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
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.
More Information MLS# 60274070
Contract Information
Transaction Type: Sale
List Price/SqFt: 145.13
Parent/Child: Parent
Foreclosure/Short Sale: No
Property Sub-Type: Apartment Building
Begin Date: 2024-07-26
List Price: $2,250,000
Agreement Type: Exclusive Right To Sell
Location, Tax and Other Information
Inside City Limits: Yes
RE Tax Provided By: Assessor Records
General Property Description
SqFt Finsh'd & Unfnsh'd: 5000 or more
Total Monthly Rent: 16500
# Efficiency Units: 0
# One Bedroom Units: 0
# Two Bedroom Units: 24
Waterfront/View: Front
Lake/River: Table Rock
Aprx Year Built: 1993
Number of Units: 24
Aprx Lot Size (Acres): 2.1
Lot Dimensions: Acres
Elementary School: Reeds Spring
Middle School: Reeds Spring
High School: Reeds Spring
Status Change Info
Price Disclosed: Yes
Status: Closed
Under Contract Date: 2025-07-23
Sold Date: 2025-08-21
Unit Features
Washer/Dryer Hookup: 1
Construction
Brick: 1
Vinyl Siding: 1
Utilities
Electricity: 1
Cooling
Central: 1
Baths
2 Per Unit: 1
Heating
Central: 1
Forced Air: 1
Parking
Two or More: 1
Roofing Material
Composition: 1
Will Sell
1031 Exchange: 1
Cash: 1
Conventional: 1
Buildings
Four or More Buildings: 1
Water
City Water: 1
Sewer
City Sewer: 1
Documents Available
Financial Records: 1
Type of Tenancy
Lease: 1
Yearly Net Oper Inc
Over $25,000: 1
Location Tax and Other Information
Street #: 1
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
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.
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
Listing Office:
ReeceNichols - Lakeview
Last Updated: December - 22 - 2025
Data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than the website owner are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is not guaranteed and should be verified by the consumer and is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers wish to purchase. Any representation that a web site contains all listings shall only mean that the web site contain all listing available to the public through the IDX data feed and other available properties may not be displayed on this site. © 2023 Southern Missouri Regional MLS, LLC All rights reserved.