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Cedar Hill Apartments 3601 Westwind Dr 32 Unit Apartment Building $2,900,000 ($90,625/Unit) Ozark, MO 65721
Investment Highlights
- All units feature private garages for enhanced tenant convenience
- Located minutes from Highway 65 and State Highway CC
- Strong regional workforce and educational institutions
- 5 acres of excess land offer development or expansion potential
- Surrounded by national retailers and community amenities
- Attractive cap rate with room for value-add improvements
Executive Summary
SVN is pleased to offer this 32-unit multifamily apartment building for sale in Ozark, MO. The property known as the Cedar Hills Apartments, sits on a 9.9 acre tract with around 5 acres for additional development. The units are 1,050 SF each with two bedrooms and one bathroom. Each unit also has a private garage. The current occupancy is 90%. This property offers an opportunity for value-add through additional development or increased revenues. Approximate value of excess 5 acres is $300,000.00.
Property Facts
| Price | $2,900,000 | Building Class | B |
| Price Per Unit | $90,625 | Lot Size | 9.90 AC |
| Sale Type | Investment | Building Size | 33,600 SF |
| No. Units | 32 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1995 |
| Property Subtype | Apartment | Parking Ratio | 3.04/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | PUD - Planned Urban Development | ||
| Price | $2,900,000 |
| Price Per Unit | $90,625 |
| Sale Type | Investment |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 9.90 AC |
| Building Size | 33,600 SF |
| No. Stories | 2 |
| Year Built | 1995 |
| Parking Ratio | 3.04/1,000 SF |
| Zoning | PUD - Planned Urban Development |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 32 | - | 1,000 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 04-0.9-32-000-000-012.004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $349,220 |
Property Taxes
Parcel Number
04-0.9-32-000-000-012.004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$349,220
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Cedar Hill Apartments | 3601 Westwind Dr
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