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$3,500,000
940 S National Ave, Springfield, MO 65804
0 Beds
0 Baths
16,626 SqFt

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MIXED USE STUDENT HOUSING PACKAGE SALE (will only sell with 920 S National MLS 60218527).Once in a lifetime opportunity to purchase two properties on the eastern edge of Missouri State University Campus. 940 S National is zoned limited business and is a mix of retail/office and apartments (two 3-bedroom and the 2-bedroom). Building is currently 95% occupied with all apartments leased through July 2023. Retail tenants include PeopleReady (corporate guaranteed by TrueBlue) and Missouri State Chi Alpha Campus Ministries. Present owners offer apartments in both buildings by the unit with cable, internet, and utilities included.920 S National has eight 4-bedroom 2-bathroom units. 100% leased through July 2023. Possible upside if leased by the bedroom. Price listed includes both properties.
  • Price:
  • $3,500,000
  • Square Footage:
  • 16,626
  • Acreage:
  • 0.66
  • Year Built:
  • 1978
  • Listing ID #:
  • 60218528
  • Street Address:
  • 940 S National Ave
  • City:
  • Springfield
  • State:
  • Missouri
  • Postal Code:
  • 65804
  • County:
  • Greene
  • Subdivision:
  • Normal View Place
  • Listing Status:
  • Pending
  • Listing Type:
  • Other
  • Construction Status:
  • Existing
  • Miscellaneous Features:
  • 1 Phase, 220 Power, 3 Phase, Basement, Fire Alarm, Living Area In Building, Private Restrooms, Security Lighting, Sign-Pole, Smoke Detectors, Sprinkler, Sump Pump, Water Heater-Electric
  • Number Of Units:
  • 10
  • Total Building Square Footage:
  • 16626
  • Type Of Roof:
  • Flat Roof, Rubber
  • View:
  • City
  • Year Built:
  • 1978
  • Business Type:
  • Apartments, Church, Office, Retail
  • Conforms To Zoning:
  • Lb
  • Price Per Square Foot:
  • 210.51
  • Tax Year:
  • 2021
  • Parking Description:
  • 20+ Spaces, Parking Area, Paved, Private Drive
  • Cooling System:
  • Central
  • Heating:
  • Electric, Forced Air, Heat Pump
  • Utilities:
  • Electric, High Speed Internet Access, Public Sewer, Public Water, Separate Meters
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Murney Associates - Primrose
  • SPRING

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