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1020 Washington St
Doniphan, MO 63935

$1,650,000 USD

Apartments For Sale  •  18,616 SF

Property Details

  • Property Type Apartments
  • Total Building Size 18,616 SF
  • Lot Size 2.2 AC
  • Building Class C
  • Year Built 1982
  • Cap Rate 6.62 %
0 Transit Score
14 Walk Score

Highlights

Smith's Apartments in Doniphan, MO | Largest City in Ripley County.
100% Project Based Section 8 Subsidy Contract | Renewed Under Option 4 for 20 Years in 2008.
Located in Quality Census Tract (QCT) | 30% Eligible Basis Boost for Federal LIHTC.
Increased Housing Demand | From 2010-2024 Population in Five Mile Radius Grew by 18.1%.
Desirable Unit Mix | 50% of Units are 2 Bedrooms.
Cap Rate: 6.62 %

Amenities

  • Cable Ready
  • Washer/Dryer Hookup
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet
  • Dining Room
  • Family Room
  • Handrails
  • Lawn
  • Pantry
  • Vinyl Flooring
  • Window Coverings

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1
Type: Surface
Included in Rent: Yes
John Snee 781-248-0543 SAB Capital
John Snee 781-248-0543 SAB Capital