Prime Investment Opportunity – Multi Family Investment

For Sale – Income-Producing
Multi-Unit Property in West Plains, MO! Prime Investment Opportunity
in Howell County

Discover a brand-new
multi-family investment property at 515 Nebraska Street, West Plains, MO! This
former church has been fully converted into eight modern apartments, offering
high-quality finishes, excellent location, and strong income potential.

Property Features (Largest to
Smallest Units):

·       
One (1) unit – 850
sq. ft. | 2 Bed / 1 Bath | Open concept, Luxury Vinyl Flooring, Quartz
Countertops, Private Deck

·       
Five (5) units – 600
sq. ft. | 1 Bed / 1 Bath | Open concept, Luxury Vinyl Flooring, Quartz
Countertops, Private Deck

·       
One (1) unit – 450
sq. ft. | 1 Bed / 1 Bath | Open concept, Luxury Vinyl Flooring, Quartz
Countertops, Private Deck

·       
Spacious parking lot and outdoor green space

·       
Situated on a .48-acre lot in a quiet
neighborhood

·       
Prime Location –
High Rental Demand!

Property Highlights:

·       
Fully remodeled 7-unit apartment complex –
turnkey
and like new

·       
Strong income producer with
an estimated 9.5% cap rate

·       
Units include one 2-bed unit ($1,200/month),
four 1-bed units ($1,000/month), and one small unit ($900/month)

·       
Seventh unit is an active Airbnb
generating approximately $21,900/year at $100/night

·       
Gross annual rental income: approximately
$95,800

·       
Net Operating Income (NOI): approximately
$76,000

·       
All units include appliances

·       
Owner pays utilities and property taxes

·       
Includes Airbnb management
potential or option to convert to long-term rental

·       
Excellent investment opportunity with low
maintenance and high-demand rental units

·       
Priced at $799,900 – potential
for upside depending on rental mix

Located in West Plains,
Missouri, this property is just minutes from:

Missouri State University –
West Plains

Downtown West Plains

Ozarks Healthcare

Restaurants, shopping, and
essential amenities

Turnkey Investment – Strong
ROI Potential

New Construction – Modern
Features

Fully Income-Producing or
Investment Opportunity

Annual Property Tax: $2,000

Annual Insurance: $2,000

Each unit has separate
electric, water, and internet connections

This multi-family property for
sale in Howell County, Missouri, is an excellent addition to any real estate
portfolio. Whether you’re looking for a turnkey rental investment or an
income-generating property, this one checks all the boxes!

Call today to schedule a showing or for
more details!