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$10,500,000
55 Days On Site
1027 Caroline DriveWashington, MO 63090
For Sale|Multi Family|Active Under Contract
0
Beds
0
Total Baths
105,000
SqFt
$100
/SqFt
1974
Built
Subdivision:
Sunrise Valley & Madison Place Apartments
County:
Franklin
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115-unit value-add multifamily portfolio | 8.05% in-place (T3) cap, 9.41% proforma stabilized Strong unit mix - 80% of units are 2 beds Proven rent-up model: 2/3rds of units renovated, 1/3rd remaining for proven upside Market rent spread of at least $137/unit/month across non-renovated units High growth submarket - Franklin County: 4% vacancy, 2.2% annual population growth Dual-asset structure: 89-unit flagship complex and 26-unit garden community Extremely supply-constrained submarket
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Listing Snapshot
Price
$10,500,000
Days On Site
55 Days
Bedrooms
N/A
Inside Area (SqFt)
105,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1974
MLS® Number
26038016
Status
Active Under Contract
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
Recent Activity
| 2 weeks ago | Status changed to Active Under Contract | |
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
General Features
Disclosures
None
Levels
Two
Property Sub Type
Multi Family
Special Circumstances
Standard
Style
Apartment Style
Interior Features
Cooling
Central AirWall Unit(s)
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Exterior Features
Construction Details
Brick
Community Features
MLS Area
366 - Washington School
School District
Washington
Township
Washington
Schools
School District
Washington
Elementary School
South Point Elem.
Middle School
Washington Middle
High School
Washington High
Listing courtesy of Salient Realty Group, LLC
Based on information submitted to the MLS GRID as of 2026-08-10 10:24 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the MLS GRID as of 2026-08-10 10:24 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Neighborhood & Commute
Source: Walkscore
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