1420 Ranch Motel Drive
Salem, MO 65560
- – beds
- – baths
- – sqft
- 1995 build
- – on site
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INVESTORS - You will want to add this multi-family building to your portfolio! It has 12 units with a superb rental history! It has 3 - 2 bed/1 bath units and 9 - 1 bed/1 bath units that come equipped with a stove, refrigerator, central air and are all electric. It has a large graveled parking lot and the building has been very well maintained. All the utilities are included in the rent price which has led to the popularity of these rentals and they rarely sit vacant between tenants. This is one to consider - financials available upon request.
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Last updated May 2, 2025
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MLS# 20031324 —
The Building
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Year Built:1995
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Number Of Buildings:1
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Construction Materials:Vinyl Siding
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Architectural Style:Low/1-2
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Number Of Units Total:12
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Basement:false
Interior
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Laundry Features:None
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Fireplace:false
Financial & Terms
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Possession:Subject To Tenant Rights
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Ownership Type:Private
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Listing Terms:Cash, Conventional
Location
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Longitude:-91.55339
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Latitude:37.637358
The Property
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Property Sub Type:5 Family or More
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Property Type:Residential Income
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Parcel Number:08-6.0-24-2-05-009.001
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Lot Size Units:Acres
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Lot Size Dimensions:IRR
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (573) 364-8111
- Office phone:
- (573) 364-8111
Taxes
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Tax Year:2019
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Tax Annual Amount:$3,668
Heating & Cooling
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Cooling:Central Air, Electric
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Heating:Forced Air, Electric
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Electric Water Heater
Schools
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Elementary School:Wm. H. Lynch Elem.
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Middle School:Salem Jr. High
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High School:Salem Sr. High
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High School District:Salem R 80
The Community
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Subdivision Name:None
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Pool:No
Parking
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Parking Features:Assigned
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Garage:false
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Carport:false
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/17/20
Nov 17, 2020
|
Sold | MARIS | $299,500 |
