Back

1 of 52

2 of 52

3 of 52

4 of 52

5 of 52

6 of 52

7 of 52

8 of 52

9 of 52

10 of 52

11 of 52

12 of 52

13 of 52

14 of 52

15 of 52

16 of 52

17 of 52

18 of 52

19 of 52

20 of 52

21 of 52

22 of 52

23 of 52

24 of 52

25 of 52

26 of 52

27 of 52

28 of 52

29 of 52

30 of 52

31 of 52

32 of 52

33 of 52

34 of 52

35 of 52

36 of 52

37 of 52

38 of 52

39 of 52

40 of 52

41 of 52

42 of 52

43 of 52

44 of 52

45 of 52

46 of 52

47 of 52

48 of 52

49 of 52

50 of 52

51 of 52

52 of 52

1325 S Lillian Ave
Bolivar, MO 65613

$9,750,000 USD

Apartments For Sale • 122,400 SF

Property Details

Property Type Apartments
Total Building Size 122,400 SF
Lot Size 6.6 AC
Building Class C
Year Built 2006
Cap Rate 6.24 %
Zoning Multi-family

40 Walk Score

                
                    Highlights
                
                                96-unit, approximately 98%-occupied multifamily community near Southwest Baptist University
                            
                                Significant embedded rent growth: $150 monthly increases are actively being implemented across the property
                            
                                $554,000 actual NOI with projected one-year pro forma NOI of $708,234
                            
                                Potential expansion opportunity for approximately 30 to 40 additional units on adjacent acreage included with the property
                            
                                Strong on-site management and recent property improvements, including new LVP flooring and carpet in numerous units

Property Flyers

Analysis and Rent Roll

Financial Summary (Proforma)

Net Operating Income: $608,406 USD (2026)

Cap Rate:	6.24 %
Total Expenses:	$320,094 USD

Amenities

24 Hour Access
Air Conditioning
Balcony
Cable Ready
Dishwasher
Disposal
Fitness Center
Laundry Facilities
Playground
Laundry Service
Refrigerator
Oven
Range
Smoke Free
Wheelchair Accessible (Rooms)
Walk-Up

Public Transportation

Airport	Drive	Walk	Distance
Springfield-Branson Ntl	48 min	-	34.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	193
Type:	Surface
Included in Rent:	Yes

Eva Norton 660-628-2793 The Next Door Agents

1325 S Lillian Ave Bolivar, MO 65613