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Description
Capstone Companies is pleased to present River Roads Estates and River Roads Manor. Situated in Jennings, Missouri, and built in 2007, these adjacent properties are being sold together. River Roads Estates includes 20 single-family detached homes, while River Roads Manor consists of a 94-unit garden-style apartment complex. Both properties are governed by a Land Use Restriction Agreement (LURA), ensuring stability in occupancy and predictable demand. With rents currently set below the maximum allowable rates, there is significant upside potential for rental income growth, making this an appealing acquisition for investors seeking both legacy assets and long-term returns.
Investment Highlights:Â
- Well-Maintained Legacy Asset
- Rents Below Maximum Allowable
- Desirable Differentiated Product Type:
- Garden apartments and detached single-family rental homes
Address
Open on Google Maps- Address 2380 Grand River Rd
- City Jennings
- State/county Missouri
- Zip/Postal Code 63136
Contact Information
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