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101--261 Pearl Drive, Hillsboro, MO 63050

$1,385,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
101--261 Pearl Drive, Hillsboro, MO 63050View this property at 101--261 Pearl Drive, Hillsboro, MO 63050
101--261 Pearl DriveHillsboroMO63050

Property Description

Great Investment Opportunity! This turn key 24 units, 3 building is a rare find in the heart of Hillsboro. Rent on 10 units $705 and 14 units at $585. Some tenants have been there for many years so some are rented under the new market value for rent prices now. Buildings have newer roofs, sewer lateral updated. Most have updated kitchens and baths. Some have laminate and hardwood flooring with a mix of carpeted areas. Patio or decks on units. Plenty of closet space in units. Office and workshop on site. Laundry facility's in complex. Plenty of tenant parking and guest parking. The grounds have been landscaped and back to mostly wooded areas on some buildings. These type of apartments are in great demand in the Hillsboro Area.

Full Property Detailsfor 101--261 Pearl Drive


  • Price: $1,385,000
  • Taxes: $14,018 (2016)
  • Status: Pending
  • Type: Multi-Family
  • MLS ID: 17037885
  • Updated: 3/23/2018
  • Added: 348 day(s) ago

Property History

  • 101--261 Pearl Drive, Hillsboro, MO
  • Listed at $1,385,000 on 5/9/17


Other Rooms

  • Laundry: Coin Operated, Common Laundry


  • Parking Features: Accessible Parking, Guest Parking
  • Parking: Accessible Parking, Guest Parking


  • Area: Hillsboro
  • County: Jefferson
  • Township: Hillsboro
  • Subdivision: Meadow Lark
  • Cross Streets: Highway 21
  • Driving Directions: Old Highway 21 South through town to Pearl Drive on left to apartment on right pass the residential area.
  • Location Details: City

School Information

  • School District: Hillsboro R-III
  • Elementary School: Hillsboro Elem.
  • Middle School: Hillsboro Jr. High
  • High School: Hillsboro High

Heating & Cooling

  • Cooling Type: Electric Central Air Conditioning
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Water Heater: Electric


  • Sewer: Public
  • Water: Public
  • Cable Available: Yes

Structural Information

  • Architectural Style: Low-Rise (1 or 2 Stories)
  • Description/Design: Low-Rise (1 or 2 Stories)
  • Construction: Brick Veneer Predom, Vinyl Siding

Unit Information

  • Unit Features: No Units Furnished, Restriction-Occupanc, Smoke/Alarm Detector

Lot Features

  • Lot Size (Acres): 0.42
  • Lot Size (Sq. Ft.): 18,295
  • Lot Size Source: County Records
  • Lot Dimensions: 0 x 0 x 0
  • Lot Description: 26 and 24

Financial Considerations

  • Assoc Fee Freq.: None
  • Expenses: Insurance, Licenses/Permits, Management, Maintenance/Repairs
  • Tax Amount: $14,018
  • Tax Year: 2016
  • Terms: Cash, Conventional
  • Tenant Pays: Electric

Disclosures and Reports

  • Ownership: Private
  • Inclusions: Building & Land
  • Disclosures/Reports: City, Code Compliance Reqd, Flood Plain No, Sellers Discl. Avail
  • APN: 17-2.0-03.0-3-002-031.01
  • Lot: 26 and 24

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— 101--261 Pearl Drive —


Schoolsserving 101--261 Pearl Drive

School District:Hillsboro R-Iii School District
School Name
Hillsboro Intemediate School
10478 Hwy 21, Hillsboro, MO 63050
1 mi
Hillsboro Elementary School
13 Hawk Dr, Hillsboro, MO 63050
1.1 mi
Hillsboro Primary School
101 Leon Hall Pkwy, Hillsboro, MO 63050
1.2 mi
Hillsboro Jr. High School
12 Hawk Dr, Hillsboro, MO 63050
1 mi
Hillsboro High School
123 Leon Hall Pkwy, Hillsboro, MO 63050
1.3 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 101--261 Pearl Drive

101--261 Pearl Drive, Hillsboro, MO 63050 (MLS# 17037885) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 101--261 Pearl Drive is currently listed for $1,385,000 and was received on May 09, 2017. This property is listed by Leslie Horton from our Fenton Office.Want to learn more about 101--261 Pearl Drive? Do you have questions about finding other Multi-Family real estate for sale in Hillsboro? You can browse all Hillsboro real estate or contact a Coldwell Banker agent to request more information.