PROPERTY DESCRIPTION Discover an exceptional investment opportunity in Parkville, MO. This property features a well-maintained 14,922 SF building with 12 units, offering a lucrative investment in the sought-after multifamily sector. Built in 1900 and tastefully renovated in 2024, the property boasts a blend of historic charm and modern updates, ensuring high tenant appeal. Benefit from the desirable R-4 zoning and 100% occupancy, guaranteeing immediate returns. With its prime location in Parkville, this property presents a rare chance to capitalize on a thriving rental market while enjoying strong income performance. 14,922 SF building 12 units Built in 1900 Renovated in 2024 Zoned R-4 Located near downtown Parkville & Park University 100% occupancy Offering Summary Sale Price: 1,850,000 Number of Units: 12 Building Size:14,922 SF Renovated in 2024 Zoned R-$
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Parkville is located in Missouri. Parkville, Missouri has a population of 7,153. Parkville is more family-centric than the surrounding county with 53.87% of the households containing married families with children. The county average for households married with children is 35.93%.
The median household income in Parkville, Missouri is $173,047. The median household income for the surrounding county is $85,031 compared to the national median of $69,021. The median age of people living in Parkville is 40.8 years.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 19.8 degrees. The average rainfall is approximately 39.3 inches per year, with 16.4 inches of snow per year.