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5 Family or More, Apartment Style - New Florence, MO

This well-maintained 36-unit property features 31-1beds, 4-2beds, and 1 commercial space. The asset has undergone major capital improvements in the last few years, including a new roof, new siding, and electrical upgrades, delivering true peace of mind for the next owner. With these significant updates completed, this is a low-maintenance, turnkey investment. The property is currently operating at an impressive 10% cap rate with stable operations, low vacancy, and strong cash flow. Rental demand remains consistent while the commercial space is a prime opportunity to add additional income. This asset offers both immediate and returns and future upside potential.

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Salient Realty Group, LLC

License #2019046652

Saint Louis, MO

(618) 567-8346

James Anderson

Salient Realty Group, LLC
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Provided By

Salient Realty Group, LLC, (314) 374-3687
Source: ListHub, MLS# 26000912
Listing status: Active
Listing last updated: January 8, 2026 at 6:41 PM
Listing last checked: January 8, 2026 at 6:30 PM
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