Another Property Sold - 1200 International Village Drive 1200-1207, Rolla, MO 65401

by Kelley R Angell 10/01/2022

1200 International Village Drive 1200-1207, Rolla, MO 65401
CommercialSold
List Price $1,650,000
Sold Price -
1200 International Village Drive 1200-1207
Rolla, MO 65401
Courtesy of Thomas Hengstenberg, Broker
MLS: Mid America Regional MLS (MARIS)
Est. Mortgage
$8,617/mo

Attention investors and developers! 8 apartment buildings that contain 4 units each (32 units total), on 15.04 acres. A-frame-style, 1 bed, 1 bath units, that are fully furnished, and rented for $425-525 per month. That equals a gross income of approximately $15,000 per month! An additional 12+/- acres of undeveloped land adjoins the University of Missouri, Science and Technology's soccer field. The units include spiral staircases, loft-style bedrooms, and set up for a community, coin operated laundry room. The units are equipped with newer flooring, cabinets, windows and HVAC units. The roofing for all units was replaced approximately 2-3 years ago. The property is zoned residential and packed with potential. You can develop the raw land or just enjoy the generous income from the 32 units. Schedule an appointment to see this property today!

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About the Author
Author

Kelley R Angell

Hi, I'm Kelley R Angell and I'd love to assist you. Whether you're in the research phase at the beginning of your real estate search or you know exactly what you're looking for, you'll benefit from having a real estate professional by your side. I'd be honored to put my real estate experience to work for you.