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
IDX
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.

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