Address
854-858 Hwy D, Osage Beach, MO
Price
$ 4,318,000
Property Attributes
  • MLS#3559698
  • TypeCommercial
  • CountyMILLER
  • CityOsage Beach
  • AreaD
  • Zip65065
  • StyleMultiFamily
  • Year Built1985
  • Taxes$ 9505
  • Price$ 4,318,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.5 Acres
Data Source:
Lake of the Ozarks MLS (LOBR)
Property Description

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!

Price History
1/27/2024 Listed $4,318,000

General Features

Sewer PublicSewer
Heating Electric,ForcedAir
Cooling CentralAir
Utilities CableAvailable,ElectricityAvailable,SewerAvailable,WaterAvailable
Roof Architectural,Shingle
Construction Materials WoodSiding
Exclusions Personal property of tenants
Year Built 1985
Property SubType MultiFamily
Tax Year 2023
Current Use MultiFamily
Percent Ownership Fee Simple
Additional Parcels Description 143051000000034000
Business Name Ozark Gardens Apartments
County Miller
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Possible Use MultiFamily
Garage Y/N No
Status Active
Directions Take Hwy D. behind Hy Vee,stay on D Rd. follow around to Ozark Gardens Apartments on left.
ModificationTimestamp 2024-02-21T17:49:02.150-00:00
City Osage Beach
Buyer Agent Compensation 2.00
View Y/N No
Senior Community Y/N No
Total Units 2
MLS Area D
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Hwy D
Property Attached Y/N No
Year Built Details 1985
Land Lease Y/N No
Tax Annual Amount 9505.56
Home Warranty Y/N No
Property Condition UpdatedRemodeled
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/loo/3559698
Days on Market 9
Standard Status Active
Occupancy Description Tenant
Property Sub Type Additional MultiFamily
MobileHomeRemainsYN No
Buyer Agent Compensation Type Item1
PostalCity Osage Beach
Legal Description Legal to Govern

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features Level,OutsideCityLimits
Water Source Public
Inclusions 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.
Lot Size Area 3.5
Spa No
Building Area Total 0.0
Lot Size Acres 3.5
Road Surface Type Asphalt,Paved
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 65065

Price
AVG $1.45M
$4.32M
Taxes
AVG $3,700
$9,505
Visits
AVG 201
282
Data Provided by Inside Real Estate®
Year Built
AVG 1998
1985

Areas We Cover