Price reduced to $2,250,000! This well-kept 24 Apartment complex has no deferred maintenance & is managed by the owner. Zoned as C-2 so this property can also be a vacation (short-term) rental property. Situated on 2.1 lake-front acres on the popular Table Rock Lake, plus there is a boat ramp nearby at the end of Church Drive. Each unit is approximately 1,000 sq ft, has 2 bedrooms, 2 baths, front and back decks, a spacious kitchen with all appliances, pantry and washer/dryer hook-ups. Hall bath includes tub/shower and master bath has walk-in shower. The complex is all electric with city sewer and public water. Each unit comes with 2 parking spots and a bank of mailboxes. Be sure to check out the video of this great property! Financials provided to qualified buyers.
Hoa: No
Baths: 2 Per Unit
Roofing Material: Composition
Year Built: 1,993
Construction: Brick, Vinyl Siding
Transaction Type: Sale
Type of Tenancy: Lease
Yearly Net Oper Inc: Over $25,000
Parking: Two or More
Acres: 2.10
Inside City Limits: Yes
Foreclosure: No
View: No
Buildings: Four or More Buildings
Zoning: C-2
County: Stone
Property Type: B
Will Sell: Cash,1031 Exchange,Conventional
Financing: Cash, Conventional
Sqft Finshd Unfnshd: 5000 or more
Price Per Sqft: 145
Tax Year: 2,023
Re Tax Provided By: Assessor Records
Efficiency Units: 0.00
Num One Bedroom Units: 0.00
Num Units: 24
Unit Features: Washer/Dryer Hookup
Num Two Bedroom Units: 24.00
Water: City Water
Heating: Forced Air, Central
Cooling: Central
Sewer: City Sewer
Utilities: Electricity
Lake River: Table Rock
Waterfront View: Front
Courtesy of listing office ReeceNichols - Lakeview
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