25654 Dove Dr Pittsburg, MO 65724
This exceptional Missouri lakefront resort, situated on 2.38 acres in Pittsburg, MO (zip code 65724), presents a compelling value-add investment opportunity. The property boasts 11,399 square feet across 11 buildings, featuring 17+ rental units ranging from cozy double rooms to spacious park models and modular homes, catering to diverse guest needs. A key asset is the 12-slip covered boat dock providing direct access to Pomme de Terre Lake. Further enhancing the property's appeal are 7 well-appointed storage units with concrete flooring and electricity, plus 3 additional carports. The resort enjoys a 90% occupancy rate and includes 20 parking spaces. Built in 1965, this single-story Class B property offers significant potential for increased revenue and return on investment. The asking price is $799,900, translating to $70.17 per square foot. With a substantial 1,036,728 square feet of air rights, future expansion possibilities are considerable. This established business benefits from its prime location and strong reputation, attracting repeat guests. The property's diverse offerings, including lodging, boat dock access, and ample storage, create a unique and highly desirable destination. The APN is 0940190010010010002022.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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