19824 State Highway 112, Cassville, MO 65625 | MLS #60329778
$3,395,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Cassville, MO 65625
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/ASqFt
- 1991Year Built
- 19.70Acres
- MLS# 60329778
- Residential Income
- Multi Family
- Active
- Approx Time on Market1 day
- AreaBarry
- CountyBarry
- Subdivision N/a
Overview
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+%.
Association Fees / Info
Hoa: No
Building Info
Roof: Dimensional Shingles
Construction Materials: Brick, Frame
Exterior Features
Financial
Som Security Deposit: Deposit Required
Total Actual Rent: 15,850
Garage / Parking
Garage Spaces: 5
Garage: 0.00
Garage Attached: 5.00
Attached Garage: Yes
Green / Env Info
Green Energy Efficient: HVAC
Interior Features
Appliances: Range, Dishwasher, Refrigerator
Lot Info
Acres: 19.70
Lot Size: Approx 1300' x 660'
Marina Info
Misc
Insidecitylimits: No
Other
Other Structures: Four or More Buildings
2 Bed Units: 20.00
Foreclosure: No
Property Info
Township: 22
Year Built: 1991
Zoning: Residential
County: Barry
Rental Info
Room Info
Sqft Info
Som Sqft Finished and Unfinished: 5000 or more
Tax Info
Tax Year: 2025
Tax Amount Annual: 7749
Tax Provided By: Owner
Unit Info
Total Units: 20
Utilities / Hvac
Sewer: Cesspool, Septic System
Cooling: Other - See Remarks, Wall Unit(s), Ceiling Fan(s)
Utilities: Cooperative, Water Available, Trash, High Speed Internet, Electricity Available
Water Source: Private, Other
Heating: Other
Waterfront / Water
Waterfront View: None
Lake River: None
Directions
From Cassville, go south on Highway 112 for 2.6 miles. Property is on the left (east) side of the highway.Listings courtesy of Midwest Land Group
Listings courtesy of Southern Missouri Regional MLS as distributed by MLS GRID. The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange ("IDX") of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Landmark Brokers are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR© that have not been displayed on this site. Southern Missouri Regional MLS, LLC.
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