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22812919
22812920

838 MO-7, Camdenton, MO 65020 For Sale

EA
IL IL 524551638
Barbermurphy Group
Listed by Barbermurphy Group
$1,500,000
467 days on market
Updated 3 days ago

18 Unit Multi-Family Investment

Details
APN 19-2.0-03.0-000.0-000-002.007
Property Type Multifamily
Sub Type Apartment Building
Units 18
Cap Rate 8.20%
NOI $112,600
Class B
Year Built 2008
Acreage 3.500
Zoning Multi-Family
Investment Type Stabilized

Multifamily | 10.5% Proforma CAP Rate | 18 Units

Marketing description

Welcome to 838 S Hwy 7 — a cash-flowing multifamily opportunity in the growing Camdenton submarket, just minutes from Highway 5 and the Camdenton Memorial-Lake Regional Airport. This 18-unit property features 16 stabilized units that are 100% occupied with long-term tenants, providing consistent in-place income.

Value-add potential exists with 2 additional units in need of rehab, offering upside through increased unit count and cash flow. Furthermore, the current rents are below market, providing an additional layer of income growth through repositioning.

Highlights include:

  • 18 total units (16 occupied / 2 ready for rehab)

  • 100% occupancy across finished units

  • Long-term tenants with stable rent history

  • Significant value-add potential through interior renovations and rental increases

  • Below-market rents – seller has not brought units to current market levels

  • Prime location near major highways and regional airport

838 S Hwy 7 is located just southeast of downtown Camdenton, Missouri. The property sits along Highway 7, near its intersection with Highway 5, offering strong regional connectivity. It’s conveniently located near Camdenton Memorial-Lake Regional Airport, providing easy access for general aviation without being directly adjacent.

Listing Contacts

EA
IL IL 524551638
Barbermurphy Group
Listed by Barbermurphy Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$112,600.00
$9,383.33/mo

Valuation Metrics

0
DSCR
7.51%
Cap Rate
7.51%
ROI

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