Search
40-Unit Apartment Complex
For Sale
$2,800,000

1041 Ivey Lane, Lebanon, MO 65536

Sundance Apartments includes 3 two- and three-bedroom unit layouts with on-site management and outdoor amenities.

Property SizeContact for details
Days on Market57

Property Features for 1041 Ivey Lane

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 40

Amenities

playground
volleyball court
on-site manager
picnic area

Building Details

Year Built 1999
Listing Agency: Moreno Group Commercial Realty
Listed By: Caleb Moreno
Source: Morenogroupmo
Added: Jun 25 Changed: Jul 23 Last Checked: Aug 20 at 4:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Moreno Group Commercial Realty

Investment Insights

Based on property information with market context.

Sundance Apartments is a 40-unit multifamily property offered for sale. The community includes (33) two-bedroom units and (7) three-bedroom units. Amenities listed for the property include a playground, volleyball court, on-site manager, and picnic area.

The property is located right off Interstate-44 and is described as being surrounded by well-known businesses and restaurants, including Hampton Inn, Waffle House, Slim Chickens, Super 8, and Subway.

The property is currently part of the LURA program, expiring in 3 years. Please contact the listing agent for additional information.

Key Highlights

  • 40‑unit apartment complex built in 1999
  • Unit mix includes (33) 2/2 and (7) 3/2 layouts
  • Convenient access right off Interstate‑44

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Plumbing Service Kitchen & Bath Showroom Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

40
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

185
Businesses Nearby

Demographics for 65536, MO

29,550
Population
13,156
Households
2.2
Avg Household Size
40
Median Age
16%
College-Educated
86%
High-School Grad
402.2 sq mi
ZIP Area
73
Density / Sq Mi
$50,902
Median Household Income
$35,140
Median Earnings
$805
Median Rent
$159,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Sundance Apartments includes 3 two- and three-bedroom unit layouts with on-site management and outdoor amenities.
Where is this apartment building located?
The property is located at 1041 Ivey Lane Lebanon, MO.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 40‑unit apartment complex built in 1999; Unit mix includes (33) 2/2 and (7) 3/2 layouts; Convenient access right off Interstate‑44
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message