Lincoln Homes with Apartment Style

Welcome to Lincoln County, Missouri, a hidden gem nestled in the heart of the Show-Me State! Known for its picturesque landscapes and charming small-town atmosphere, Lincoln County offers a delightful blend of rural serenity and modern convenience. Just a short drive from St. Louis, this vibrant community is perfect for those seeking a peaceful lifestyle without sacrificing access to urban amenities.

Troy, the county seat, is a bustling hub that boasts a rich history and a welcoming spirit. With its quaint downtown area filled with unique shops, delightful eateries, and local events, Troy exudes a warm, inviting charm. Residents enjoy the benefits of a close-knit community, where neighbors become friends and local gatherings are a cherished tradition.

When it comes to housing options, Lincoln County shines with its diverse selection of homes, including stylish apartment-style residences. These homes are perfect for those who appreciate modern living combined with the comfort of community. Featuring open floor plans, contemporary finishes, and ample amenities, apartment-style homes in Troy cater to a variety of lifestyles—whether you're a young professional, a growing family, or looking to downsize.

Imagine waking up in your beautifully designed apartment, sipping coffee on your private balcony while soaking in the tranquil views of the surrounding countryside. With easy access to parks, recreational activities, and top-rated schools, Lincoln County is an ideal place to call home.

Explore the possibilities that await you in Lincoln County, where your dream apartment-style home is just around the corner! Embrace the charm, community, and convenience that make this area truly special.

Newest Lincoln Homes with Apartment Style

$1,020,000

26053406 MLS ⋅ ACTIVE Status

Great opportunity to acquire a 6-unit apartment building conveniently located off Main St in Troy. All 6 units received a uniform renovation in 2023. The building is fully occupied, and the current rent roll totals $8125 a month. All units have two bedrooms upstairs and one bedroom in the basement with a walkout door to a patio. There is a full bath upstairs and half bath on the main level. There is an unfinished area in each unit’s basement with washer and dryer hookups and some additional storage space. The units are all electric paid for by the tenant. One shared water meter for the building and current ownership does not do any billback to tenants. Roof is 3 years old. Additional expense information is available upon request. Property is being offered subject to interior inspection. To minimize disruption to tenants, interior showings will be scheduled following an accepted contract. Do not disturb tenants

195 Lewis St, Troy

$1,150,000

26046395 MLS ⋅ ACTIVE Status

Excellent opportunity to acquire a high-occupancy 12-unit apartment complex with 12 additional on-site storage units in the rapidly growing Troy, Missouri market. Offered at $1,150,000, this stabilized investment features a mix of one-bedroom and two-bedroom apartments along with twelve storage units, providing diversified income and long-term upside. Current gross rental income is $10,355 per month with market rent potential estimated at approximately $10,900 per month. Annual NOI is approximately $81,595, reflecting a 7.1% cap rate at the asking price. Most apartment units have already been renovated, minimizing immediate capital expenditures while leaving additional value-add potential through future rent increases and storage income optimization. Investment Highlights: • 12 Apartment Units • 12 On-Site Storage Units • High Occupancy • Mix of 1-Bedroom & 2-Bedroom Units • Most Units Renovated • Current Gross Monthly Rent: $10,355 • Estimated Market Rent: $10,900+/Month • Annual NOI: Approximately $81,595 • 7.1% Cap Rate at Asking Price • Strong Workforce Housing Demand • Limited Competing Apartment Inventory • Located in One of Lincoln County's Fastest-Growing Markets Current rent roll, T-12 financials, and additional income/expense information are available upon request. Property is being offered subject to interior inspection. To minimize disruption to tenants, interior showings will be scheduled following an accepted contract.

560 E Cherry St, Troy

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