23195 Shannon Lane new Save Request In-Person Tour Request Virtual Tour
Summersville,MO 65571
Key Details
Property Type Single Family Home
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
MLS Listing ID SOM60306262
Year Built 1980
Annual Tax Amount $1,749
Tax Year 2024
Lot Size 4.830 Acres
Property Sub-Type Residential Income
Property Description
Investor Opportunity: 7-Unit Apartment + 21 Storage Units on 3 Acres near Summersville, MODiscover a turnkey income property in the heart of the Missouri Ozarks. This well-located portfolio includes 7 one-bedroom/one-bath apartment units (6 leased, 1 available) and 21 storage units, all situated on 4+ acres with generous expansion potential. Built with durable metal roofing and served by two septic systems, this asset offers both stability and flexibility.Positioned just minutes from downtown Summersville, the property provides tenants with easy access to local amenities, schools, and services, while delivering the peace and scenic charm of rural living.Nature and recreation abound in this region. The property lies within reach of the Mark Twain National Forest and enjoys proximity to the Eleven Point Wild & Scenic River and the Jacks Fork River--drawing paddlers, anglers, hikers, and nature lovers from across the region.For investors, the existing rent roll delivers strong cash flow, and the vacant unit presents an immediate upside. Meanwhile, the ample site acreage creates room for further units, additional storage, or alternative commercial uses over time.This is your chance to acquire a multi-asset, low-maintenance property with built-in expansion potential in a desirable outdoor recreation market of southern Missouri.
Location
State MO
County Texas
Zoning Residential
Interior
Heating Forced Air
Cooling Wall Unit(s)
Exterior
Parking Features Two or More
Utilities Available Cooperative
Waterfront Description None
View Panoramic
Roof Type Metal
Building
Sewer See Remarks,Septic System
Water Private
Structure Type Metal,Masonite
Schools
Elementary Schools Summersville
Middle Schools Summersville
High Schools Summersville
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional