5213/5217 Collier Court, Jefferson City, MO 65109

Property Description

8 Units Turnkey w/ 100% occupancy - Updated Units | Here's your chance to own a cash-flowing, fully occupied 8-unit apartment package in a strong rental location. These two 4-unit buildings features four 2 bed / 1 bath units (875 sq ft each) -- 7 of 8 recently renovated -- and is an ideal investment for both first-time multi-family buyers and seasoned investors. Key Highlights: Immediate Cash Flow: Current rent roll $7,220/mo with upside. New leases $850-$925/mo. Tenant-Paid Utilities: Water, sewer, and trash billed back monthly, boosting NOI. Recent CapEx Improvements: New LVP flooring in units & entry stairway Fresh paint throughout Updated appliances, lighting, trim, and doors Multiple newer water heaters Painted kitchen cabinets & new exterior entry door. 100% Occupancy! Hassle-Free Operations: on-site contractor willing to remain. Solid brick & siding construction for low maintenance Simple, efficient floorplans that appeal to long-term tenants Shared off-street parking lot. Convenient to schools, shopping, and main roads, ensuring steady rental demand.