15840 Colorado Pl, Princeton, MO 64673
Exceptional opportunity to own 0.69 acres of land situated at the entrance to Twin Lakes in Princeton, Missouri. This property is ideal for building a new home or a tiny house, offering a tranquil lakeside lifestyle. Twin Lakes boasts a no-wake lake, a swimming beach, a clubhouse, and excellent fishing opportunities. The annual lake association dues of $490 include trash removal services. Utilities are available on-site; however, an estimated $700 upgrade is needed for the electrical hookup and underground service. A water meter is already installed. Conveniently, a sewer hookup is available through the lake association's sewer system, eliminating the need for a septic system. Note that a mobile home currently on the property will be removed within 90 days of closing. This prime location provides easy access to all the amenities Twin Lakes offers, making it a perfect retreat or permanent residence. The asking price for this exceptional property is $40,000. Don't miss this chance to own your piece of lakefront paradise.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.