Excellent opportunity to acquire a high-occupancy 12-unit apartment complex with 12 additional on-site storage units in the rapidly growing Troy, Missouri market. Offered at $1,150,000, this stabilized investment features a mix of one-bedroom and two-bedroom apartments along with twelve storage units, providing diversified income and long-term upside. Current gross rental income is $10,355 per month with market rent potential estimated at approximately $10,900 per month. Annual NOI is approximately $81,595, reflecting a 7.1% cap rate at the asking price. Most apartment units have already been renovated, minimizing immediate capital expenditures while leaving additional value-add potential through future rent increases and storage income optimization. Investment Highlights: • 12 Apartment Units • 12 On-Site Storage Units • High Occupancy • Mix of 1-Bedroom & 2-Bedroom Units • Most Units Renovated • Current Gross Monthly Rent: $10,355 • Estimated Market Rent: $10,900+/Month • Annual NOI: Approximately $81,595 • 7.1% Cap Rate at Asking Price • Strong Workforce Housing Demand • Limited Competing Apartment Inventory • Located in One of Lincoln County's Fastest-Growing Markets Current rent roll, T-12 financials, and additional income/expense information are available upon request. Property is being offered subject to interior inspection. To minimize disruption to tenants, interior showings will be scheduled following an accepted contract.
0 Bed
0 Bath
9,630 sq.ft
$0 per sq.ft
Apartment Style
$ 1,150,000
Active
0
26046395
0
0
9,630
Browns Add
Troy R-III
Lincoln
Residential Income
Apartment Style
Residential Income
$4,866
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 139 Palace Way Drive, Troy, MO 63379 | 4/3 | 1,430 | $339,000 | $339,000 100% of ask |
Sep 4, 2026 |
| 224 Parkway Drive, Troy, MO 63379 | 3/2 | 1,058 | $269,900 | $265,000 98.2% of ask |
Sep 3, 2026 |
| 22 Brittany Court, Troy, MO 63379 | 2/2 | 1,280 | $195,000 | $155,000 79.5% of ask |
Sep 3, 2026 |
| 210 Hawkins Ridge Court, Unincorporated, MO 63379 | 3/2 | 1,185 | $375,000 | $375,000 100% of ask |
Sep 2, 2026 |
| 302 S Lincoln Drive, 302-304, Troy, MO 63379 | 0/0 | -- | $2,500 | $2,500 100% of ask |
Sep 1, 2026 |
| 105 Mobile Manor Drive, Unincorporated, MO 63379 | 5/2 | 1,568 | $165,000 | $163,500 99.1% of ask |
Aug 31, 2026 |
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You know how there is always that home you wish you had an opportunity to buy? Here it is! This American Farmhouse style with Victorian influences is available and is your chance to own it rather than wish you did. Inside is a mix of modern and period touches for example the kitchen has been updated but there is the original banister up the stairs and some period wallpaper. There is an elegant fireplace and grand dining room and more. The tax records show a build date of 1960. However the owner says it is believed to date to 1908. The 1960 date is in reference to an addition being added. This home sits on about 3/4 of an acre lot and has an outdoor garage and paint shop just perfect the car guy. The house is all electric but the garage is gas and features a heated floor to boot. There is just too much that can be said about this property, the best thing to just see it for yourself. Coming soon date is extended to get through the estate sale happening 9/5 and 9/6 and then to get reorganized.
Welcome to 139 Wisteria Lane in Troy! Situated on 3 acres with minimal restrictions, this 3-bedroom, 2-bath manufactured home offers country living with added income potential. The home features a spacious primary suite, comfortable living areas, a nice deck for relaxing or entertaining, a durable metal roof, and a newly drilled well. A unique bonus is the second mobile home pad with a separate meter already in place, offering potential for an additional rental or other use. Property cannot be subdivided. Whether you're looking for a place to call home, an investment opportunity, or a property with room and flexibility, this one is worth a look!
Rare opportunity to own this spacious custom built atrium ranch nestled on 4+ picturesque acres in a private cul-de-sac setting! Offering 2 main-floor bedrooms plus an additional sleeping room in the professionally finished walk-out lower level, this home delivers the perfect combination of space, privacy, modern updates, and peaceful country living. Step inside to a bright, soaring foyer that welcomes you into an open and inviting floor plan. The spacious kitchen is a chef's dream, featuring gleaming granite countertops, a tastefully designed backsplash, stainless steel appliances, center island, and an abundance of cabinetry—perfect for both everyday living and entertaining. Just off the kitchen, the separate dining area provides access to the screened-in porch, where you can relax and enjoy views of the beautiful acreage. The vaulted great room is a true centerpiece of the home, featuring a propane fireplace and an impressive wall of windows overlooking the backyard, filling the space with natural light and bringing the outdoors in. A spacious main-floor laundry room adds everyday convenience. The primary suite offers its own private retreat with direct access to a balcony overlooking the acreage—the perfect spot to enjoy your morning coffee or unwind at the end of the day. Downstairs, the professionally finished walk-out lower level greatly expands the home's living space with a large open family room, additional sleeping room, full bathroom, and generous storage space. Outside, enjoy more than 4 acres of your own private oasis with plenty of room to relax, entertain, and enjoy nature. A large deck, screened-in porch, balcony, and detached garage make the outdoor space just as impressive as the interior. Notable updates include HVAC (2019), roof (2021), granite countertops, kitchen flooring, lower-level carpeting, screened-in porch, and detached garage. If you've been searching for peaceful country living without sacrificing space, comfort, or modern updates, 174 Denise Ct may be exactly what you've been waiting for!
