701 Broadway Street, Unit 701725

Waynesville, MO 65583

$1,235,000
Price
Beds
5,356 Sq. Ft.
$231 / Sq. Ft.
5,356
Sq. Ft.
$231
per Sq. Ft.

Description

INVESTMENT HIGHLIGHTS
• Value Added with an extra building lot that goes with the sale. INVESTMENT HIGHLIGHTS
• Value Added with an extra building lot that goes with the sale • Consistently 90+% occupied. • Consistently 90+% occupied • Currently under professional management
• Great parking for each tenant
• Direct proximity to Fort Leonard Wood Military Base, Waynesville Middle School and High School, Theatre, Grocery Shopping, and numerous eateries
• PRO FORMA ~7% Cap Rate with great cash flow
EXECUTIVE
...INVESTMENT HIGHLIGHTS
• Value Added with an extra building lot that goes with the sale. INVESTMENT HIGHLIGHTS
• Value Added with an extra building lot that goes with the sale • Consistently 90+% occupied. • Consistently 90+% occupied • Currently under professional management
• Great parking for each tenant
• Direct proximity to Fort Leonard Wood Military Base, Waynesville Middle School and High School, Theatre, Grocery Shopping, and numerous eateries
• PRO FORMA ~7% Cap Rate with great cash flow

EXECUTIVE SUMMARY
Broadway Apartments offers 13 rentable units with nine - 3 Bedroom and 2 Bath units and a mix of 2 Bedroom and 1 Bedroom units in the remaining 4. This great investment opportunity stays above 90% rented because of its great position between the Front and West gates of Fort Leonard Wood Military Base and the local school system. All units are spacious, well maintained, and under professional management. With easy access to I-44 that provides a short 1 and ½ drive to Springfield and 2 and ½ hours to St Louis.
  1. Listed by David Holbrook • Jade Realty

Amenities

  • Air Conditioning
  • Forced Air
  • Parking Included

Location

Listing Courtesy of Jade Realty
Add your commute
LISTING UPDATED: 04/10/2024 11:01 AM

Property Details for 701 Broadway Street, Unit 701725

StatusActive
MLS #24013792
Days on Market51
Taxes$5,086 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1967
Lot Size1.04 AC / 45,302 SF
CountyPulaski County

Location

Listing Courtesy of Jade Realty
Add your commute

Building Information for 701 Broadway Street, Unit 701725

Stories-Residences13Year Built1967Building Size-Lot Size1.04 AC / 45,302 SF

Payment Calculator

$7,164 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,740

Property Taxes

$424

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 701 Broadway Street, Unit 701725

Summary
Location and General Information
  • City: Waynesville
  • County Or Parish: Pulaski
  • Directions: Highway 66 right before Waynesville Baptist Church and behind Lincoln Square
  • Latitude: 37.82153
  • Longitude: -92.214824
  • Location: City
  • Postal Code: 65583
  • State Or Province: MO
  • Sub division Name: None
  • Unit Number: 701-725
Taxes and HOA Information
  • List AOR: Pulaski County Board of Realtors
  • Parcel Number: 11-7.0-26-001-018-003.000
  • Tax Annual Amount: $5,086.00
  • Tax Legal Description: LOTS 2-4 PT LOT 5 - BLK 1RESUB TWA 2ND S/D
  • Tax Year: 2023
Owner
  • Owner Name: DN Joint Ventures
Parking
  • Attached Garage: No
  • Parking Features: Space/Unit - 1
School Information
  • Elementary School: Waynesville R-VI
  • High School: Waynesville Sr. High
  • High School District: Waynesville R-VI
  • Middle Or Junior School: Waynesville Middle
Property
Lot Information
  • Lot Size Acres: 1.04
  • Lot Size Dimensions: 188x211
  • Lot Size Source: County Records
  • Lot Size Square Feet: 45302.0
  • Property Sub Type: Multi-Family 5+
  • Builder Model: Low/1-2
  • Property Type: Commercial Sale
Property and Assessments
  • Above Grade Finished Area: 5356.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 4
  • Photos Count: 21
  • Videos Count: 0
  • Year Built: 1967
  • Disclosures: Unknown,Flood Plain No,Sellers Discl Not Av
  • Age: 57
  • Construction Materials: Concrete, 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: Electric
  • Heating: Forced Air
  • Heating YN: Yes
  • Laundry Features: Other
Multi Family
Multi-Family Information
  • Number Of Units Total: 13
  • One Bed Unit Baths: 1 Per Unit
  • One Bed Unit Rent: 595
  • Bedroom number of Units: 1
  • TYPE: Apartment Complex
  • Two Bed Unit Baths: 1 Per Unit
  • Two Bed Unit Rent: 825
  • Two Bed Unit Units: 3
  • Three Bed Unit Baths: 2 or More Per Unit
  • Three Bed Unit Rent: 875
  • Three Bed Unit Units: 9
Income & Expenses
  • Net Operating Income: $74,000.00
  • Total Expenses: 27975.00
Rental
Rent Information
  • Lease Term: Leases
  • Tenant Pays: All Utilities

Property History for 701 Broadway Street, Unit 701725

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 701 Broadway Street, Unit 701725

This home is within Waynesville R-Vi School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Freedom Elementary School
PublicK to 5

Waynesville East Elementary School
PublicK to 5

Waynesville Middle School
Public7 to 8

Waynesville Sr. High School
Public9 to 12

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

701 Broadway Street, Unit 701725 is a multi-family home for sale in Waynesville, MO 65583. This property was listed for sale on March 11, 2024 by Jade Realty, it's currently listed at $1,235,000. This listing's school district is Waynesville R-Vi School District. Nearby schools include Freedom Elementary School, Waynesville East Elementary School and Waynesville Middle School. 701 Broadway Street, Unit 701725 is a 0-bed, 0-bath, 5,356 sqft multi-family home built in 1967.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jade Realty

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.