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518 W 7th St

3,328 SF Specialty Building Offered at $529,900 at a 4.35% Cap Rate in Hermann, MO 65041

Investment Highlights

  • Amazing Deck View Overlooking Hermann
  • Current Vacation Rental
  • BRAND NEW HVAC
  • Sleeps up to 12 Guests
  • The home offers 5 beds & almost 5 baths, over 3,300 total SF, Quartz Kitchen Counters, dual water heaters, fully furnished (interior & exterior)!

Executive Summary

Enjoy Heavenly Views at 7th Heaven Guesthouse! 7th Heaven provides one of the most popular Guest House experiences in Hermann, Coming Soon! Offering up to 12 ppl accommodations. An active Guest House on Airbnb & VRBO, this vacation rental is zoned for a quick turnkey continued rental or primary residence for the growing family. The home offers 5 beds & almost 5 baths, over 3,300 total SF, Quartz Kitchen Counters, dual water heaters, fully furnished (interior & exterior) BRAND NEW HVAC & reserved mostly weekends with great income! The guests have raved about their stays, extra large spaces, multiple entertaining areas, cozy beds & "THAT VIEW" off the huge deck, a courtyard perfect for group games, superior cleanliness & attention to detail. TWO living areas & dining spaces make for a great group gathering featuring 2 entry options. STEPS FROM THE ACTION & A MUST SEE!! Situated on almost a .50 AC lot at the end of 7th St & backs up to wooded property. CALL TODAY TO BE A NEW VACATION RENTAL HOST!

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $529,900
Price Per SF $159
Sale Type Investment or Owner User
Cap Rate 4.35%
Property Type Specialty
Property Subtype Residential Income
Building Class B
Lot Size 0.50 AC
Building Size 3,328 SF
No. Stories 2
Year Built/Renovated 1970/2017
Corridor Interior

Amenities

  • Smoke Detector

zoning

Zoning Code C1 Zoning (The "C-1" District is designed to provide convenient retail, finance, food and beverage processing, personal services and entertainment areas to meet.)
C1 Zoning (The "C-1" District is designed to provide convenient retail, finance, food and beverage processing, personal services and entertainment areas to meet.)
  • Listing ID: 33273381

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: 518 W 7th St, Hermann, MO 65041

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