Two Quadplexes near Whiteman AFB
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Two Quadplexes near Whiteman AFB
2 Multifamily Properties Offered at $850,000 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
Welcome to 208 & 206 Grant Ave. These thoughtfully upgraded quadplexes' offering immediate rental income with 7 units rented while one unit remains vacant (unit can be filled before closing if desired), perfect for owner occupancy . Each unit boasts modern updates, including fresh flooring, new paint, stylish fixtures, and updated appliances, complete with in-unit washers and dryers. Recent exterior improvements make this property even more appealing, with new gutters, downspouts, soffits, and fascia, as well as newly installed decks and concrete patios in the backyard, enhancing outdoor living spaces for tenants and owners alike. Located a short drive from Whiteman Air Force Base, this property is an attractive choice for investors and owner-occupants aiming to offset their mortgage through tenant income. The owner covers water and sewer, while tenants handle all other utilities, keeping management simple and efficient. The purchase of 208 & 206 Grant also opens doors for future growth, with four additional buildable lots available. Don’t miss out on this rare investment opportunity to acquire a high-quality, income-producing property with promising development options.
Taxes & Operating Expenses (Pro forma - 2025) |
Annual |
---|---|
Gross Rental Income | $91,200 |
Other Income | - |
Vacancy Loss | - |
Effective Gross Income | $91,200 |
Taxes | $1,344 |
Operating Expenses | $16,032 |
Total Expenses | $17,376 |
Net Operating Income | $73,824 |
Taxes & Operating Expenses (Pro forma - 2025)
Gross Rental Income | |
---|---|
Annual | $91,200 |
Other Income | |
---|---|
Annual | - |
Vacancy Loss | |
---|---|
Annual | - |
Effective Gross Income | |
---|---|
Annual | $91,200 |
Taxes | |
---|---|
Annual | $1,344 |
Operating Expenses | |
---|---|
Annual | $16,032 |
Total Expenses | |
---|---|
Annual | $17,376 |
Net Operating Income | |
---|---|
Annual | $73,824 |
Property Facts
Price | $850,000 | Status | Active |
Price / SF | $19.51 / SF | Number of Properties | 2 |
Sale Conditions | Individually For Sale | 0 | |
Cap Rate | 8.69% | Total Building Size | 43,560 SF |
Sale Type | Investment or Owner User |
Price | $850,000 |
Price / SF | $19.51 / SF |
Sale Conditions | |
Cap Rate | 8.69% |
Sale Type | Investment or Owner User |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 43,560 SF |
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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Two Quadplexes near Whiteman AFB
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