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7036 Raider Road, 
Bonne Terre, MO 63628

$2,995,000


Bed


Bath


98,881

Sq Ft


Multi-Family

Active

Listed by

Nicholas Smyrniotis

Apartment Advisors Of America LLC.

Last updated:

July 31, 2025, 03:08 PM

MLS#

25040077

Source:

MO MARIS

About This Home

7036 Raider Road

Back on the market with 95% occupancy and a highly motivated Seller, Sunshine Apartments presents an exceptional chance to acquire a fully renovated, income-generating 40-unit apartment complex YEAR ONE! Future-proofed interiors featuring granite countertops, full appliance packages, and durable LPV flooring. Electric sleeve units for heating and cooling, paired with instant propane-powered hot water heaters. Solar panels supply approximately 50% of the property’s electricity needs. Majority of units benefit from well water access. These eco-friendly systems significantly reduce operating expenses, ensuring higher ROI and long-term value. Current rents include utilities, laundry, and internet. By implementing a $30/month utility surcharge, boosting annual income by $14,400, totaling cash flow to $78,806 annually. Offered at an 8.4% cap rate with a 7.5% cash-on-cash return. 80% LTV with a 1.29 DSCR—an unparalleled opportunity in today’s market.

Home Facts

Multi-Family

Built in 1968

Price Summary

2,995,000

$30 per Sq. Ft.

MLS #:

25040077

Last Updated:

July 31, 2025, 03:08 PM


Rooms & Interior

Interior

Living Area:

98,881 Sq. Ft.


Structure

Structure

Architectural Style:

Low/1-2

Building Area:

98,881 Sq. Ft.

Year Built:

1968


Finances & Disclosures

Finances

Price:

$2,995,000

Price per Sq. Ft:

$30 per Sq. Ft.

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Copyright 2025 Mid America Regional Information Systems, Inc. Information from Third Parties, Deemed Reliable but Not Verified. Last Updated July 31, 2025

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