510 Chapin Dr Clinton, MO 64735

Listing details for 510 Chapin Dr, Clinton, MO 64735 : See Attached Offering Memorandum! 2007 build,20-units,10-buildings, on 3 acres +/-, all 3-bed, 2-bath,1-car garage, 1,200 sq. ft. per unit. On slabs, all electric, pitched roofs, HVAC on ground. 8% cap 11% cash on cash.. Proforma based on a 7% vacancy. Current management is a fixed rate of $300.00 per month. Current management will stay, if engaged, at same rate. Market vacancy factor 5% for Class A product such as this. 27% of this zip code (64735) rent of that 12% rent inside city limits. Median rents for Class A $750. Median rents for Class B $675. Median rents for Class C and $525.