1570 East Highway 14, Ozark, MO 65721 (MLS# 60063046)


$4,500,000
1570 East Highway 14
Ozark, MO 65721
MLS# 60063046
Status: Closed



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Property Description
**ALL OFFERS ARE DUES BY 5PM ON SEPTEMBER 28, 2016** Excelsior Gardens Apartment Community is a 104 unit garden style apartment community with a great location in rapidly growing Ozark, MO. The property was constructed from 2001 through 2003 and consists of 16 One Bedroom Units, 80 Two Bedroom Units, and 8 Three Bedroom Units. The property has been very well maintained over the years and has maintained a very high occupancy level consistently averaging 95%. Property offers tenant amenities such as a pool, playground, and barbeque areas. Adjoining commercial lot can be purchased for an additional price.

Details
Maps
Contract Information
Transaction Type: Sale
Foreclosure/Short Sale: No
Property Sub-Type: Apartment Building
Begin Date: 2016-09-19
List Price: $4,500,000
Agreement Type: Exclusive Right To Sell
Location, Tax and Other Information
Inside City Limits: Yes
RE Tax Provided By: Assessor Records
General Property Description
SqFt Finsh'd & Unfnsh'd: 5000 or more
Total Monthly Rent: 59000
Waterfront/View: None
Lake/River: None
Aprx Year Built: 2001
Aprx Lot Size (Acres): 5.26
Lot Dimensions: Acres
Status Change Info
Price Disclosed: Yes
Status: Closed
Under Contract Date: 2016-10-18
Sold Date: 2017-01-13
Unit Features
Carpet: 1
Extra Storage: 1
Patio/Balcony: 1
Washer/Dryer Hookup: 1
Amenities
Playground: 1
Pool: 1
One Bed Units
One Bed $: Over $350
One Bed SqFt: Over 800 SqFt
Construction
Brick: 1
Lapboard Siding: 1
Vinyl Siding: 1
Wood Frame: 1
Two Bed Units
Two Bed $: Over $450
Two Bed SqFt: 751 - 1,000 SqFt
Utilities
Electricity: 1
Cooling
Central: 1
Three Bedroom Units
Three Bed $: Over $400
Three Bed SqFt: 1,001 - 1,500 SqFt
Appliances
Dishwasher: 1
Disposal: 1
Oven/Range: 1
Refrigerator: 1
Heating
Central: 1
Parking
Two or More: 1
Paved Area: 1
Roofing Material
Composition: 1
Possession
At Closing: 1
Will Sell
1031 Exchange: 1
Cash: 1
Conventional: 1
Owner Carry First: 1
Buildings
Four or More Buildings: 1
Two Stories: 1
Water
City Water: 1
Sewer
Public: 1
Flood Insurance
Not Required: 1
Type of Tenancy
Lease: 1
Yearly Net Oper Inc
Over $25,000: 1
Deposits
Deposit Required: 1
Location Tax and Other Information
Street #: 1570
Street Direction: East
Street Name/Route: Highway 14
County: Christian
State/Province: MO
Zip Code: 65721
Subdivision: Anderson/Hedgpeth
Parcel ID: 110725003012028001
Real Estate Tax: 51186.17
Tax Year: 2015
Legal Description: BEG NECOR LOT 5 ANDERSON-HEDGPETH ACRES: E420 S630 W50 N200 W400 N220 E20 N200 TO POB. (EXCELSIOR GARDENS APTS)
Zoning: R3
Remarks Misc
Directions: Hwy 14 E. to 14th Ave. Property just off the intersection.
Property Features
Unit Features: Carpet; Extra Storage; Patio/Balcony; Washer/Dryer Hookup
Amenities: Playground; Pool
Appliances: Dishwasher; Disposal; Oven/Range; Refrigerator
Cooling: Central
Heating: Central
Buildings: Four or More Buildings; Two Stories
Construction: Brick; Lapboard Siding; Vinyl Siding; Wood Frame
Roofing Material: Composition
Parking: Two or More; Paved Area
Water: City Water
Sewer: Public
Utilities: Electricity
Flood Insurance: Not Required
Type of Tenancy: Lease
Yearly Net Oper Inc: Over $25,000
Possession: At Closing
Will Sell: 1031 Exchange; Cash; Conventional; Owner Carry First
Deposits: Deposit Required

IDX
Listing Office: Gregg Stancer Realty

Last Updated: December - 17 - 2019

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