Village Place Apartments

Bethany MO

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Property

  • The subject is a garden apartment complex totaling 14,705 SF GBA with six residential buildings having four, 570 SF units each.
  • 1,025 sf clubhouse/office building.
  • Built in 1982.
  • 94,087 SF site.
  • Located in single family neighborhood.

Occupancy/Tenancy

  • Current occupancy 100% Section 8.

Location and Market

  • The subject is located in the Bethany, Missouri, submarket, 90 miles, northeast of Kansas City and south of Des Moines, Iowa.

Bethany is the seat of Harrison County largely agricultural community with highway services and a residential base which grew from around the Courthouse.

Property Specifications:

  • Price: $700,000
  • Cap rate: 8%
  • Net Operating Income: $58,000 a Year
  • Lease Commenced: Built in 1982
  • Building Size (sf): 14,705 sf
In order to receive more information please complete a buyer's form or call 314-997-5227. Westwood Net Lease Advisors specializes in many off-market opportunities that can't be listed online.