Fountain Ln Kimberling City, MO 65686
- Retirement homes
- 41,373 SF
- 6.00 lot acres
Current Use by Public Records
- Retirement homes
Property Details for 0 Fountain Ln
- Year built
- 1981
- Lot size
- 6.00 lot acres
- Property size
- 41,373 SF
- Property type
- Retirement homes
- Property subtype
- Mixed-use properties
Description
This expansive 41,373-square-foot mixed-use property in Kimberling City, Missouri, presents a unique investment opportunity. Built in 1981 with a 2007 addition and renovations to the front dining/reception area, this former healthcare facility boasts 60 rooms, plus extensive common areas including laundry, kitchen, and dining/reception spaces. Previously leased for approximately $32,000 per month, the facility closed in December 2020 following lease expiration and the onset of the COVID-19 pandemic. Situated on a 6-acre lot (Lot 18 of Table Rock Village), the property enjoys convenient access via a county-maintained road. The northeast wing features private bathrooms in each room, while the remainder of the facility offers shared bath/shower areas. The property includes an 80 kW propane-powered generator with an automatic transfer switch. A water/sewer sharing agreement with adjacent properties is in place, covering 50% of operational expenses and maintenance. The Missouri DNR outflow permit for the hot water boiler is temporarily modified due to the boiler's functional obsolescence
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kimberling City
- County
- Stone
- State
- Missouri
- Longitude
- -93.4479
- Latitude
- 36.6419
