Chickadee Court

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Chickadee Court

Agency, MO 64401
Asking Price
$220K
Asset Type
Multifamily
Class
Class B

What's Special

Chickadee Court is located in Agency, Missouri, a quiet village southeast of St. Joseph. The neighborhood is primarily residential, characterized by a low-density, rural-suburban atmosphere with mature trees and large lots. Basic amenities are available in the immediate vicinity, while comprehensive retail, dining, and healthcare services are accessible within a fifteen-minute drive to St. Joseph or the nearby city of Gower. The property offers convenient access to U.S. Route 169 and Interstate 29, facilitating commutes across the Buchanan County region. This multifamily asset is suited for long-term rental use or a small-scale apartment conversion. The location typically attracts a tenant profile seeking a quieter residential environment away from urban centers while remaining within commuting distance of major regional employers. Prospective residents often include local workforce members, small families, or individuals who prioritize a rural setting with lower traffic volumes. The site’s positioning within the East Buchanan C-1 School District serves as a primary draw for households with school-aged children.

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NOI
$80,000
Cap Rate
36.36%
DSCR
6.12
Strong
Cash-on-Cash
101.42%
Monthly Payment
$1,088.44
Annual Cash Flow
$66,938.72

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