Great investment property in Doniphan. This freshly remodeled motel has apartments on the lower level for monthly rental as well. This is a very high traffic tourist area as the crystal Current River is located approximately 1/2 mile from the motel. Also, in the fall and winter, there is the Mark Twain National Forest for the game hunters, who hunt the wild turkey and the white tail deer. Call to get a showing on this prime property.
Investors Dream! 2.2 acres, 6 buildings with 24 apartment units available in this turn-key ready rental complex located in the quaint city of Doniphan. This complex is comprised with 8-1 bedroom units, 12-2 bedroom units and 4-2 bedroom units. All buildings are brick facade with concrete walkways and paved parking lot for tenants. This property is a HUD project with steady monthly income generated in excess of 23k monthly! Yes, that is correct, over 23K monthly gross income! There is a section 8 contract in place for all 24 units that is a for-profit contract, allowing owner to generate income! These for-profit contracts are atypical for section 8 housing, which makes this a rare and beneficial asset for the right buyer. With a property management company and property manager on sight that are willing to stay in place, let this be your next portfolio asset! Call today to schedule your private showing by appointment only. Listed at one million, seven hundred thousand $1,7000,000.
Check out this multi-use large building in Downtown Doniphan! The possibilities are endless on this 6,800 + square foot commercial building! The building currently has a resale and flea market business on the west end of building and the other units are empty and ready for renters or for your business! This building is under $37/sq. ft. and priced to sell! The opportunities are endless!

Doniphan is located in Missouri. Doniphan, Missouri has a population of 1,929. Doniphan is more family-centric than the surrounding county with 31.53% of the households containing married families with children. The county average for households married with children is 29.31%.
The median household income in Doniphan, Missouri is $32,250. The median household income for the surrounding county is $36,089 compared to the national median of $69,021. The median age of people living in Doniphan is 41.6 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 24.8 degrees. The average rainfall is approximately 48.5 inches per year, with 7.2 inches of snow per year.