Great opportunity to acquire 2323 Woodson, a 12-unit apartment complex property located in the heart of Overland. The property is currently performing very strong with an in-place cap rate of 8.95%, but also has potential for even more upside through increasing rents to market rate and implementing utility charge backs - resulting in a 10.79% proforma cap rate. All units except for studios have laundry hook ups. Majority of the laundry machines are seller owned. All non studio units have central HVAC. Studios have window AC units and forced air heat. The property also has 13 parking spaces.
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These Properties are provided courtesy of Broker Reciprocity/IDX Lake Of The Ozarks Board of REALTORS® and Bagnell Dam Association of REALTORS® MLS, Inc. Multiple Listing Service. This information is copyrighted by The Lake Of The Ozarks Board of REALTORS® and The Bagnell Dam Association of REALTORS® MLS, Inc. Multiple Listing Service. Information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Information herein deemed reliable but not guaranteed. Copyright 2022 Lake Of The Ozarks Board of Realtors, Bagnell Dam Assoc. of REALTORS®. Updated: 1st December, 2023 2:47 PM (UTC)