This investment portfolio is a turn-key and well-maintained that comprises of 7 single-family homes. The assets all have open floor plans and reside in East Springfield, South Springfield.This opportunity has incredibly strong historical occupancy and is currently 100% occupied with quality tenants and a waiting list. The portfolio Unit Mix is Five3BR/2BA,One3BR/1BAand One2BR/1BA.All properties have 2-car garages with the exception of one, 1-car garage.Median SF across all 7 properties = 1, 231 sf.There are also numerous ways to add value and increase rates by more than 25% per unit. All properties are well maintained and have had renovations as recently as 2023. The properties are near great restaurants and shopping options. They are also within a few miles of hospitals,…
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The average household income in
Springfield, MO
grew
from
$33,769
to
$34,775
in the past year. This data is an estimate based upon
72,765
households in
Springfield, MO. The chart below presents how household income is distributed in
Springfield, MO
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Springfield, MO
compared to median property taxes around the country. The prevalent amount of property taxes in
Springfield, MO
equals
$800-$1,500
, which is
more
than the national average.