2605 Village LnSpringfield, MO 65807

For Sale
$2,287,500
24-Unit Rental Property, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents a 24-unit multifamily portfolio located in Springfield, Missouri, at 2605 W Village Ln, zip code 65807. The portfolio comprises 21 single-family homes and one triplex, totaling 24,723 square feet. Currently boasting 74% occupancy, this Class C property offers significant potential for growth. The asking price is $2,287,500, translating to $92.53 per square foot and $95,312.50 per unit. Built over multiple years, the property is not subject to a ground lease. The diverse mix of housing types within this portfolio provides a resilient rental income stream. Investors will find ample opportunity to increase profitability through strategic renovations and property management enhancements, capitalizing on the thriving Springfield rental market. This is an ideal acquisition for investors seeking to expand their holdings or build a substantial portfolio in a stable and growing market. The property's location in Greene County provides convenient access to local amenities and transportation networks. This is a rare opportunity to acquire a well-positioned, income-generating asset with considerable upside potential. Don't miss this chance to secure a significant stake in the Springfield real estate market.

Highlights

  • 24-unit multifamily portfolio comprised of 21 single-family homes and one triplex.

Property Details for 2605 Village Ln

Property type
Residential income homes
Square Feet
24,723 SF
Class
C
Buildings
21
Units
24

Location Insight

City
Springfield
County
Greene
State
Missouri
Latitude
37.1509478
Longitude
-93.3301167
2605 Village Ln, Springfield, Missouri

FAQs

What type of property is this?
Residential income home - 24-Unit Rental Property, High ROI Potential
Where is the residential income home located?
The property is located at 2605 Village Ln Springfield, MO.
What is the asking price?
The asking price for this property is $2,287,500.
What are key features of this property?
This property features: 24-unit multifamily portfolio comprised of 21 single-family homes and one triplex.; ;
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2605 Village Ln
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