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32-Unit Multifamily Investment Opportunity
For Sale
$2,900,000

3601 Westwind Dr, Ozark, MO 65721

Multifamily apartment building with development potential in Ozark, Missouri.

Property Size16,464 SF
Lot Size9.90 Acres
Price / SF$86.31
Days on Market165

Property Features for 3601 Westwind Dr

General Information

Standard status Active
Size 16,464 SF
Lot size 9.90 Acres
Property subtype Multifamily

Building Details

Building Size 16,464 SF
Year Built 1987
Listing Agency: SVN | Rankin Company, LLC
Listed By: Lee McLean III, SIOR, CCIM
Source: Svn
Added: Mar 5 Changed: Aug 16 Last Checked: Aug 17 at 6:08AM

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 SVN | Rankin Company, LLC

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Law Firm Restaurant Florist Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 65721, MO

32,975
Population
13,467
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
93%
High-School Grad
95.9 sq mi
ZIP Area
344
Density / Sq Mi
$76,552
Median Household Income
$41,653
Median Earnings
$991
Median Rent
$253,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

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 $2,900,000.
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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