23195 Shannon Ln - Multi-Family FOR SALE


Summersville, MO 65571
$450,000 USD
417-293-7277
23195 Shannon Ln, Summersville, MO for Sale
$450,000 USD
Multi-Family - FOR SALE
1/32
null | Request Cap Rate

23195 Shannon Ln
Summersville, MO 65571


HIGHLIGHTS

  • Turnkey with great income potential - 85% rented
  • 21 Storage Units on 4+ acres with room for expansion
  • Close to Rivers and National Forest

OVERVIEW

Investor Opportunity: 7-Unit Apartment + 21 Storage Units on 3 Acres near Summersville, MO Discover a turnkey income property in the heart of the Missouri Ozarks. This well-located portfolio includes 7 one-bedroom/one-bath apartment units (6 leased, 1 available) and 21 storage units, all situated on 4+ acres with generous expansion potential. Built with durable metal roofing and served by two septic systems, this asset offers both stability and flexibility. Positioned just minutes from downtown Summersville, the property provides tenants with easy access to local amenities, schools, and services, while delivering the peace and scenic charm of rural living. Nature and recreation abound in this region. The property lies within reach of the Mark Twain National Forest and enjoys proximity to the Eleven Point Wild & Scenic River and the Jacks Fork River—drawing paddlers, anglers, hikers, and nature lovers from across the region. For investors, the existing rent roll delivers strong cash flow, and the vacant unit presents an immediate upside. Meanwhile, the ample site acreage creates room for further units, additional storage, or alternative commercial uses over time. This is your chance to acquire a multi-asset, low-maintenance property with built-in expansion potential in a desirable outdoor recreation market of southern Missouri.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$90 USD /SF

# OF UNITS

7

PRICE/UNIT

$64,286

CAP RATE

Request Cap Rate

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seven one Bedroom Apartments & 2 Storage Unit

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.83 AC

LAND SF

210,395 SF

ZONING

-

APN/PARCEL ID

23-0.6-13-000-000-009.00

ASK ABOUT THIS PROPERTY

Kimberly GrennanUnited Country Missouri Ozarks RealtyMore Info
417-293-7277

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Kimberly GrennanUnited Country Missouri Ozarks RealtyMore Info
417-293-7277

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