1570 East Highway 14, Ozark, MO 65721 (MLS# 60063046)

1570 East Highway 14, Ozark, MO 65721

$4,500,000
Property Type: MultiFamily Lot Size (sq. ft.): 229,126 Status: Closed
Current Price: $4,500,000 List Date: 9/19/2016 Last Modified: 12/17/2019

Overview

Description

**ALL OFFERS ARE DUES BY 5PM ON SEPTEMBER 28, 2016** Excelsior Gardens Apartment Community is a 104 unit garden style apartment community with a great location in rapidly growing Ozark, MO. The property was constructed from 2001 through 2003 and consists of 16 One Bedroom Units, 80 Two Bedroom Units, and 8 Three Bedroom Units. The property has been very well maintained over the years and has maintained a very high occupancy level consistently averaging 95%. Property offers tenant amenities such as a pool, playground, and barbeque areas. Adjoining commercial lot can be purchased for an additional price.

Listing Details MLS# 60063046

Contract Information

Property Sub-Type
Apartment Building
Begin Date
2016-09-19
Transaction Type
Sale
Foreclosure/Short Sale
No
Agreement Type
Exclusive Right To Sell

Location Tax and Other Information

Street #
1570
Street Direction
East
Street Name/Route
Highway 14
County
Christian
State/Province
MO
Zip Code
65721
Subdivision
Anderson/Hedgpeth
Parcel ID
110725003012028001
Real Estate Tax
51186.17
Tax Year
2015
Legal Description
BEG NECOR LOT 5 ANDERSON-HEDGPETH ACRES: E420 S630 W50 N200 W400 N220 E20 N200 TO POB. (EXCELSIOR GARDENS APTS)
Zoning
R3

General Property Description

SqFt Finsh'd & Unfnsh'd
5000 or more
Aprx Year Built
2001
Total Monthly Rent
59000
Aprx Lot Size (Acres)
5.26
Lot Dimensions
Acres
Waterfront/View
None
Lake/River
None

Remarks Misc

Directions
Hwy 14 E. to 14th Ave. Property just off the intersection.

Status Change Info

Under Contract Date
2016-10-18
Sold Date
2017-01-13
Price Disclosed
Yes

One Bed Units

One Bed $
Over $350
One Bed SqFt
Over 800 SqFt

More Information

Two Bed Units

Two Bed $
Over $450
Two Bed SqFt
751 - 1,000 SqFt

Three Bedroom Units

Three Bed $
Over $400
Three Bed SqFt
1,001 - 1,500 SqFt

Location, Tax and Other Information

Inside City Limits
Yes
RE Tax Provided By
Assessor Records

Unit Features

Carpet
Yes
Extra Storage
Yes
Patio/Balcony
Yes
Washer/Dryer Hookup
Yes

Amenities

Playground
Yes
Pool
Yes

Construction

Brick
Yes
Lapboard Siding
Yes
Vinyl Siding
Yes
Wood Frame
Yes

Utilities

Electricity
Yes

Cooling

Central
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Oven/Range
Yes
Refrigerator
Yes

Heating

Central
Yes

Parking

Two or More
Yes
Paved Area
Yes

Roofing Material

Composition
Yes

Possession

At Closing
Yes

Will Sell

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
Owner Carry First
Yes

Buildings

Four or More Buildings
Yes
Two Stories
Yes

Water

City Water
Yes

Sewer

Public
Yes

Flood Insurance

Not Required
Yes

Type of Tenancy

Lease
Yes

Yearly Net Oper Inc

Over $25,000
Yes

Deposits

Deposit Required
Yes

Property Features

Unit Features: Carpet; Extra Storage; Patio/Balcony; Washer/Dryer Hookup Amenities: Playground; Pool Appliances: Dishwasher; Disposal; Oven/Range; Refrigerator Cooling: Central Heating: Central Buildings: Four or More Buildings; Two Stories Construction: Brick; Lapboard Siding; Vinyl Siding; Wood Frame Roofing Material: Composition Parking: Two or More; Paved Area Water: City Water Sewer: Public Utilities: Electricity Flood Insurance: Not Required Type of Tenancy: Lease Yearly Net Oper Inc: Over $25,000 Possession: At Closing Will Sell: 1031 Exchange; Cash; Conventional; Owner Carry First Deposits: Deposit Required
IDX
Listing Office: Gregg Stancer Realty
Last Updated: December - 17 - 2019
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