$3,395,000
Cassville, MO 65625
MLS# 60329778
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Property Description
Investor opportunity near Cassville! This 20 unit complex features six duplexes and an 8-plex, with each 2/1 unit ranging from 750-900 sf in size. Units are all-electric and have been meticulously maintainted, including new roofs on all units, new mini-split HVAC systems, and new windows. All units are low maintenance brick exterior. Occupancy is consistently 90-100%, with a waiting list of interested tenants. Also included in the sale is the owner's home. This is a 3/2.5 single story home built for comfort, luxury, and function. It offers plenty of living space and a functional floor plan. The custom kitchen features beautiful granite counters. A home office and family room on one end could be readily made into additional bedrooms. The patio/pool area is a masterpiece, featuring an 18x36' in-ground heated pool, large hot tub, covered outdoor dining area, and gas firepit. It has been extensively remodeled and updated, and is being sold fully furnished, ready for use as an additional upscale rental. The residence could also be remodeled into a deluxe duplex for additional income streams. A large detached garage offers plenty of parking and storage, and next to it is a newer 1200 sf shop. Also worth noting is the acreage. With nearly 20 acres, there is plenty of room to add more apartments, storage units, cabins, or homes. A pond near the home is stocked with fish. With highway on the west and a county road on the east, access is very good. It is situated just minutes from the golf course, and short drive to Roaring River State Park and Table Rock Lake, two very popular tourist attractions. All in all, this is a remarkable property packaged together for a great investment opportunity. The current cap rate is 5.3%, with a realistic cap rate potential of 6+%.
Details
Maps
Contract Information
Property Sub-Type: Apartment Building
Begin Date: 2026-07-24
Transaction Type: Sale
List Price: $3,395,000
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell
Sign on Property: 1
General Property Description
SqFt Finsh'd & Unfnsh'd: 5000 or more
Aprx Year Built: 1991
Total Monthly Rent: 15850
Number of Units: 20
# Two Bedroom Units: 20
Aprx Lot Size (Acres): 19.7
Lot Dimensions: Acres
Garage/Carport: 1
Total Garage/Carport Stalls: 5
# Detached Garage Spaces: 5
Elementary School: Cassville
Middle School: Cassville
High School: Cassville
Waterfront/View: None
Lake/River: None
Listing Info
Owner Agent: No
Two Bed Units
Two Bed $: Over $450
Two Bed SqFt: 751 - 1,000 SqFt
Location Tax and Other Information
Street #: 19824
Street Name/Route: State Highway 112
County: Barry
State/Province: MO
Zip Code: 65625
Subdivision: N/A
Parcel ID: 23-2.0-04-000-000-0049.000
Real Estate Tax: 7749
Tax Year: 2025
Zoning: Residential
Section: 4
Township: 22
Remarks Misc
Directions: From Cassville, go south on Highway 112 for 2.6 miles. Property is on the left (east) side of the highway.
Status Change Info
Status: Active
Property Features
How to Show: Call Listing Agent
Baths: 1 Per Unit
Appliances: Dishwasher; Oven/Range; Refrigerator
Cooling: Ceiling Fans; Wall Unit; Other - See Remarks
Heating: Other - See Remarks
Eco-Friendly: High Efficiency HVAC
Buildings: Four or More Buildings
Construction: Brick; Wood Frame
Roofing Material: Dimensional Shingles
Water: Rural Water; Well - Private
Sewer: Cesspool/Lagoon; Septic
Utilities: Co-Op; Electricity; High Speed Internet Access; Trash; Water
Flood Insurance: Not Required
Documents Available: Financial Records; Disclosure
Type of Tenancy: Lease; Monthly
Yearly Net Oper Inc: Over $25,000
Possession: At Closing; Subject to Tenant Rt
Will Sell: 1031 Exchange; Cash; Conventional
Deposits: Deposit Required
Listing Office: Midwest Land Group
Last Updated: July - 25 - 2026
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