What a phenomenal investment opportunity! This 12 unit complex has been largely renovated with each unit having new high efficiency window units, commercial grade easily replaceable tile carpeting, newer refrigerators, fresh paint, and newer water heaters. Additionally, a new metal roof has been installed on nearly the entire complex. A survey has been completed for the lot as well. There has been a waiting list of tenants despite the only advertising for vacancy being a ''for rent'' sign on the street! Currently the seller has 3 vacant units that will remain vacant for the purpose of showing. Rent is $525 per unit for a gross income of $6,300 per month at full occupancy. Expenses averaged $970 per month from May 2023 - May 2024. This comes out to approximately $5,330 of positive cashflow monthly! What a great asset to add to your portfolio!
Cabool is located in Missouri. Cabool, Missouri has a population of 2,369. Cabool is more family-centric than the surrounding county with 40.52% of the households containing married families with children. The county average for households married with children is 28.91%.
The median household income in Cabool, Missouri is $22,341. The median household income for the surrounding county is $35,571 compared to the national median of $57,652. The median age of people living in Cabool is 35.6 years.
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 20.5 degrees. The average rainfall is approximately 45.9 inches per year, with 15.3 inches of snow per year.
