32-Unit Sedalia/Knob Noster Package

2 Multifamily Properties Offered at $850,000 in Multiple Locations

  • Price: $850,000

  • Number of Properties: 2

  • Price / SF: $26.34 / SF

  • Individually For Sale:  0

  • Cap Rate: 8.00%

  • Total Building Size: 32,274 SF

  • Sale Type: Investment

  • Total Land Area: 1.15 AC

  • Status: Active

  • Listing ID: 15673970


  • Knob Knoster property has a great tenant pool from Whiteman Air Force Base

  • Six remodeled units


This is a perfect example of a value-add multifamily investment in a steady renters market. Sedalia is growing with NuCor bringing 250 jobs paying an average of $65k a year. Knob Knoster has a great tenant pool from Whiteman Air Force Base. This package is ripe for redevelopment and there is an opportunity to double the rents.

• 3100-3108 Oak Brook Circle, Sedalia, MO 65301 & 962-966 NE 105th Road, Knob Noster, MO 65336
• 6 units have been remodeled
• Anchored by growing manufacturing business, short supply, and solid demand
• Multiple exit strategies with opportunity to reposition and sell or add value and hold
• 1 Million SF Dollar Tree Distribution Center/NuCor Steel nearby which created over 600 jobs

Contact: Audrey Navarro - Clemons Real Estate