Craigmont Place I & III Apartments Listing Details & Market Data

605 & 730 S. Wabash Avenue, Springfield, MO 65802

  • For Sale Subject to Offer
  • Property Type Multi-Family
  • Property Size 99,649 SF
  • Units 106
  • Lot Size 14.79 Acre
  • Year Built 1978
  • Date Updated Apr 16, 2024
The property is adjacent to a city park and is close to schools, churches, shopping, and the Boys and Girls Club. The city bus stop is nearby. The almost mile-long sidewalk around the property offers walking enthusiasts a nice trail. There are benches and 2 picnic areas for taking a relaxing break.SVN is pleased to present the opportunity to acquire Craigmont I & III Apartments located at 605 & 730 S Wabash Avenue, Springfield, MO, 65802 (Greene County). The properties were built in 2 phases with Craigmont III being built in 1978 and Craigmont I constructed in 1979. Both phases are 100% HAP Contract properties with HAP expiration dates of 2024 (CPI) and 2025 (CPIII) - both under Option 2 renewals. The properties are located in a QCT and are eligible for a LIHTC re-syndication. The properties consist of 64 Townhomes, 24 Flats, and 18 Detached SFHs for a total of 106 units collectively. Tenants are responsible for Electricity, Gas, and Water/Sewer, while the landlord is responsible for Garbage/Trash. The properties have received high REAC scores (88c - CPIII; 86c - CPI) in 2022. Craigmont is a great acquisition for adding scale or entering the Springfield, MO market.

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Highlights

  • Property is located in QCT & eligible for LIHTC re-syndication
  • REAC - CPI: 99a (2019) & 86C (2022)
  • REAC - CPIII: 99a (2019) & 88C (2022)

Contacts

broker

Cody Doran

SVN | Chicago Commercial

(312) 960-6766

Location

Getting Around

  • Walk Score ®

    Car-Dependent (26)

  • Bike Score ®

    Somewhat Bikeable (39)
Powered by Walk Score ®
  • City Springfield, MO
  • Neighborhood Westside Springfield
  • Zip Code 65802

Points of Interest

  • Casey's General Store

    0.71 miles

  • Casey's

    0.95 miles

  • Gas Plus

    1.02 miles

  • Kum & Go

    1.07 miles

  • Casey's General Store

    1.10 miles

  • Conoco

    1.35 miles

  • Kum & Go

    1.49 miles

  • Kum & Go

    1.74 miles

  • Phillips 66

    1.83 miles

  • Kum & Go

    2.26 miles

  • Public Parking

    1.56 miles

  • Bear Park North

    1.89 miles

  • Bear Park South

    1.89 miles

  • Lot C

    2.21 miles

  • Trail Parking (unpaved)

    2.73 miles

  • Trailhead Parking

    3.27 miles

  • Frisco Highline Trail

    3.42 miles

  • Park

    3.70 miles

  • Park

    3.75 miles

  • Paintball Parking

    4.13 miles

  • Dairy Queen

    0.48 miles

  • Golden House Chinese Food

    1.00 miles

  • Casper's

    1.21 miles

  • Pizza Hut

    1.24 miles

  • Springfield Brewing Company

    1.28 miles

  • Triple Eight's

    1.29 miles

  • The Sub Shop

    1.31 miles

  • Tortilleria Perches

    1.34 miles

  • The Roost

    1.36 miles

  • Subway

    1.36 miles

  • McGregor Elementary School

    0.62 miles

  • Study Alternative Center

    0.66 miles

  • York Elementary School

    1.11 miles

  • York School

    1.11 miles

  • Campbell School

    1.11 miles

  • Campbell Elementary School

    1.12 miles

  • Westport Elementary School

    1.25 miles

  • Saint De Chantel Academy

    1.31 miles

  • Parkview High School

    1.32 miles

  • Portland Elementary School

    1.50 miles

  • OACAC Head Start

    1.12 miles

  • OACAC Head Start

    1.15 miles

  • Isabel's House Crisis Nursery

    1.20 miles

  • Macedonia Pre-School

    1.99 miles

  • Cox Health

    2.36 miles

  • Creative Learning Center Preschool & Infant Care LLC

    2.69 miles

  • Where Families Grow

    2.83 miles

  • Safe N Sound Playground

    3.27 miles

  • Mother's Touch Learning Center

    3.66 miles

  • Amazing Kidz Daycare & Preschool

    3.99 miles

Contact Listing Broker

broker

Cody Doran

SVN | Chicago Commercial

(312) 960-6766