Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
Investment opportunity in Camdenton, Missouri! Situated on approximately 3.51 acres of B-2 commercially zoned land, this 10-unit income-producing property features a fourplex with two 1-bedroom apartments, two 2-bedroom apartments, and six mobile home pads. Three pads are currently leased at $215 per month, while the remaining three pads and all four apartments offer significant value-add potential. With an estimated $50,000 in interior improvements, projected apartment rents range from $850 to $900 per month. At full occupancy, the property offers a projected annual gross rental income of $57,480 and stabilized NOI of $41,318, representing a potential 12.71% cap rate at the asking price. Conveniently located along Business Route 5 with approximately 322 feet of road frontage, excellent visibility, and easy access to downtown Camdenton and Lake of the Ozarks amenities. An excellent opportunity for investors seeking rental income potential, commercial zoning, and room for growth. Financial projections are estimates and subject to buyer verification.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding, Wood Siding
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
2.8
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$300,000
-
Tax Amount
$3,144
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Ownership
Fee Simple,
-
Sewer
Septic Tank
-
Water Source
Public
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Location
County
Camden
Elementary School
Middle School
High School
Listing Courtesy of EDWARD STEVEN ABOUSSIE, Legacy Real Estate Group
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AGENT
Susan Whittle
Call Susan today to schedule a private showing.
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