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Listed by Michelle Lutz • Lutz Sales + Investments
$5,000,000
Est. payment /mo
4.63 Acres Lot
Pending
1121 N College DR Maryville, MO 64468
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Key Details
Property Type Single Family Home, Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 2623452
Year Built 1972
Annual Tax Amount $33,452
Lot Size 4.630 Acres
Acres 4.63
Property Sub-Type Apartment
Source hmls
Property Description
Campus View Apartments, a 108-unit multifamily community located in Maryville, Missouri. Campus View represents a clear, execution-oriented value-add opportunity, with the majority of units remaining in classic condition and the ability to drive approximately $100 per unit in monthly rent upside through light, cost-effective interior renovations. The property features a well-balanced mix of one- and two-bedroom floor plans that align with the primary renter base in Maryville, including students, university staff, healthcare workers, and other local employees. Campus View benefits from a walkable location near Northwest Missouri State University, durable local demand drivers supported by education and healthcare employment, and limited new multifamily supply. Importantly, ownership has completed approximately $835,000+ of capital improvements since 2022, positioning new ownership to focus future investment on revenue-generating interior upgrades rather than near-term deferred maintenance. Together, these characteristics present investors with a compelling opportunity to enhance cash flow and long-term value within a stable, supply-constrained market. All information is reliable but not guaranteed.
Location
State MO
County Nodaway
Zoning R4
Interior
Heating Natural Gas
Cooling Other, Window Unit(s)
Fireplace N
Exterior
Parking Features false
Utilities Available Cent Water Heater
Roof Type Other,Synthetic
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick,Wood Siding
Schools
School District Maryville
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.dropbox.com/scl/fo/lubdamnepclgg38zrb76k/AAniQHRsq6NkyHAr6PHHZTQ?rlkey=jey8zatmgqh2oqj5qkyh3nwb5&st=2tjkefuc&dl=0
NEARBY SCHOOL & BUSINESS
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