23195 Shannon Lane, Summersville, MO 65571
$450,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
210,395
Status:
Active
Current Price:
$450,000
List Date:
10/02/2025
Last Modified:
9/19/2026
Overview
Description
...
(Read more)
Investor Opportunity: 7-Unit Apartment + 21 Storage Units on 3 Acres near Summersville, MO
Discover 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.
Listing Details MLS# 60306262
Contract Information
- Property Sub-Type
- Apartment Building
- Begin Date
- 2025-10-02
- Transaction Type
- Sale
- Foreclosure/Short Sale
- No
- Agreement Type
- Exclusive Right To Sell
Location Tax and Other Information
- Street #
- 23195
- Street Name/Route
- Shannon
- Suffix
- Lane
- County
- Texas
- State/Province
- MO
- Zip Code
- 65571
- Subdivision
- N/A
- Parcel ID
- 23-0.6-13-000-000-009.00
- Real Estate Tax
- 1749.11
- Tax Year
- 2024
- Zoning
- Residential
- Section
- 13
- Township
- 29
General Property Description
- SqFt Finsh'd & Unfnsh'd
- 5000 or more
- Aprx Year Built
- 1980
- Total Monthly Rent
- 2100
- Number of Units
- 7
- # One Bedroom Units
- 7
- Aprx Lot Size (Acres)
- 4.83
- Lot Dimensions
- Acres
- Elementary School
- Summersville
- Middle School
- Summersville
- High School
- Summersville
- Waterfront/View
- None
- Lake/River
- None
Remarks Misc
- Directions
- From Summersville, Missouri, Take 106 East then left on Hwy JJ/Main Street. Property is 1/2 mile on the right.
One Bed Units
- One Bed $
- $251 - $350
- One Bed SqFt
- 501 - 800 SqFt
More Information
Baths
- Each Unit
- Yes
Location, Tax and Other Information
- Inside City Limits
- No
Views
- Panoramic
- Yes
Unit Features
- Carpet
- Yes
Construction
- Masonite
- Yes
- Metal
- Yes
Utilities
- Co-Op
- Yes
Cooling
- Wall Unit
- Yes
Appliances
- Oven/Range
- Yes
- Refrigerator
- Yes
Heating
- Forced Air
- Yes
Miscellaneous
- Smoke Detector
- Yes
Parking
- Two or More
- Yes
Roofing Material
- Metal
- Yes
Possession
- Negotiable
- Yes
Will Sell
- Cash
- Yes
- Conventional
- Yes
Buildings
- One Building
- Yes
- One Story
- Yes
Streets
- Asphalt
- Yes
Water
- Well - Private
- Yes
Sewer
- Septic
- Yes
- Other - See Remarks
- Yes
Documents Available
- Disclosure
- Yes
Type of Tenancy
- Monthly
- Yes
Deposits
- Unknown
- Yes
Property Features
Views:
Panoramic
Unit Features:
Carpet
Appliances:
Oven/Range; Refrigerator
Cooling:
Wall Unit
Heating:
Forced Air
Buildings:
One Building; One Story
Construction:
Masonite; Metal
Roofing Material:
Metal
Parking:
Two or More
Streets:
Asphalt
Miscellaneous:
Smoke Detector
Water:
Well - Private
Sewer:
Septic; Other - See Remarks
Utilities:
Co-Op
Documents Available:
Disclosure
Type of Tenancy:
Monthly
Possession:
Negotiable
Will Sell:
Cash; Conventional
Deposits:
Unknown
Listing Office:
United Country Missouri Ozarks Realty Inc.
Last Updated: September - 19 - 2026
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