$4,318,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$4,318,000 No Recent Price Change
854-858 Hwy D
Osage Beach, MO 65065
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • N/ASqFt
  • 1985Year Built
  • 3.50Acres
  • MLS# 3559698
  • Commercial
  • Multi Family
  • Active

  • Approx Time on Market2 months, 25 days
  • AreaOsage Beach/(d)
  • CountyMiller
  • SubdivisionN/A

Overview

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!


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

Courtesy of Exp Realty, Llc  - (866) 224-1761

Featured Lender

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Julz Turley

TLC Lending

573-552-5859
Julz.turley@tlclender.com
https://www.TLCLending.com

At Total Lending Concepts, our ultimate goal is to create lasting relationships with each of our clients so that we may continue providing excellent service for many years to come. So regardless if you are looking to purchase your dream home, refinance your current home, or consolidate debt, you owe it to yourself to see why so many have chosen Total Lending Concepts. So give us a call when you need a little “TLC”.

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Price & Status History (on lakeozarkrealty.com since Fri, Jan 26th 2024)
  • Original Price: $0
  • Current Price: $4,318,000
  • Price Increased: $4,318,000
Date ChangedFromTo
02/21/2024ContingentActive
02/05/2024ActiveContingent

Listing Information © 2024; Multiple Listing Service of Lakeof the Ozarks Board of REALTORS® Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part courtesy of the Broker Reciprocity Internet Data Exchange Program of the Multiple Listing Service of Lake of the Ozarks Board of REALTORS® Inc. Real estate listings held by brokerage firms other than Ozark Realty are governed by MLS Rules and Regulations and detailed information about them includes the nameof the listing companies. Information last updated on 04-20-2024 2:12 PM EST .

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