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1121 N College Dr 108-Plex
B- Composite 68.7
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +28.8/30.0
  • DSCR +10.0/10.0
  • 1% rule +8.0/10.0
  • ARV discount +7.5/15.0
  • Livability +4.0/5.0
  • Condition / age +4.0/5.0
  • Schools +3.9/10.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$5,000,000

1121 N College Dr · Maryville, MO 64468
None bd · 11664.0 ba · — sqft · MultiFamily · 2 Days on market
Built 1972 Good condition 4.63 ac lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 108 units. confirmed

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks

Campus View Apartments, a 108-unit multifamily community located in Maryville, Missouri. Campus View represents a clear, execution-oriented value-add opportunity, with the majority of units remaining in classic condition and the ability to drive approximately $100 per unit in monthly rent upside through light, cost-effective interior renovations. The property features a well-balanced mix of one- and two-bedroom floor plans that align with the primary renter base in Maryville, including students, university staff, healthcare workers, and other local employees. Campus View benefits from a walkable location near Northwest Missouri State University, durable local demand drivers supported by edu

Key facts

  • Interior renovations
  • Capital improvements
  • Walkable location

Tags

MULTIFAMILY COMMUNITYINTERIOR RENOVATIONSWALKABLE LOCATIONCAPITAL IMPROVEMENTSREVENUE-GENERATING UPGRADES

Property features AI

Finance

  • Financial info: Gross income reported: $769,015; Operating expenses include real estate tax
  • HOA & community: No association fees

Exterior

  • Parking: 140 off-street paved parking spaces
  • Utilities: Public water; Public sewer; Central water heater
  • Home design: Apartment building (residential income); Two stories; Zoned R4
  • Construction: Brick and wood siding construction; Synthetic/other roof
  • Exterior features: Property not in a flood plain; Lot approximately 4.63 acres

Interior

  • Bedrooms: One-bedroom units (84 total); Two-bedroom units (24 total)
  • Bathrooms: One bathroom in each unit type
  • Heating & cooling: Natural gas heating; Window units and other cooling
  • Interior features: Residential income property with apartment units; Current occupancy approximately 80-90%

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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What this means for you Summary

Snapshot

  • This is a 108 × 1-bed/1-bath units multifamily listed at $5.00M. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $17k ($202k/yr) — positive. Per door: $156/mo.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($65k rent vs $5.00M).
  • Cap rate 10.3% vs local median 4.2% in Maryville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 79/100 on livability (#23 in MO, #2,122 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B+; Watch: employment D, commute F.
  • Maryville R-II (town): math 42% / reading 53% proficiency, ranked #79 of 324 in MO (top 24%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Eugene Field Elem. (math 47% / reading 52%, grade D, #284 of 1,115 statewide, top 30%, 318 students, 52% FRL); Maryville Middle (math 41% / reading 50%, grade D+, #105 of 391 statewide, top 27%, 442 students, 40% FRL); Maryville High (math 42% / reading 72%, grade C, #51 of 521 statewide, top 11%, 506 students, 31% FRL) — zoned schools average 41% FRL vs 25% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 133 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 49 units permitted in Nodaway County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $35k of loan paydown is wiped out by about $150k of value loss. Plan a longer hold.
  • Nodaway County population projected at -13% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $1.40M cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Recommended offer $5,000,000

Questions for the listing agent

  1. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  2. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  3. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.30%
Cap rate
10.33%
Cash-on-cash
14.42%
DSCR
1.64
GRM
6.4

CMA / ARV

No comps found within radius.

Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
926 N Buchanan St 0.44mi 12/6.0 1mo $610,000 46
915/917 N Fillmore St 0.42mi 8/9.0 6mo $450,000 43
825 N Buchanan St 0.49mi —/4.0 14,656 2mo $250,000 $17 43
111 W 9th St 0.51mi 16/6.0 6mo $649,000 39
315 W 4th St 0.58mi 7/4.0 6mo $314,000 36
316 N Fillmore St 0.62mi 4/4.0 4mo $329,000 35
614-616 W 2nd St 0.63mi 8/4.0 8mo $319,000 32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
4.8%
Equity multiple
1.19×
Total profit
$262,483
Equity at exit
$745,516
10-year hold
IRR
14.3%
Equity multiple
2.15×
Total profit
$1,612,559
Equity at exit
$432,309

Cash invested: $1,400,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
81 Strongly Landlord-Friendly
State Missouri
81 Strongly Landlord-Friendly · R+10
County
— inherits STATE
City
— inherits STATE
Generally landlord-friendly; St Louis has some habitability requirements.

