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:
Presented By: