122 Highland Glen CT, Camdenton, MO 65020
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Listed by EDWARD STEVEN ABOUSSIE Legacy Real Estate Group
$ 300,000
Est. payment | /mo

2.8 Acres Lot

Save
$ 300,000
Est. payment | /mo
Save

2.8 Acres Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3590133

HOA Y/N No

Annual Tax Amount $3,144

Tax Year 2025

Lot Size 2.800 Acres

Acres 2.8

Property Sub-Type Multi Family

Property Description

Investment opportunity in Camdenton, Missouri! Situated on approximately 3.51 acres of B-2 commercially zoned land, this 10-unit income-producing property features a fourplex with two 1-bedroom apartments, two 2-bedroom apartments, and six mobile home pads. Three pads are currently leased at $215 per month, while the remaining three pads and all four apartments offer significant value-add potential. With an estimated $50,000 in interior improvements, projected apartment rents range from $850 to $900 per month. At full occupancy, the property offers a projected annual gross rental income of $57,480 and stabilized NOI of $41,318, representing a potential 12.71% cap rate at the asking price. Conveniently located along Business Route 5 with approximately 322 feet of road frontage, excellent visibility, and easy access to downtown Camdenton and Lake of the Ozarks amenities. An excellent opportunity for investors seeking rental income potential, commercial zoning, and room for growth. Financial projections are estimates and subject to buyer verification.

Location

State MO

County Camden

Area G

Interior

Interior Features InteriorFeatures

Cooling Central Air

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Water Access Desc Public

Present Use Multi-Family

Street Surface Gravel

Building

Sewer Septic Tank

Water Public

Structure Type Vinyl Siding,Wood Siding

Others

Tax ID 01212903200000000015000

Ownership Fee Simple,

Nearby Locations

Brant Morrison

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(573) 789-5680

brant@swiftandcorealty.com

4277 Osage Beach Pkwy, Osage Beach, MO 65065, USA

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122 Highland Glen CT