1 Church Drive, Kimberling City, MO 65686 (MLS# 60274070)

1 Church Drive, Kimberling City, MO 65686

$2,250,000
Property Type: MultiFamily Lot Size (sq. ft.): 91,476 Status: Closed
Current Price: $2,250,000 List Date: 6/11/2025 Last Modified: 12/22/2025

Overview

Description

Price reduced to $2,250,000! This well-kept 24 Apartment complex has no deferred maintenance & is managed by the owner. Zoned as C-2 so this property can also be a vacation (short-term) rental property. Situated on 2.1 lake-front acres on the popular Table Rock Lake, plus there is a boat ramp nearby at the end of Church Drive. Each unit is approximately 1,000 sq ft, has 2 bedrooms, 2 baths, front and back decks, a spacious kitchen with all appliances, pantry and washer/dryer hook-ups. Hall bath includes tub/shower and master bath has walk-in shower. The complex is all electric with city sewer and public water. Each unit comes with 2 parking spots and a bank of mailboxes. Be sure to check out the video of this great property! Financials provided to qualified buyers.

Listing Details MLS# 60274070

Contract Information

Property Sub-Type
Apartment Building
Begin Date
2024-07-26
Transaction Type
Sale
List Price/SqFt
145.13
Parent/Child
Parent
Foreclosure/Short Sale
No
Agreement Type
Exclusive Right To Sell

Location Tax and Other Information

Street #
Yes
Street Name/Route
Church
Suffix
Drive
County
Stone
State/Province
MO
Zip Code
65686
Subdivision
Kimberling Hills
Parcel ID
14-2.0-04-001-010-002.000
Real Estate Tax
6436.59
Tax Year
2023
Legal Description
KIMBERLING HILLS 02ND L1-5 LOT 1A BLK 1 (REPLAT OF LOTS 1-5)
Zoning
C-2

General Property Description

SqFt Finsh'd & Unfnsh'd
5000 or more
Aprx Year Built
1993
Total Monthly Rent
16500
Number of Units
24
# Two Bedroom Units
24
Aprx Lot Size (Acres)
2.1
Lot Dimensions
Acres
Elementary School
Reeds Spring
Middle School
Reeds Spring
High School
Reeds Spring
Waterfront/View
Front
Lake/River
Table Rock
# Efficiency Units
0
# One Bedroom Units
0

Remarks Misc

Directions
South on 413 to Kimberling City. Take right at Lakeshore Drive then turn on Church Drive. Complex is on the corner of Lakeshore Drive and Church Drive.

Status Change Info

Under Contract Date
2025-07-23
Sold Date
2025-08-21
Price Disclosed
Yes

Location, Tax and Other Information

Inside City Limits
Yes
RE Tax Provided By
Assessor Records

More Information

Unit Features

Washer/Dryer Hookup
Yes

Construction

Brick
Yes
Vinyl Siding
Yes

Utilities

Electricity
Yes

Cooling

Central
Yes

Baths

2 Per Unit
Yes

Heating

Central
Yes
Forced Air
Yes

Parking

Two or More
Yes

Roofing Material

Composition
Yes

Will Sell

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Buildings

Four or More Buildings
Yes

Water

City Water
Yes

Sewer

City Sewer
Yes

Documents Available

Financial Records
Yes

Type of Tenancy

Lease
Yes

Yearly Net Oper Inc

Over $25,000
Yes

Property Features

Unit Features: Washer/Dryer Hookup Baths: 2 Per Unit Cooling: Central Heating: Central; Forced Air Buildings: Four or More Buildings Construction: Brick; Vinyl Siding Roofing Material: Composition Parking: Two or More Water: City Water Sewer: City Sewer Utilities: Electricity Documents Available: Financial Records Type of Tenancy: Lease Yearly Net Oper Inc: Over $25,000 Will Sell: 1031 Exchange; Cash; Conventional
IDX
Listing Office: ReeceNichols - Lakeview
Last Updated: December - 22 - 2025
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