Sunshine Apartments in St. Francois County, MO
Description
Sunshine Apartments, located at 7036 Raider Road in Bonne Terre, MO, is a recently renovated multifamily property offering a blend of comfort and affordability. The 1968-built complex underwent comprehensive upgrades in 2023 and 2024, enhancing its appeal to a diverse resident base.
Property Highlights:
Unit Mix: The community comprises 40 fully updated units, including studio, 1-bedroom/1-bath, and 2-bedroom/1-bath configurations.
Modern Interiors: Each unit features brand-new stainless steel appliances, soft-close cabinetry, and granite countertops.
Amenities: Residents benefit from shared laundry facilities equipped with commercial machines, all-electric heating, and included utilities, including free Wi-Fi.
Eco-Friendly Upgrades: The property boasts a 100 kWh solar system and on-demand water heaters, reducing energy expenses and increasing net operating income.
Additional Income: A portion of the parking lot is rented to an adjacent RV dealership, generating extra cash flow.
Investment Opportunity:
Sunshine Apartments presents a compelling investment with an average rent close to $1,000 per unit, indicating strong demand. The property’s recent renovations and eco-friendly features position it as a turnkey asset in the growing Bonne Terre community.
For more detailed information or to schedule a viewing, please contact us.
Address
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Address 7036 Raider Road, Bonne Terre, MO
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Country United States
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Province/State Missouri
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Postal code/ZIP 63628
Overview
- Property ID 9542
- Price $3,700,000
- Property Type Multi-Family
- Property status Featured Listing, Recently Listed
- Year Built 1968
- Units 40
Contact
Nicholas F. Smyrniotis
Property Agent