ZIP-level market 64468

Home prices YoY
-25.4%
Active inventory
133
Price-to-rent
691.9×

Monthly cashflow live

Estimated rent
$65,039 high interval (Pro) →
Mortgage (P&I)
$26,221
Tax est. 1.5%
$6,250 /mo · $75,000/yr
Insurance
$2,083
HOA
$0
Vacancy / Maint / Mgmt
$13,658
Net cashflow
$16,827

Break-even live

Break-even rent $43,739
Max offer price $5,000,000
Occupancy floor 69%

Sensitivity live

Price -10% $20,282 -5% $18,555 +0% $16,827 +5% $15,099 +10% $13,372
Rent -10% $11,689 -5% $14,258 +0% $16,827 +5% $19,396 +10% $21,965
Rate -1.0pp $19,345 -0.5pp $18,099 base $16,827 +0.5pp $15,531 +1.0pp $14,213

108-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (108 units) $65,039

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$1,250,000
Closing costs
$150,000
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 5 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1115 N College Dr Maryville, MO 1.0–2.0 1.0 779 $715 $0.92 45d 45 0.03mi
218 Park Ave Unit 4 Maryville, MO 2.0 1.0 $795 45d 1 0.60mi
222 Park Ave Unit 218-4 Maryville, MO 2.0 1.0 $795 45d 1 0.61mi
316 N Fillmore St Apt : C Maryville, MO 64468 Maryville, MO 1.0 1.0 800 $800 $1.00 45d 1 0.62mi
112 E 3rd St Unit 114A Maryville, MO 2.0 1.0 $575 45d 1 0.77mi

Listing history 3 events

  1. 2026-06-04
    statusdays on market $5,000,000 Pending 2 DOM
  2. 2026-06-01
    remarks 699-char remark
  3. 2026-06-01
    listed $5,000,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥105°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$780,468
− Mortgage interest
−$280,078
− Property taxes
−$75,000
− Insurance
−$25,000
− Repairs & maintenance
−$62,437
− Management
−$62,437
− Depreciation
−$145,455
Taxable income
$130,061
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$31,215
After-tax cash flow
$170,709/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

Campus View Apartments is a well-maintained 108-unit multifamily property with good condition and potential for modest cosmetic updates to enhance its curb appeal and value.

Value-add opportunities

  • Both Paint exterior walls — Enhances curb appeal and can increase both resale and rental value.
  • Both Clean and maintain landscaping — Improves curb appeal and can increase both resale and rental value.
  • Both Update kitchen appliances — Modernizes the kitchen and can increase both resale and rental value.
  • Both Update bathrooms with modern fixtures — Modernizes the bathrooms and can increase both resale and rental value.

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint exterior walls — Enhances curb appeal and can increase both resale and rental value.
  • Both Clean and maintain landscaping — Improves curb appeal and can increase both resale and rental value.
  • Both Update kitchen appliances — Modernizes the kitchen and can increase both resale and rental value.
  • Both Update bathrooms with modern fixtures — Modernizes the bathrooms and can increase both resale and rental value.

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Maryville R-II
NCES district ID
2920490
Math proficiency
42% ▼ -5.00%
Reading proficiency
53% ▼ -2.00%
Median HH income
$35,045
Composite
39.24/100
National rank
#4005
State rank
#79 of 324 in MO

Livability — Maryville

Score
79/100
State rank
#23
US rank
#2122

Category grades

Amenities B- Commute F Cost of living A+ Crime B Employment D Housing B+ Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Maryville, MO
City population
14,315
Population (ZIP)
14,315

Population outlook (Nodaway County) Hauer SSP2

Today (2025)
22,010 people
By 2030
21,531 · -2.2%
By 2040
20,360 · -7.5%
By 2050
19,210 · -12.7%
By 2075
17,711 · -19.5%
By 2100
16,796 · -23.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (90%)
Race & ethnicity
White 90% Black 3% Hispanic / Latino 3% Two or more races 2% Asian 2%
Common ancestry
Slovak 3% Italian 3% Lithuanian 2%
Foreign-born
3% · Canada
Languages at home
97% English-only · Spanish 1% Other Asian/Pacific 1% German/W. Germanic 0%

Political lean MEDSL · Nodaway

2024 margin
Solid R (+43.7) · D 27.6% · R 71.4% · Other 1.0%
2008→2024 swing
-33.2pp toward R · 2008: -10.5pp · 2024: -43.7pp
All cycles
2024: R+43.7 2020: R+40.5 2016: R+40.8 2012: R+27.0 2008: R+10.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -65.91%
Current HPI
193.2735
Rent YoY
Metro
State GDP YoY
▲ 1.84%
F500 in state
20

Industry mix (Fortune 500 HQ in MO)

Industry F500 HQs Revenue

Price history

3 events — show timeline
  • 2026-06-01 Listed $5,000,000 Heartland MLS as Distributed by MLS Grid
  • 2024-06-26 Rental Removed $715 APPFOLIO
  • 2024-06-26 Listed for Rent $715 APPFOLIO

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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