5551 N Graze St
Ozark, MO 65721
Deerbrook Farms · Multifamily Property For Sale · 32 Units

Newmark Grubb Zimmer Capital Markets (NGZ),as exclusive advisor, is pleased to present the opportunity to acquire Deerbrook Farms (the Property), a new construction 32-unit multifamily portfolio located at 5552 - 5555 N Graze Street, 2391 - 2393 W Fallow Lane, 5551 - 5554 N Acre Avenue in Ozark, Missouri. Deerbrook Farms is composed of two-bedroom, two-bathroom units of approximately 1,100 square feet of living area. Each unit features spacious living areas, 400 square foot two car garages and exterior patios for additional outdoor space. The property is comprised of eight Class A new construction 4-plexes scheduled to be delivered in Q1 of 2020. The Property is located in the thriving community of Ozark located between Springfield and Branson with easy access to US-65 and US-60 Highways. Approximate travel time to Springfield is just 10 minutes and 25 minutes to Downtown Branson. The Ozark portfolio is within the highly desirable and rated Ozark School District and offers proximity to amenities including numerous restaurants and other retail vendors along the Highway J corridor. The property is being offered prior to lease up providing investors the ability to acquire new construction multifamily product with exceptional upside. Current asking rents of $1,400 - $1,600 per month are below market allowing investors the ability to achieve stabilization with an accelerated lease up. Additionally, the limited number of competitive properties in the market are leasing at rates in the $1,900 - $2,000 range providing investors significant upside.