854-858 Hwy D Osage Beach, MO 65065 $4,318,000
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!
Year Built: 1985
Roof Type: Architect/Shingle
Fenced: No
Ext Const: Wood Siding
Special Assessments: 0.00
Other Bank Stabilization: ,No,
Contingency Type: Finance,Inspection
Foreclosure: No
Garage: No
Furnished: No
Fireplaces: No
Survey: Yes
Location: Cntry/Offshr (Out of City Lmts)
Acres: 3.50
Road Frontage: 750
Rip Rap: ,No,
Boat Dock Incl: No
Dockable: ,No,
Seawall: No
Pier Permit: ,No,
Ramp Permit: ,No,
Pwc Slip: ,No,
Rip Rap Permit: ,No,
Accessory Permit: ,No,
Inventory Included: ,No,
Auction: No
Fixed Equipment: 1
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
Legal Description: Legal to Govern
Business Type: Apartments
Tax Year: 2023
Tax Real Estate: 9505.
Number of Units: 60
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
Water Type: City Water