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Two Quadplexes near Whiteman AFB

2 Multifamily Properties Offered at $819,000 in Knob Noster, MO

Investment Highlights

  • 100% occupied with waitlist
  • Updated units, siding, fascia, gutters, soffit, appliances, floors and paint
  • Short drive to Whiteman Air Force Base

Executive Summary

Whether you’re a seasoned investor or looking for your first multifamily purchase, these quadplexes check all the boxes: updated interiors, strong tenant demand, stable rental income, and proximity to a major military installation. With turn-key management and a renovation credit for the last remaining unrenovated unit already in place, this is a rare, hassle-free opportunity to grow your portfolio in a desirable market.
Property Highlights:
- Two quadplexes (8 total units) conveniently located near Whiteman Air Force Base
- Each unit is a 2 bed, 1 bath, fully equipped with all appliances plus in-unit washer & dryer
- Seven of eight units are already beautifully renovated
- $9,000 credit at closing offered toward remodeling the remaining unit (tenant’s lease ends March 2025)
- All units are fully occupied, primarily by military personnel, ensuring consistent and reliable cash flow
- Property is easy to rent and maintain, with established management in place for a seamless transition
Contact us today for more information or to schedule a viewing!

Attachments

Grant Ave. Quadplex Package Financials and Analysis

Data Room Click Here to Access

Taxes & Operating Expenses (Pro forma - 2025)

Annual
Gross Rental Income $85,500
Other Income -
Vacancy Loss -
Effective Gross Income $85,500
Taxes $2,677
Operating Expenses $17,936
Total Expenses $20,613
Net Operating Income $64,887

Taxes & Operating Expenses (Pro forma - 2025)

Gross Rental Income
Annual $85,500
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $85,500
Taxes
Annual $2,677
Operating Expenses
Annual $17,936
Total Expenses
Annual $20,613
Net Operating Income
Annual $64,887

Property Facts

Price $819,000
Price / SF $18.80 / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Cap Rate 8.74%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 43,560 SF
Total Land Area 0.41 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
206 N Grant Ave, Knob Noster, MO 65336 Multifamily 21,780 SF 1968 -
208 N Grant Ave, Knob Noster, MO 65336 Multifamily 21,780 SF 1968 -
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  • Listing ID: 34047968

  • Date on Market: 12/30/2024

  • Last Updated:

  • Address: Two Quadplexes near Whiteman AFB, Knob Noster, MO

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