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26-Unit Value-Add Apartment Buildings
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Auction #
571 -
Lot Size:
±0.31 acres -
Year Built:
1920 -
Transaction Fee:
5%
26-Unit Value-Add Apartment Buildings
Multi-Family Property For Sale in St. Joseph, MO
312 N. Noyes Blvd., St. Joseph, MO 64501FRE Auctions and Re/Max Innovations are pleased to present the Online Auction Plus event (allows for contingencies) for the opportunity to purchase and revitalize a 26-unit apartment building in St. Joseph, MO.
Property Highlights:
- Two (2) separate 3 story buildings (±10,400 SF each)
- Total SF: ±20,800 SF with a ±0.31 AC lot size
- Unit Mix: 26 total units consisting of 15 one-bedroom units and 11 studio units
- Tenant Amenities: On-site storage lockers, communal laundry facilities, and 13 unreserved surface parking stalls
- High Occupancy: Current rent roll and P&L documents are accessible in the documents sections
- Property Management: Long-term professional management
- Recent Capital Improvements: Roof, common areas, plus renovations completed on 11 units
- Value-Add Potential: Interior upgrades on the remaining 15 units, RUBS (Ratio Utility Billing System), and fiber revenue sharing
Location Information:
St. Joseph serves as the primary economic hub of Buchanan County in northwest Missouri, with a population of approximately 71,000 residents, representing the majority of the county's total population of over 90,000. The region is supported by a stable industrial and healthcare employment base operating with a historical unemployment rate ranging from 3.8% to 4.3%.
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Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access AgreementFinancing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record
RE/MAX INNOVATIONS, INC.
(816) 454-6540 All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.
This auction will start in a week or so, after all available information has been gathered.
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How to Bid
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1Set up a free user accountFree registration with no obligation. Your account provides access to additional information and documents, as well as email updates.
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2Search & SelectThe Future of Real Estate features real estate from the USA and international. Utilize our advanced search criteria to narrow down your selection.
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3Review InformationAccess property information to make better-informed decisions. Available information varies depending on each real estate asset type.
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4Submit Deposit (if required)Prior to placing a bid, you may need to submit a deposit. Deposits can be submitted using credit card, wire transfer or check.
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5Place Online BidPlace bids on your selected asset prior to the deadline. Specifics vary for each asset.
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6Winner is DeclaredBuyer deposits purchase funds, and closing coordinator assists Buyer and Seller with final paperwork.
ADD PROPERTY TO FAVORITES
Conditions may be included with your bid
St. Joseph, MO 64501
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St. Joseph, MO
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Property Type: Residential Property
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Lot Size: ±0.31 acres
- Baths:
0.00 - Year Built:
1920 -
Transaction Fee: 5%
FRE Auctions and Re/Max Innovations are pleased to present the Online Auction Plus event (allows for contingencies) for the opportunity to purchase and revitalize a 26-unit apartment building in St. Joseph, MO.
Property Highlights:
- Two (2) separate 3 story buildings (±10,400 SF each)
- Total SF: ±20,800 SF with a ±0.31 AC lot size
- Unit Mix: 26 total units consisting of 15 one-bedroom units and 11 studio units
- Tenant Amenities: On-site storage lockers, communal laundry facilities, and 13 unreserved surface parking stalls
- High Occupancy: Current rent roll and P&L documents are accessible in the documents sections
- Property Management: Long-term professional management
- Recent Capital Improvements: Roof, common areas, plus renovations completed on 11 units
- Value-Add Potential: Interior upgrades on the remaining 15 units, RUBS (Ratio Utility Billing System), and fiber revenue sharing
Location Information:
St. Joseph serves as the primary economic hub of Buchanan County in northwest Missouri, with a population of approximately 71,000 residents, representing the majority of the county's total population of over 90,000. The region is supported by a stable industrial and healthcare employment base operating with a historical unemployment rate ranging from 3.8% to 4.3%.
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access Agreement
Financing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record
RE/MAX INNOVATIONS, INC.
(816) 454-6540
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.