-hot rental market. The city has experienced significant growth, becoming a hub for manufacturing and logistics in central Missouri. With major employers like NuCor Steel, Pepsi, and Tyson Foods nearby, the demand for rental units remains consistently high. Don't miss out on this exceptional investment opportunity! Contact us today to learn more about the Sedalia Portfolio Sale and secure your spot in this thriving market. Property Name: 15 unit/6 property portfolio Address: Sedalia, MO 65301
Location
State MO
County Pettis
Zoning M
Interior
Heating Baseboard, Electric
Cooling Electric, Window Unit(s)
Fireplace N
Exterior
Parking Features false
Utilities Available Cent Water Heater, Ind Heat And Air, Ind Water Heaters
Roof Type Composition
Building
Story 2
Sewer City/Public
Water Public
Structure Type Vinyl Siding
Schools
School District Sedalia
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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