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Listed by Brice Bradshaw • Compass Realty Group
$ 9,495,000
Est. payment /mo
Active
6822 Chapel DR Belton, MO 64012
7.2 Acres Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Georgetown South
MLS Listing ID 2539548
Year Built 1986
Annual Tax Amount $66,654
Lot Size 7.200 Acres
Acres 7.2
Property Sub-Type Apartment
Source hmls
Property Description
Located in the heart of Belton, Missouri, the Georgetown Apartments and Townhomes spans over 7 acres encompassing 9 buildings. The expansive 104-unit apartment complex offers a variety of floorplans including studios, 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom units, ensuring a broad appeal to tenants with diverse needs and preferences. Centered at the site is the spacious community clubhouse (over 4,000 SF) offering a pool, designated offices, community kitchen/fireplace and public bathrooms. Built in phases (1973, 1986 and 1987), the property provides approximately 242 off-street parking spaces to tenants as well as community picnic/grill areas and ample green space. This well-maintained strategically located asset provides a range of living options, amenities and substantial potential for future development in an area poised for continued growth due to ongoing developments and job centers (Southview Commerce Center) in the vicinity.
Of the 104 units at Georgetown, 24 are considered townhome units, varying from 2-bedroom to 4-bedroom layouts (all 2-story floorplans). The townhome units differ from the 80 apartment units in that they possess fully equipped kitchens, central air/heat, individual hot water heaters, washer/dryer hookups and basements. The 80 apartments units (ranging from studios to 2-bedroom units) provide ample closet spaces, PTAC units (cooling/heating), carpet/vinyl/laminate flooring, vaulted ceilings/skylights (2nd floor units) and balconies/patios. Water reimbursement fees have been implemented to recoup the landlord paid water bills ($65/month to $75/month – varies by unit). The apartment buildings are each serviced with coin-operated laundry care centers (5 buildings – Jetz lease) located in the basements. The buildings are separately metered for gas/electric and have common water/hot water. The property has a history of high occupancy (over 98% occupied over last 2 years) with excellent on-site management/maintenance.
Of the 104 units at Georgetown, 24 are considered townhome units, varying from 2-bedroom to 4-bedroom layouts (all 2-story floorplans). The townhome units differ from the 80 apartment units in that they possess fully equipped kitchens, central air/heat, individual hot water heaters, washer/dryer hookups and basements. The 80 apartments units (ranging from studios to 2-bedroom units) provide ample closet spaces, PTAC units (cooling/heating), carpet/vinyl/laminate flooring, vaulted ceilings/skylights (2nd floor units) and balconies/patios. Water reimbursement fees have been implemented to recoup the landlord paid water bills ($65/month to $75/month – varies by unit). The apartment buildings are each serviced with coin-operated laundry care centers (5 buildings – Jetz lease) located in the basements. The buildings are separately metered for gas/electric and have common water/hot water. The property has a history of high occupancy (over 98% occupied over last 2 years) with excellent on-site management/maintenance.
Location
State MO
County Cass
Zoning R
Interior
Heating Forced Air, Heat Strip, Other
Cooling Electric, Window Unit(s)
Fireplace N
Exterior
Parking Features false
Utilities Available Cent Water Heater, Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Other
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick Veneer,Frame,Vinyl Siding
Schools
School District Belton
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
