Active MLS# 26038016

1027 Caroline Drive, Washington, MO 63090

Subdivision: Sunrise Valley & Madison Place Apartments

List Price: $10,500,000

0

Bedrooms

N/A

Baths

0

Area (sq.ft)

2 Story

Type

4

Days on Market

Call Agent

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 Information

List Price $ 10,500,000

Original Price $ 10,500,000

Status Active

MLS# 26038016

Bedrooms 0

Full baths 0

Half baths 0

Main Floor Full Baths 0

Sq. Ft. Above 0

Lot Size

Acres

Subdivision Sunrise Valley & Madison Place Apartments

Municipality Washington

School District Washington

County Franklin

Property Type Residential Income

Style 2 Story

Style Description

Transaction Type

Special Conditions Standard

Type

Building Exterior Amenities

Building Style Apartment Style

Ownership

Special Description Standard

Appliances Some

Additional Information

Elementary School South Point Elem.

Jr. High School Washington Middle

Sr. High School Washington High

Association Fee None

Architecture Apartment Style

Construction Brick

Garage Spaces

Carport Spaces 0

Basement Description

Fireplace Type

Fireplace Location

Lot Dimensions

Special Areas

Cooling Central Air,Wall Unit(s)

Sewer Sewer

Heating

Water

Heat Source

Kitchen

Appliances

Dining

Interior Decor

Property Tax $

Map Location

Directions

Change History

Date	Change Type	Previous	New
Jun 15, 2026	New Listing	Active	Active
Jun 15, 2026	New Listing	10500000	10500000

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