1 Proactive Dr

—
Beds
—
Baths
14,000 Sq. Ft.
$214 / Sq. Ft.
14,000
Sq. Ft.
$214
per Sq. Ft.

Description

Invest in a thriving future with this 36-unit complex, perfectly situated to attract a diverse tenant base. This exceptional property produces steady cash flow and significant appreciation potential. The property has been completely remodeled inside and out. Brand new roof, siding, all the individual rooms have newer HVAC units with remote controls, flooring, paint, plumbing, Electric updated and a brand new solar system installed. There are 36 total units. 35 residential and 1 commercial space currently...Invest in a thriving future with this 36-unit complex, perfectly situated to attract a diverse tenant base. This exceptional property produces steady cash flow and significant appreciation potential. The property has been completely remodeled inside and out. Brand new roof, siding, all the individual rooms have newer HVAC units with remote controls, flooring, paint, plumbing, Electric updated and a brand new solar system installed. There are 36 total units. 35 residential and 1 commercial space currently leased to a chiropractor. Located just off HWY 70 ensuring high occupancy rates and consistent demand. Strong Financials With a history of stable income and low vacancy rates, this complex is a proven performer.

Listing Agents

  1. Ryan Farber

    Ryan Farber

    Listing Agent

    Compass

    ryan.farber@compass.com

    P: (636)-439-7243

  2. Andrew Scanlan

    Andrew Scanlan

    Alternative Listing Agent

    Compass

Amenities

  • Air Conditioning
  • Forced Air
  • Laundry in Building
  • Parking Included
  • Parking Lot
  • Wall Unit
  • Washer / Dryer in Unit
LISTING UPDATED: 10/08/2024 02:27 PM

Property Details for 1 Proactive Drive

StatusClosed
MLS #24037206
Days on Market116
Taxes$21,937 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1982
Lot Size2.92 AC / 127,195 SF
CountyMontgomery County MO

Location

Sold By Invest St. Louis

Add your commute

Building Information for 1 Proactive Drive

Stories-Residences36Year Built1982Building Size-Lot Size2.92 AC / 127,195 SF

Payment Calculator

$16,450 per month

30 year fixed, 6.15% Interest

Principal and Interest

$14,621

Property Taxes

$1,828

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1 Proactive Drive

Summary
Location and General Information
  • City: New Florence
  • County Or Parish: Montgomery
  • Latitude: 38.90112
  • Longitude: -91.455426
  • Location: Corner Location
  • Postal Code: 63363
  • State Or Province: MO
  • Sub division Name: n/a
  • Postal Code Plus 4: 2515
Taxes and HOA Information
  • List AOR: St. Louis Association of REALTORS
  • Parcel Number: 11-8.0-27-000-000-016.001
  • Tax Annual Amount: $21,937.00
  • Tax Year: 2023
Owner
  • Township: New Florence
Parking
  • Attached Garage: No
  • Parking Features: Space/Unit - 2+, Parking Lot
School Information
  • Elementary School: Montgomery City Elem.
  • High School: Montgomery Co. High
  • High School District: Montgomery Co. R-II
  • Middle Or Junior School: Montgomery Co. Middle
Property
Lot Information
  • Lot Size Acres: 2.92
  • Lot Size Dimensions: see tax
  • Lot Size Source: Other
  • Lot Size Square Feet: 127195.0
  • Property Sub Type: Multi-Family 5+
  • Builder Model: Low/1-2
  • Property Type: Commercial Sale
Property and Assessments
  • Above Grade Finished Area: 14000.0
  • Above Grade Finished Area Source: Other
  • Documents Count: 2
  • Photos Count: 27
  • Videos Count: 0
  • Year Built: 1982
  • Disclosures: Unknown,Sellers Discl Not Av
  • Age: 42
  • Construction Materials: Vinyl Siding
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heat Source: Electric
  • Cable Available: 1
  • Cooling: Wall Unit(s), Electric
  • Heating: Forced Air
  • Heating YN: Yes
  • Laundry Features: Common Laundry, Prvt Laund some unit
Multi Family
Multi-Family Information
  • Number Of Units Total: 36
  • One Bed Unit Baths: 1 Per Unit
  • One Bed Unit Rent: 750
  • Bedroom number of Units: 31
  • TYPE: Apartment Complex,Hotel/Motel
  • Two Bed Unit Baths: 1 Per Unit
  • Two Bed Unit Rent: 1250
  • Two Bed Unit Units: 4
  • Three Bed Unit Baths: 2 or More Per Unit
  • Three Bed Unit Rent: 2250
  • Three Bed Unit Units: 1
Income & Expenses
  • Net Operating Income: $244,299.02
  • Total Expenses: 81761.73
Rental
Rent Information
  • Lease Term: Month To Month
  • Tenant Pays: No Utilities

Property History for 1 Proactive Drive

DateEvent & SourcePriceAppreciation
Jan 22, 2026

Pending

MARIS #26000912

—
Jan 7, 2026

Listed (Active)

MARIS #26000912

$2,700,000—
Aug 30, 2025

Expired

MARIS #24070663

$2,700,000—
Nov 11, 2024

Listed (Active)

MARIS #24070663

$2,800,000—
Sep 26, 2024

Closed

MARIS #24037206

$3,000,000—
Sep 1, 2024

Pending

MARIS #24037206

—
Jun 14, 2024

Listed (Active)

MARIS #24037206

$2,922,000—
Sep 28, 2022

Closed

MARIS #22029925

$1,350,000—
Aug 5, 2022

Pending

MARIS #22029925

—
May 11, 2022

Listed (Active)

MARIS #22029925

$1,500,000—
DateEvent & SourcePrice
01/22/2026

Pending

MARIS #26000912

—
01/07/2026

Listed (Active)

MARIS #26000912

$2,700,000
08/30/2025

Expired

MARIS #24070663

$2,700,000
11/11/2024

Listed (Active)

MARIS #24070663

$2,800,000
09/26/2024

Closed

MARIS #24037206

$3,000,000
09/01/2024

Pending

MARIS #24037206

—
06/14/2024

Listed (Active)

MARIS #24037206

$2,922,000
09/28/2022

Closed

MARIS #22029925

$1,350,000
08/05/2022

Pending

MARIS #22029925

—
05/11/2022

Listed (Active)

MARIS #22029925

$1,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1 Proactive Drive

Taxable ValueLand-Additions-Total-
Tax Record2024$21,826 ($1,819 / month)
Home Facts
Lot Size127,631 SqFtStyleMiscellaneous CommercialCountyMONTGOMERYAPN11-8.0-27-000-000-016.001

Schools near 1 Proactive Drive

This home is within Montgomery County R-Ii School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Montgomery City Elementary School
PublicPK to 5

Montgomery Co. Middle School
Public6 to 8

Montgomery Co. High School
Public9 to 12

Jonesburg Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information submitted to the MLS GRID as of 10/08/2024 02:27 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.