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Seven one Bedroom Apartments & 2 Storage Unit 23195 Shannon Ln 7 Unit Apartment Building $450,000 ($64,286/Unit) Summersville, MO 65571

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INVESTMENT HIGHLIGHTS

  • Turnkey with great income potential - 85% rented
  • Close to Rivers and National Forest
  • 21 Storage Units on 4+ acres with room for expansion

EXECUTIVE SUMMARY

Investor Opportunity: 7-Unit Apartment + 21 Storage Units on 3 Acres near Summersville, MO Discover a turnkey income property in the heart of the Missouri Ozarks. This well-located portfolio includes 7 one-bedroom/one-bath apartment units (6 leased, 1 available) and 21 storage units, all situated on 4+ acres with generous expansion potential. Built with durable metal roofing and served by two septic systems, this asset offers both stability and flexibility. Positioned just minutes from downtown Summersville, the property provides tenants with easy access to local amenities, schools, and services, while delivering the peace and scenic charm of rural living. Nature and recreation abound in this region. The property lies within reach of the Mark Twain National Forest and enjoys proximity to the Eleven Point Wild & Scenic River and the Jacks Fork River—drawing paddlers, anglers, hikers, and nature lovers from across the region. For investors, the existing rent roll delivers strong cash flow, and the vacant unit presents an immediate upside. Meanwhile, the ample site acreage creates room for further units, additional storage, or alternative commercial uses over time. This is your chance to acquire a multi-asset, low-maintenance property with built-in expansion potential in a desirable outdoor recreation market of southern Missouri.

PROPERTY FACTS

Price $450,000
Price Per Unit $64,286
Sale Type Investment
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 4.84 AC
Building Size 6,438 SF
Average Occupancy 85%
No. Stories 1
Year Built 1980

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Range
  • Tub/Shower
  • Carpet

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 7 - 500

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-0.6-13-000-000-009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$39,480
  • Listing ID: 37963148

  • Date on Market: 10/6/2025

  • Last Updated:

  • Address: 23195 Shannon Ln, Summersville, MO 65571

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