854-858 Hwy D Osage Beach, MO 65065 $4,318,000

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  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • N/ASqFt
  • 1985Year Built
  • 3.50Acres

CountyOsage Beach/(d)

Agent Remarks

Large Investment Opportunity in the Middle of the Largest concentration of jobs in the entire Lake area, walking distance to HyVee & Lowe's at Prewitt's Point or Menards & Aldi's at Eagles' Landing. All about Location here, right between Osage Beach & Lake Ozark, what an incredible opportunity to own Ozark Gardens. This 60-unit apartment complex is located right on Highway D, just down from the Intersection of Stonecrest Mall/Starbucks & HyVee Gas Station/Chili's, literally renters can easily walk to numerous grocery stores, other shopping, dining, health care, college or even their job, no vehicle needed for renters. With a 100+ parking spaces, typically apartments do NOT offer much parking, this is perfect for families, guests & offers handicap spots too. There are four buildings featuring One- and Two-Bedroom Units & has great green space for pets & a playground. The apartments are fully rented & well maintained for the perfect turnkey business. Large improvement costs have been addressed like a new paved parking lot, new posts for all the decks & roofs have been replaced 5 to 10 years ago. Don't miss this investment opportunity!


Building Info

Year Built:  1985

Roof Type:  Architect/Shingle

Exterior Features

Fenced:  No

Exteriorfeatures

Ext Const:  Wood Siding

Financial

Special Assessments:  0.00

Other Bank Stabilization:  ,No,

Contingency Type:  Finance,Inspection

Foreclosure:  No

Garage / Parking

Garage:  No

Interior Features

Furnished:  No

Fireplaces:  No

Lot Info

Survey:  Yes

Location:  Cntry/Offshr (Out of City Lmts)

Acres:  3.50

Road Frontage:  750

Marina Info

Rip Rap:  ,No,

Boat Dock Incl:  No

Dockable:  ,No,

Seawall:  No

Pier Permit:  ,No,

Ramp Permit:  ,No,

Pwc Slip:  ,No,

Rip Rap Permit:  ,No,

Misc

Accessory Permit:  ,No,

Inventory Included:  ,No,

Auction:  No

Fixed Equipment:  1

Property Info

Remodeled Updated:  Remodeled

Possible Use:  Multi-Family

One Level Living:  No

Fifty Five Plus Housing:  No

Business Name:  Ozark Gardens Apartments,

Included:  Current leases and agreements, all appliances in units. 2 parcels and small piece of parcel #143051000000034002 containing children's playground, not to include the road frontage on that parcel.

Property Features:  Level

Ownership:  Fee Simple

Parcel Num Addl:  143051000000034000

Parcel Number:  14305000000034003

Pers Prop Incl:  ,No,

Not Included:  Personal property of tenants

Sale / Lease Info

Legal Description:  Legal to Govern

Business Type:  Apartments

Special Features

Sqft Info

Tax Info

Tax Year:  2023

Tax Real Estate:  9505.

Unit Info

Number of Units:  60

Utilities / Hvac

Sewer:  City Sewer

High Speed Internet:  Yes

Pump Permit:  ,No,

Cool System:  Central Air

Heat Fuel Type:  Electric

Heating:  Forced Air Electric

Electricity:  No

Utilities Available:  Cable,Electric,Sewer,Water

Waterfront / Water

Water Type:  City Water