1732 Highway 54 - Apartments FOR SALE


Eldon, MO 65026
$799,000 USD
314-974-0388
1732 Highway 54, Eldon, MO for Sale
$799,000 USD
Apartments - FOR SALE
1/69
null | 10.98% Cap Rate

1732 Highway 54
Eldon, MO 65026


HIGHLIGHTS

  • 7 Incoming Producing Units
  • Zoom to Expand
  • Privacy

OVERVIEW

A private and unique income producing property in a great location with a parklike setting! This property is gated with a gorgeous custom electric gate for added security & is made up of 6 rental units that include 2-1 bed/1 bath custom built cabins, 2 brand new high end mobile homes, 2 modern container homes with spacious wrap around decks & a RV & RV pad that can be used as a 7th rental. The harmonious blend of rustic charm & modern finishings makes this property ideal for nature loving tenants & those seeking a peaceful escape from the hustle & bustle of the busy lake life while still being within minutes to everyday amenities like dining, shopping & entertainment. Units have all furnishings, electronics & decor & all units are rented out with good & reliable tenants, and is plenty of room to expand. There is a fire pit area on a gravel bar that runs next to a quaint creek. This property has been meticulously maintained & crosses a newly installed bridge making it ready for the next owner to take over and enjoy the land & additional income. Located right off HWY 54 this property offers renters privacy without sacrificing location. See MLS 3570692 for listing w/ additional land. Additional Land Available to make the Property 70 Acres (Currently 6.02)

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$242 USD /SF

# OF UNITS

7

PRICE/UNIT

$114,143

CAP RATE

10.98%

% LEASED

86%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hidden Hills Creek

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

123008000000001003

ASK ABOUT THIS PROPERTY

Michael SwiftSwift & Co. RealtyMore Info
314-974-0388

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Michael SwiftSwift & Co. RealtyMore Info
314-974-0388

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.