5492 Black Elk Ln, Stover, MO 65078

Property Details for 5492 Black Elk Ln

Year built

1981

Lot size

236.00 lot acres

Property type

Commercial real estate

APN

176013000000001002

Description

This exceptional 236-acre Missouri property presents a unique investment opportunity. The offering includes a 5,240 square foot, two-story apartment building constructed in 1981, boasting three bedrooms and two bathrooms, plus a finished basement. The property also features a substantial 5,400 square foot climate-controlled pavilion, perfect for various events. Outdoor amenities are extensive, including twelve full hook-up RV sites, ten non-hook-up RV sites, and numerous tent campsites. A large swimming pool and a 20-person hot tub add to the recreational appeal. Located at 5492 Black Elk Ln, Stover, MO 65078, this property offers significant potential for rental income from the apartment building and recreational facilities. The asking price is $2,850,000, translating to $544 per square foot. The expansive acreage provides ample space for future development or expansion. This turnkey operation is ready for immediate income generation and offers a compelling return on investment. The property's diverse offerings cater to a wide range of potential renters and guests, ensuring consistent occupancy and revenue streams. The combination of residential and recreational elements creates a unique and highly desirable property. The property's location in Morgan County, Missouri, offers a tranquil setting while remaining accessible to local amenities. This is a rare opportunity to acquire a substantial property with diverse income streams and significant upside potential.

Location Insight

City

Stover

County

Morgan

State

Missouri

Longitude

-92.9683817

Latitude

38.3131483