207 Main Street, Louisiana, Missouri, United States, 63353

1,000,000
for Sale
14,592.6

About the property:

Beautiful 20-Unit All-Brick Apartment Complex Overlooking Courtyard & River Views Exceptional investment opportunity featuring a well-maintained, 20-unit, all-brick apartment complex overlooking a serene green-space courtyard and the majestic Mississippi River. This property operates under a multi-year Housing Assistance Payment (HAP) contract through the U.S. Department of Housing and Urban Development, making it eligible for automatic annual OCAF rent increases—providing stable, predictable income. Residents enjoy clean, functional living with coin-operated laundry facilities on both the upper and lower levels. The property is located within walking distance of local restaurants, clinics, shops, and other amenities, offering excellent convenience for tenants. This subsidized housing community serves residents age 62 and older, as well as disabled individuals, and is home to many long-term, loyal tenants—reflecting the property’s strong reputation and consistent demand. A rare chance to acquire a reliable, income-producing asset with built-in rent growth and a highly stable tenant base.
Property Type:
5 Family or More
Status:
for Sale
House Style:
Apartment Style
Acres:
0.335
Square Feet:
13420
Cross Street:
South Main and North Carolina
Directions:
From Highway 54 in Louisiana, head south on Main Street. Continue south past the downtown. The apartment complex will be on the right-hand side at 207 South Main Street, Louisiana, MO 63353.
Is Art:
Yes
Is Apartment:
Yes
Is Convenience:
Yes
Is Investment:
Yes
Is Laundry:
Yes
Is Other:
Yes
Is Spa:
Yes
Is Unit:
Yes
Listing ID:
MIS25083020

Rooms

Dimensions

Brokered by:
Juncture Real Estate
Presented By: