1570 East Highway 14, Ozark, MO 65721

$4,500,000
Property Type: MultiFamily Lot Size (sq. ft.): 229,126 Status: Closed
Current Price: $4,500,000 List Date: 9/19/2016 Last Modified: 12/17/2019

Description

**ALL OFFERS ARE DUES BY 5PM ON SEPTEMBER 28, 2016** Excelsior Gardens Apartment Community is a 104 unit garden style apartment community with a great location in rapidly growing Ozark, MO. The property was constructed from 2001 through 2003 and consists of 16 One Bedroom Units, 80 Two Bedroom Units, and 8 Three Bedroom Units. The property has been very well maintained over the years and has maintained a very high occupancy level consistently averaging 95%. Property offers tenant amenities such as a pool, playground, and barbeque areas. Adjoining commercial lot can be purchased for an additional price.

More Information MLS# 60063046

Contract Information

Transaction Type: Sale Foreclosure/Short Sale: No Property Sub-Type: Apartment Building Begin Date: 2016-09-19 List Price: $4,500,000 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: 59000 Waterfront/View: None Lake/River: None Aprx Year Built: 2001 Aprx Lot Size (Acres): 5.26 Lot Dimensions: Acres

Status Change Info

Price Disclosed: Yes Status: Closed Under Contract Date: 2016-10-18 Sold Date: 2017-01-13

Unit Features

Carpet: 1 Extra Storage: 1 Patio/Balcony: 1 Washer/Dryer Hookup: 1

Amenities

Playground: 1 Pool: 1

One Bed Units

One Bed $: Over $350 One Bed SqFt: Over 800 SqFt

Construction

Brick: 1 Lapboard Siding: 1 Vinyl Siding: 1 Wood Frame: 1

Two Bed Units

Two Bed $: Over $450 Two Bed SqFt: 751 - 1,000 SqFt

Utilities

Electricity: 1

Cooling

Central: 1

Three Bedroom Units

Three Bed $: Over $400 Three Bed SqFt: 1,001 - 1,500 SqFt

Appliances

Dishwasher: 1 Disposal: 1 Oven/Range: 1 Refrigerator: 1

Heating

Central: 1

Parking

Two or More: 1 Paved Area: 1

Roofing Material

Composition: 1

Possession

At Closing: 1

Will Sell

1031 Exchange: 1 Cash: 1 Conventional: 1 Owner Carry First: 1

Buildings

Four or More Buildings: 1 Two Stories: 1

Water

City Water: 1

Sewer

Public: 1

Flood Insurance

Not Required: 1

Type of Tenancy

Lease: 1

Yearly Net Oper Inc

Over $25,000: 1

Deposits

Deposit Required: 1

Location Tax and Other Information

Street #: 1570 Street Direction: East Street Name/Route: Highway 14 County: Christian State/Province: MO Zip Code: 65721 Subdivision: Anderson/Hedgpeth Parcel ID: 110725003012028001 Real Estate Tax: 51186.17 Tax Year: 2015 Legal Description: BEG NECOR LOT 5 ANDERSON-HEDGPETH ACRES: E420 S630 W50 N200 W400 N220 E20 N200 TO POB. (EXCELSIOR GARDENS APTS) Zoning: R3

Remarks Misc

Directions: Hwy 14 E. to 14th Ave. Property just off the intersection.

Property Features

Unit Features: Carpet; Extra Storage; Patio/Balcony; Washer/Dryer Hookup Amenities: Playground; Pool Appliances: Dishwasher; Disposal; Oven/Range; Refrigerator Cooling: Central Heating: Central Buildings: Four or More Buildings; Two Stories Construction: Brick; Lapboard Siding; Vinyl Siding; Wood Frame Roofing Material: Composition Parking: Two or More; Paved Area Water: City Water Sewer: Public Utilities: Electricity Flood Insurance: Not Required Type of Tenancy: Lease Yearly Net Oper Inc: Over $25,000 Possession: At Closing Will Sell: 1031 Exchange; Cash; Conventional; Owner Carry First Deposits: Deposit Required
Listing Office: Gregg Stancer Realty
IDX
Last Updated: December - 17 - 2019
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