RECENT RENOVATIONS (1407 BUILDING)

• The 1407 Southwest building was recently stripped down to the studs and constructed with all new plumbing, electrical, paint, floors, and installation. New roof overlay, 20-year warranty. New HVAC units.
• Each unit is metered by a device that measures each unit's electricity usage. Each tenant pays for their own electricity.

RECENT RENOVATIONS (1411 BUILDING)

• The 1411 Southwest building was recently stripped down to the studs and constructed with all new plumbing, electrical, and installation. There is a total of six HVAC units. Four of the six are new units.
• The apartments have been completely renovated with new floors, cabinets, kitchens, paint, and trim. All new windows except for the sliders.

STRONG HISTORICAL OCCUPANCY

• The tenant "The Entertainer" which comprises 47% of the 1407 Southwest Building, has been operating from this location for over 26 years. New ownership started February 2022 - (new owner has an Engineering degree from Missouri University of Science and Technology also has an MBA from University of Michigan), signed a 5 year lease.

POTENTIAL BUILDING EXPANSION

• The site plan on page 10 shows where potential expansion could be located. Medical office would make sense when considering there's pharmacy next door, oral surgery center across the street, and neurology center down the street. Multi-family may also make sense as well. Buyer should check with the city in regards to property type and parking requirements.

STRONG LOCATION

• Conveniently located about one mile west of the 54 Freeway and 1.5 miles from the 50 Freeway.
• Jefferson City is the capital of Missouri and the subject property is only a 30-minute drive from the University of Missouri in Columbia.