Description
This breathtaking 31 unit apartment complex sites downtown St Joseph MO on historical Robidoux Hill. Three large mansions and two carriage houses make up the complex. A lot of the original architect remains on the interior and exterior of the buildings. Currently at 80% occupancy and cash flowing. This sale includes:508 N 5th St housing 8 units. 415 Robidoux (carriage house) housing 6 units. 516 N 5th St, an empty lot that could be parking or build additional units. 517 N 5th St housing 11 units and has some beautiful original stain glass. 503 N 5th St has 3 units and vacant with a ton of opportunity. Main floor could be converted into additional units or a reception hall. 511 Robidoux (carriage house) has 3 units and a large vacant two car garage. Garage could be rented for additional income. Owners have made several capital improvements the last several years both inside and out. Rent roll/ Expense sheet/ Capital improvement available upon request.
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0BEDS
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0.92ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
This breathtaking 31 unit apartment complex sites downtown St Joseph MO on historical Robidoux Hill. Three large mansions and two carriage houses make up the complex. A lot of the original architect remains on the interior and exterior of the buildings. Currently at 80% occupancy and cash flowing. This sale includes:508 N 5th St housing 8 units. 415 Robidoux (carriage house) housing 6 units. 516 N 5th St, an empty lot that could be parking or build additional units. 517 N 5th St housing 11 units and has some beautiful original stain glass. 503 N 5th St has 3 units and vacant with a ton of opportunity. Main floor could be converted into additional units or a reception hall. 511 Robidoux (carriage house) has 3 units and a large vacant two car garage. Garage could be rented for additional income. Owners have made several capital improvements the last several years both inside and out. Rent roll/ Expense sheet/ Capital improvement available upon request.
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