



203 N Price Lane - 15-Unit Apartment Complex | Clinton, MO 64735 Investment-Grade Multifamily Opportunity - 12.51% Cap Rate Offered at $900,000 ($60,000/unit), 203 N Price Lane is a fully-renovated 15-unit apartment community in Clinton, Missouri, delivering an outstanding 12.51% cap rate on current gross potential income. This all-2BR asset generates $135,000 in annual gross potential rent against just $22,365.89 in operating expenses, producing $112,634 in net operating income - a rare combination of scale, condition, and yield in today's market. Property Highlights: 15 units, all 2-bedroom floor plans, each renting at $750/month Purchased last year with extensive capital improvements already completed 14 of 15 units have been fully renovated - new interior finishes throughout New exterior siding installed on the entire building, significantly reducing near-term capex and boosting curb appeal Strong, simple expense structure: real estate taxes, insurance, and maintenance only Note: Figures reflect 100% occupancy (gross potential rent) with no deduction for vacancy/credit loss, water/trash, or property management fees. Prepared for informational purposes only. Owner/Agent
Email enquiry to EXP Realty LLC
Property ID: 110110095500
Original Property ID: 3yd-SEDWAR-104125