Property Attributes
- MLS#3559698
- TypeCommercial
- CountyMILLER
- CityOsage Beach
- AreaD
- Zip65065
- StyleMultiFamily
- Year Built1985
- Taxes$ 9505
- Price$ 4,318,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size3.5 Acres
Data Source:
Lake of the Ozarks MLS (LOBR)
Property Description
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!
Price History | |
---|---|
1/27/2024 | Listed $4,318,000 |
General Features
Sewer | PublicSewer |
---|---|
Heating | Electric,ForcedAir |
Cooling | CentralAir |
Utilities | CableAvailable,ElectricityAvailable,SewerAvailable,WaterAvailable |
Roof | Architectural,Shingle |
Construction Materials | WoodSiding |
Exclusions | Personal property of tenants |
Year Built | 1985 |
Property SubType | MultiFamily |
Tax Year | 2023 |
Current Use | MultiFamily |
Percent Ownership | Fee Simple |
Additional Parcels Description | 143051000000034000 |
Business Name | Ozark Gardens Apartments |
County | Miller |
New Construction | No |
Property Type | CommercialSale |
HOA / Comm Assn | No |
Attached Garage | No |
Possible Use | MultiFamily |
Garage Y/N | No |
Status | Active |
Directions | Take Hwy D. behind Hy Vee,stay on D Rd. follow around to Ozark Gardens Apartments on left. |
ModificationTimestamp | 2024-02-21T17:49:02.150-00:00 |
City | Osage Beach |
View Y/N | No |
Senior Community Y/N | No |
NumberOfUnitsTotal | 2 |
MLS Area | D |
Lot Size Units | Acres |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Property Attached Y/N | No |
Year Built Details | 1985 |
Land Lease Y/N | No |
Tax Annual Amount | 9505.56 |
Home Warranty Y/N | No |
Property Condition | UpdatedRemodeled |
Lease Renewal Y/N | No |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Virtual Tour | https://www.propertypanorama.com/instaview/loo/3559698 |
Days on Market | 9 |
Standard Status | Active |
Occupancy Type | Tenant |
Property Sub Type Additional | MultiFamily |
MobileHomeRemainsYN | No |
PostalCity | Osage Beach |
Legal Description | Legal to Govern |
Interior Features
Basement (Y/N) | No |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Electric On Property Y/N | No |
Exterior Features
Lot Features | Level,OutsideCityLimits |
---|---|
Water Source | Public |
Inclusions | 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. |
Lot Size Area | 3.5 |
Spa | No |
Building Area Total | 0.0 |
Lot Size Acres | 3.5 |
Road Surface Type | Asphalt,Paved |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool