237 SE 13 Hw Warrensburg, MO 64093

Listing details for 237 SE 13 Hw, Warrensburg, MO 64093 : Great opportunity for an investor that likes to update and renovate older units. These apartments stay rented but can use a complete overhaul. The complex has been priced accordingly. Some units have some updating by all the buildings can use some roof repairs, siding and soffit repairs, painting, window updates, kitchen remodels, and really just a complete update and remodel as the units empty. There is a great amount of potential here and the seller is motivated as you can see from the price. Here is an example Imagine each two bedroom unit remodeled and renting for $600 and the one bedroom units remodeled renting for $500 and that is very conservative. The gross rents fully rented would amount to $14,900 monthly and would equate to a value well over $1,000,000. There can be an additional studio apt. also