Investment Overview
SVN is pleased to offer this 32-unit multifamily apartment building for sale in Ozark, MO. The property known as the Cedar Hills Apartments, sits on a 9.9 acre tract with around 5 acres for additional development. The units are 1,050 SF each with two bedrooms and one bathroom. Each unit also has a private garage. The current occupancy is 90%. This property offers an opportunity for value-add through additional development or increased revenues. Approximate value of excess 5 acres is $300,000.00.
Investment Highlights
- SALE PRICE: $2,900,000.00
- UNITS: 32
- BUILDING SIZE: 33,600 SF +/-
- PRICE/UNIT: $90,625.00
- LOT SIZE: 9.9 acres
- UNIT SIZES: 1,050 SF
- PRIVATE GARAGES: Yes (32)
- OCCUPANCY: 90.3%
- YEAR BUILT: 1995