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27812263
27812262

3601 Westwind Dr, Ozark, MO 65721 For Sale

SVN | Rankin Company, LLC
Listed by SVN | Rankin Company, LLC
$2,900,000
270 days on market
Updated 11 days ago

3601 Westwind Dr

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 33,600
Units 32
Occupancy 90.3%
Year Built 1995
Acreage 9.900

Multifamily | 32 Units | $90,625/unit

Marketing description

SVN is pleased to offer this 32-unit multifamily apartment building for sale in Ozark, MO. The property known as the Cedar Hills Apartments, sits on a 9.9 acre tract with around 5 acres for additional development. The units are 1,050 SF each with two bedrooms and one bathroom. Each unit also has a private garage. The current occupancy is 90%. This property offers an opportunity for value-add through additional development or increased revenues. Approximate value of excess 5 acres is $300,000.00.

This property is located in Ozark, MO off of Westwind Drive near the intersection of Fremont Road. The property is four minutes from State Highway CC and five minutes from Highway 65. The property is near several local and national retailers like 4 by 4 Brewing Company, Casey's, Southern Bank, Ozark West Elementary, Sonrise Baptist Church, and many more.

Lee McLean III, SIOR, CCIM serves as a Senior Advisor for SVN Commercial in the Springfield Missouri metro area. Lee holds the SIOR & CCIM designation, a Brokers-Associate real estate license and ranks in the top 3% of SVN International.

Investment highlights

SALE PRICE: $2,900,000.00

UNITS: 32

BUILDING SIZE: ±33,600 SF

PRICE/UNIT: $90,625.00

LOT SIZE: 9.9 Acres

UNIT SIZES: 1,050 SF

PRIVATE GARAGES: Yes (32)

OCCUPANCY: 90.6%

YEAR BUILT: 1995

Listing Contacts

SVN | Rankin Company, LLC
Listed by SVN | Rankin Company, LLC

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