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3601 Westwind Dr Ozark, MO 65721

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For Sale
$3,500,000

Multifamily apartment building with development potential in Ozark, Missouri.

Building Details

Year built
1987

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Listing Contact
Lee Mclean Iii, Sior, Ccim
Source: Svn

Listing Agent: Lee Mclean Iii, Sior, Ccim

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

32-Unit Multifamily Investment Opportunity

This 32-unit multifamily apartment building, known as Cedar Hills Apartments, is available for sale in Ozark, Missouri. Constructed in 1995, the property is situated on a 9.9-acre tract, with approximately 5 acres available for additional development. Each unit features 1,050 square feet of living space, with two bedrooms and one bathroom, and includes a private garage. The building totals approximately 33,600 square feet. The current occupancy rate is 77.4%. This property presents a value-add opportunity through further development or increased revenues. The property is located off Westwind Drive near the intersection of Fremont Road, four minutes from State Highway CC and five minutes from Highway 65. Nearby are local and national retailers such as 4 by 4 Brewing Company, Casey's, Southern Bank, Ozark West Elementary, and Sonrise Baptist Church.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Law Firm Building Supply Gym & Fitness Center Florist

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Ozark
County
Christian
State
Missouri
Longitude
-93.252227
Latitude
37.082438

FAQs

What type of property is this?
Apartment building - Multifamily apartment building with development potential in Ozark, Missouri.
Where is this apartment building located?
The property is located at 3601 Westwind Dr Ozark, MO.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: - Value-add opportunity on approximately 5 acres of excess land.; - Each of the 32 units includes a private garage.; - Large 2 bedroom, 1 bathroom units, each with 1,050 SF.
More about this property
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