• Year Built: 2007
510 Chapin Drive is amulti-family property for lease in Clinton, MO.
See Attached Executive Summary. Built in 2007, 20-units, 10-buildings, on 3 acres +/-, all 3-bed, 2-bath, 1-car garage, 1,200 sq. ft. per unit. All on slabs, all electric, pitched roofs, HVAC on ground, dish washers, washer & dryer hook ups. Tenant's pay all utilities including trash. Vacancy / credit loss rate is based on 7%. Located across form Hospital in newer subdivision. Occupancy rate MF 95% Clinton MO. Clinton has a population of 10,000 in city limits, its located in Henry county with a population of 22,000. The trade area market is 100,000. There are several large employers in Clinton. And Clinton is a huge retirement town. It also is home to Truman Lake, a 55,000 acres lake surrounded by 110,000 of public use land.
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