$2,700,000

1 Proactive Drive, New Florence, MO 63363

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1982
  • Property Lot Size Icon2.93acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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.

Listing Status:
Pending
Date Added:
January 7, 2026
Data Last Updated:
April 1, 2026 at 7:16AM
Listing Office:
Salient Realty Group, LLC : 314-374-3687
MLS ID:
26000912
  • Appliances: RefrigeratorElectric Water Heater
  • A/C: ElectricWall Unit(s)
  • Heating: ElectricForced Air
  • Style: Apartment Style
  • Parking: OpenParking Lot
  • General: Vinyl SidingApartment Style
  • Originating MLS: maris2
  • School District: Montgomery Co. R-II
  • County: Montgomery
  • Zoning: 11-8.0-27-000-000-016.001
  • Water: Public
  • Source: maris2
  • Ownership: Private

This listing courtesy of Salient Realty Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Montgomery City Elementary School

817 N Harper St, Montgomery City, MO, 63361

Grades PK-5

6.34 miles away

M

Montgomery County Middle School

418 N Highway 19, Montgomery City, MO, 63361

Grades 6-8

3.89 miles away

M

Montgomery County High School

394 N Highway 19, Montgomery City, MO, 63361

Grades 9-12

3.76 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.