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110 Kimberling Shr

8 Unit Apartment Building $996,900 ($124,613/Unit) 4.51% Cap Rate Kimberling City, MO 65686

Apartment Buildings Missouri Kimberling City 110 Kimberling Shr, Kimberling City, MO 65686

INVESTMENT HIGHLIGHTS

  • HEAVY VACATION AND LAKE TRAFFIC
  • DEVELOPEMENT POSSIBILITIES FOR NIGHTLY RENTALS
  • LAKE VIEW WITH 3.9 LEVEL WOODED ACRES ZONED C-2

EXECUTIVE SUMMARY

This area sits on Table Rock Lake's main channel and overlooks the lake and the Kimberling City Bridge
It is zoned C-2 for nightly rentals, commercial or multifamily, etc. There are numerous existing amenities, a Marina is close by, as well as Restaurants and Shopping.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Gross Rental Income $48,000 $10.67
Other Income - -
Vacancy Loss - -
Effective Gross Income $48,000 $10.67
Taxes $800 $0.18
Operating Expenses - -
Total Expenses $800 $0.18
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual $48,000
Annual Per SF $10.67
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $48,000
Annual Per SF $10.67
Taxes
Annual $800
Annual Per SF $0.18
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $800
Annual Per SF $0.18
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $996,900 Apartment Style High Rise
Price Per Unit $124,613 Lot Size 3.84 AC
Sale Type Investment Building Size 4,500 SF
Cap Rate 4.51% Average Occupancy 75%
Sale Conditions
Deferred Maintenance
  • Redevelopment Project
 No. Stories 1
No. Units 8 Year Built 1960
Property Type Multifamily Parking Ratio 3.56/1,000 SF
Property Subtype Apartment
Price $996,900
Price Per Unit $124,613
Sale Type Investment
Cap Rate 4.51%
Sale Conditions
Deferred Maintenance
  • Redevelopment Project
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style High Rise
Lot Size 3.84 AC
Building Size 4,500 SF
Average Occupancy 75%
No. Stories 1
Year Built 1960
Parking Ratio 3.56/1,000 SF

UNIT AMENITIES

  • Yard

SITE AMENITIES

  • Lake Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 $500.00 500 - 550
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110 Kimberling Shr, Kimberling City, MO - AERIAL map view

PROPERTY TAXES

Parcel Number 14-2.0-09-001-002-009.000 Total Assessment $16,260
Land Assessment $0 Annual Taxes $800 ($0.18/SF)
Improvements Assessment $0 Tax Year 2023

PROPERTY TAXES

Parcel Number
14-2.0-09-001-002-009.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$16,260
Annual Taxes
$800 ($0.18/SF)
Tax Year
2023

ZONING

Zoning Code C2
C2
(417) 294-1162

CONTACT

  • Listing ID: 29639226

  • Date on Market: 9/27/2023

  • Last Updated:

  • Address: 110 Kimberling Shr, Kimberling City, MO 65686

More public record information on 110 Kimberling Shr, Kimberling City, MO 65686

The Multifamily Property at 110 Kimberling Shr, Kimberling City, MO 65686 is currently available for sale. Contact BFRealty for more information.

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110 Kimberling Shr, Kimberling City, MO for sale Aerial- Image 1 of 2
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110 Kimberling Shr
(417) 294-1162 x

110 Kimberling Shr

Allen Berkstresser

(417) 294-1162

(417) 294-1162

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