$5,600,000
Ozark, MO 65721
MLS# 60088901
Status: Closed
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Property Description
Top quality complex! 2 apartment buildings with a total of 60 units on 4 acres with club house/leasing office and pool. Additional 7 acres is zoned for 198 additional units. Detention is off-site. Exercise facility, playground, central laundry and outdoor pool make the complex attractive to tenants. 4 studios; 21 1 bedrooms; 21 2 bedrooms, and 14 3 bedrooms stay at 95-100% occupancy. Internet and cable are provided. Tenants pay their electric (no gas) and new tenants pay a portion of water and sewer charges. Each unit has fully equipped kitchens, nice walk in closets, and storage area on either deck or patio (except for studios). Meticulously maintained complex makes this attractive for tenants and investors. Assumable loan is possible. Call for details.
Details
Maps
Contract Information
Transaction Type: Sale
Sub Lease: No
Parent/Child: None
Historical District: No
Foreclosure/Short Sale: No
Property Sub-Type: Apartment Building
Begin Date: 2017-08-31
List Price: $5,600,000
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-Aprx: 59050
SqFt Finsh'd & Unfnsh'd: 5000 or more
Total Monthly Rent: 41131
# Efficiency Units: 4
# One Bedroom Units: 21
# Two Bedroom Units: 21
# Three Bedroom Units: 14
Waterfront/View: None
View: No
Lake/River: None
Aprx Year Built: 2009
Number of Units: 60
Aprx Lot Size (Acres): 13.52
Lot Dimensions: Acres
Elementary School: OZ West
Middle School: Ozark
High School: Ozark
Status Change Info
Price Disclosed: Yes
Status: Closed
Under Contract Date: 2018-06-19
Sold Date: 2018-09-07
Views
City: 1
Unit Features
All Units: 1
Carpet: 1
Extra Storage: 1
Patio/Balcony: 1
Washer/Dryer Hookup: 1
Amenities
Central Laundry: 1
Exercise Room: 1
Playground: 1
Pool: 1
Efficiency
Efficiency $: Over $200
Efficiency SqFt: 301 - 500 SqFt
One Bed Units
One Bed $: Over $350
One Bed SqFt: 501 - 800 SqFt
Construction
Brick: 1
Vinyl Siding: 1
Two Bed Units
Two Bed $: Over $450
Two Bed SqFt: Over 1,000 SqFt
Utilities
City: 1
Electricity: 1
High Speed Internet Access: 1
Separate Meters: 1
Sewer: 1
Tenant Pays Part: 1
Trash: 1
Water: 1
Cooling
Ceiling Fans: 1
Central: 1
Three Bedroom Units
Three Bed $: Over $400
Three Bed SqFt: 1,001 - 1,500 SqFt
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Oven/Range: 1
Refrigerator: 1
Baths
1 Per Unit: 1
2 Per Unit: 1
Heating
Central: 1
Miscellaneous
Fire Alarm: 1
Smoke Detector: 1
Sprinklers: 1
Parking
Paved Area: 1
Roofing Material
Composition: 1
Possession
At Closing: 1
Will Sell
Cash: 1
Conventional: 1
Buildings
Three Buildings: 1
One Story: 1
Three or More Stories: 1
Streets
Asphalt: 1
Water
City Water: 1
Sewer
City Sewer: 1
Flood Insurance
Not Required: 1
Documents Available
Disclosure: 1
Site Elevation Survey: 1
Type of Tenancy
Lease: 1
Monthly: 1
Yearly Net Oper Inc
Over $25,000: 1
Location Tax and Other Information
Street #: 2145
Street Direction: West
Street Name/Route: Bingham
Suffix: Street
County: Christian
State/Province: MO
Zip Code: 65721
Subdivision: N/A
Parcel ID: 110521000000011009
Real Estate Tax: 38139.18
Tax Year: 2016
Legal Description: LOT 6A-1 (B) TOWN & COUNTRY VILLAGE APTS REPLAT OF 6A-1 OF THE REPLAT OF LOTS 6A & 6C OF THE REPLAT LOT 6 TOWN & COUNTRY VILLAGE PH1
Zoning: M-HD
Remarks Misc
Directions: 65 South to Ozark. West on Hwy 14. turn north on frontage road to Bingham. East to property.
Property Features
Unit Features: All Units; Carpet; Extra Storage; Patio/Balcony; Washer/Dryer Hookup
Amenities: Central Laundry; Exercise Room; Playground; Pool
Baths: 1 Per Unit; 2 Per Unit
Appliances: Dishwasher; Disposal; Microwave; Oven/Range; Refrigerator
Cooling: Ceiling Fans; Central
Heating: Central
Buildings: Three Buildings; One Story; Three or More Stories
Construction: Brick; Vinyl Siding
Roofing Material: Composition
Parking: Paved Area
Streets: Asphalt
Miscellaneous: Fire Alarm; Smoke Detector; Sprinklers
Water: City Water
Sewer: City Sewer
Utilities: Electricity; High Speed Internet Access; Separate Meters; Sewer; Tenant Pays Part; Trash; Water
Flood Insurance: Not Required
Documents Available: Disclosure; Site Elevation Survey
Type of Tenancy: Lease; Monthly
Yearly Net Oper Inc: Over $25,000
Possession: At Closing
Will Sell: Cash; Conventional
Listing Office: Murney Associates - Primrose
Last Updated: December - 17 - 2019
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