1448 N Benton Avenue
Property Description
The Oaks Apartments offers a rare opportunity to acquire a 21-unitmultifamily property in a well-connected Springfield location, with virtually no comparable properties currently available on the market. The community features a mix of one- and two-bedroom apartments, many occupied by long-term residents, and maintains a low vacancy rate. Its proximity to Cox College, Cox North Hospital,Drury University and downtown Springfield supports demand from a diverse tenant base, while nearby public transportation provides residents with convenient access to employment, education, healthcare and city amenities. This combination of limited market availability, established occupancy and strategic location makes The Oaks Apartments a compelling addition to a multifamily investment portfolio.
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,375,000 |
| No. of Units: | 21 |
| Year Built: | 1963 |
| Lot Size: | 15,258.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $65,476 |
| Property Website | Click Here |
| Number of Bedrooms: | 31 |
| Number of Bathrooms: | 0 |
ID: 3yd-GSBORMO-60336306
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