MO
Franklin
Washington
63090
1027 Caroline Drive
1027 Caroline Drive, Washington, MO 63090
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Listing Type
Multi Family
Listing Status
Active
19
$10,500,000
Home Details for 1027 Caroline Drive
Price
$10,500,000
Type
Residential Income
Square feet
105000
Year built
1974
County
Franklin
Days on site
39
MLS Listing#
26038016
Property Description
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
Property Features
Cooling Information
- Central Air
- Wall Unit(s)
School Information
School Information for 1027 Caroline Drive, Washington, MO 63090
Elementary School
South Point Elem.
Middle School
Washington Middle
High School
Washington High
Listing Courtesy: Salient Realty Group, LLC - 314-374-3687
Presented by: Garen Lafser
Based on information submitted to the MLS GRID as of 2026-06-15 17:50:28 . 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.Transportation
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Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Mid America Regional Information Systems.
EXIT ELITE REALTY
630 Jeffco Blvd, Arnold, MO 63010Office
636 464 3222
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