5007 Brookhaven Drive

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5007 Brookhaven Drive

St Joseph, MO 64507
Asking Price
$55K
Asset Type
Multifamily
Class
Class B

What's Special

5007 Brookhaven Drive is located in the northern region of St. Joseph, Missouri, situated within a primarily residential neighborhood characterized by quiet streets and mature landscaping. The property offers proximity to North Belt Highway, a major commercial corridor providing access to national retailers, grocery stores, and diverse dining options. Nearby amenities include recreational areas like Krug Park and Northside Complex. The location is served by the St. Joseph Transit system and is positioned within three miles of Missouri Western State University and Mosaic Life Care, two of the city’s largest employers. This multifamily asset is suited for long-term residential rental use, benefiting from its placement near local employment hubs and educational institutions. The location typically attracts a tenant profile consisting of healthcare professionals, university staff, and service-sector employees seeking a suburban setting with direct access to urban conveniences. Its configuration allows for stable occupancy through traditional year-long leases. The property functions as a workforce housing option for those who prioritize a residential atmosphere while maintaining a short commute to the city’s primary business and industrial districts.

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NOI
$80,000
Cap Rate
145.45%
DSCR
24.50
Strong
Cash-on-Cash
465.06%
Monthly Payment
$272.11
Annual Cash Flow
$76,734.68

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