Sign In

Close

x
Showing 1 of 0
X
Save
1027 Caroline Drive Washington MO 63090US26038016
1027 Caroline Drive WashingtonMO63090
10500000.0000 1/1/1900 12:00:00 AM
Realty Executives Premiere (Pacific)
208 W. St Louis StreetPacificMO63069
636-271-5555

1027 Caroline Drive
Washington MO 63090 US

Save
1 /

Courtesy of: Garen Lafser, Salient Realty Group, LLC, glafser@salientrealtygroup.com

Realty Executives Premiere (Pacific)
208 W. St Louis Street
Pacific, MO, US 63069
636-271-5555

Get more info about this property

1027 Caroline Drive
Washington MO 63090 US

$10,500,000

Active Listing ID 26038016
home icon
Other

$10,500,000

Active Listing ID 26038016
Save
3d icon
Maps

1027 Caroline Drive 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

Collapse all

Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air, Multi Units, Wall Unit(s)

School Information

  • School
  • South Point Elem.(Elementary)
  • Washington Middle(MiddleSchool)
  • Washington High(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 10500000
  • unparsedaddress: 1027 Caroline Drive
  • postalcity: Washington
  • stateorprovince: MO
  • country: US
  • postalcode: 63090
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 105000
  • livingareaunits: Square Feet
  • latitude: 38.53944178
  • longitude: -91.00180976
  • listagentfullname: Garen Lafser
  • listagentemail: glafser@salientrealtygroup.com
  • listagentkey: 3yd-MARISMO-GALAFSER
  • listagentmlsid: GALAFSER
  • listagentpreferredphone: 3143743687
  • listagentofficephone: 3143743687
  • listofficekey: 3yd-MARISMO-SLRG01
  • listagentstatelicense: 2015014613
  • listofficemlsid: SLRG01
  • disclaimer: Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MARISMO
  • yearbuilt: 1974
  • listagenturl: http://www.salientrealtygroup.com
  • countyorparish: Franklin
  • parcelnumber: 10-7-26.0-2-011-077.001
  • elementaryschool: South Point Elem.
  • highschool: Washington High
  • elementaryschooldistrict: Washington
  • middleorjuniorschooldistrict: Washington
  • highschooldistrict: Washington
  • cooling: Central Air, Multi Units, Wall Unit(s)
  • constructionmaterials: Brick
  • numberofunitstotal: 115
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -91.00181, 38.53944
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Salient Realty Group, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"glafser@salientrealtygroup.com", "ListBrokerageCity":"St. Louis", "ListBrokerageCountry":"US", "ListBrokerageEmail":"glafser@salientrealtygroup.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Salient Realty Group, LLC", "ListBrokeragePhone":"(314) 374-3687", "ListBrokeragePostalCode":"63110", "ListBrokerageStateOrProvince":"MO", "ListBrokerageUnitNumber":"Suite 2", "ListBrokerageUnparsedAddress":"1000 S Newstead Ave", "ListBrokerageWebsiteUrl":"http://www.salientrealtygroup.com", "ListOfficeAddress1":"1000 S. Newstead Ave Ste 2", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"GALAFSER", "ListOfficeCity":"Saint Louis", "ListOfficeCountry":"US", "ListOfficeEmail":"glafser@salientrealtygroup.com", "ListOfficePostalCode":"63110", "ListOfficeStateOrProvince":"MO", "ListPriceCurrencyType":"USD", "ListingTitle":"5 Family or More, Apartment Style - Washington, MO", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1027-Caroline-Dr-Apt-1_Washington_MO_63090_M85077-61663?f=listhub&s=MARISMO&m=26038016&c=rexren", "MLSModificationTimestamp":"2026-06-15T23:01:38Z", "Neighborhoods":[{"Description":null, "Name":"366 - Washington School"}], "PostalCode":null, "RawPropertySubType":"5 Family or More", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/16/2026 12:04:14 AM GMT
Source Updated Date: 6/24/2026 12:56:15 AM GMT

Courtesy of: Garen Lafser, Salient Realty Group, LLC, glafser@salientrealtygroup.com

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact