1234 S Choctaw
- SALE PRICE: $23,000,000
- CAP RATE: 5.5% (2025 YE)
- PRICE/DOOR: $244,680
- CURRENT OCCUPANCY: 93.6%
- UNIT TYPE: Duplexes & Single-Family
- #UNITS: 94
- DUPLEX UNITS: 64 (All duplex units developed with individual legal
- description for each unit).
- SINGLE-FAMILY UNITS: 30
- PRICE/SF: $184.39
- BEDROOMS/UNIT: 3-4
- BATHROOMS/UNIT: 2-2.5
- GARAGES/UNIT: 1-3
Property Description
SVN is pleased to offer this 94 Unit Single-Family & Duplex Rental Portfolio for sale in Republic, MO, offered at $23,000,000. The properties include a mix of units ranging from 3-4 bedrooms, 2-2.5 bathrooms, and 1-3-car garages. The portfolio known as the Westbury Gardens, offers users the luxury of quality at a reasonable price. The properties have many amenities with superior construction components and premium interior and exterior design. This portfolio offers investors peace of mind, as immediate repairs and capital expenditures are unlikely due to the properties being new construction. The properties are currently leased with 93.6% occupancy. Efficient management will be optimized with all contiguous units within the same development. An investor will also have flexibility in disposition due to all units, including duplex patio homes, having individual lots and legal descriptions for ease of future sale options. Please contact listing agent for financial information.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $23,000,000 |
| No. of Units: | 94 |
| Year Built: | 2023 |
| Opportunity Zone: | No |
| Price per unit: | $244,681 |
| Property Website | Click Here |
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