Subject-To
Sub-To Deal · Single Family, St Joseph, MO · Motivated Seller
1211 N Belt Hwy, St Joseph, MO · Listed Jan 2025
The seller hasn’t added photos yet
Property typeApartment
Units110
Living area37,958 sqft
Lot2.3 acres
Year built1958
About this deal
Subject-to existing financing on a 3-bed, 2.0-bath single-family home in St Joseph, MO. Take over the existing mortgage payments and acquire the deed for $75,000. Seller is motivated; equity in the property from day one. Sub-to due diligence package available on request.
The numbers
- Cap rate
- 10.8%
- Net operating income
- $23,016/yr
- Cash flow
- +$1,918/mo
- Occupancy
- 22 of 110 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.