$397,392 Gross Scheduled Rent | ~$1,003 Avg Rent | Below-Market Rents
6 Vacant Units | Lease-Up or Airbnb Potential | 81.8% Occupied
Stabilized Cap Potential 7.5–8%+
Diverse Unit Mix: 1-5 Bedroom | SFR + Duplex/Small Multi
Professionally Managed | Keyless Entry | Shared Laundry on Some Units
Located in Cape Girardeau, MO - University Town with Strong Rental Demand
All Properties Individually Parceled | Flexible Exit Options
Turnkey Ready | Proof of Funds Required
Gross Scheduled Rent: $397,392
Estimated Operating Expenses (45%): $178,826
Estimated Net Operating Income (NOI): $218,566
Asking Price: $4,000,000
Stabilized Cap Potential 7.5–8%+
Vacancy: 6 Units (18.2%)
Current Gross Rent: $33,116/mo
Market Rent Potential: $39,000–$42,000/mo
Avg Current Rent: ~$1,003
Avg Market Rent: ~$1,200–$1,300
7.4% YoY rent growth (2024–2025)
< 4% rental vacancy rate
Strong demand for 2–3 bedroom homes
Rise in local Airbnb activity due to tourism & college events
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