19824 State Highway 112 | Image 1
19824 State Highway 112 | Image 2
19824 State Highway 112 | Image 3
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19824 State Highway 112 | Image 7

$3,395,000

For Sale

11 days ago

19824 State Highway 112, Cassville, MO

House

MLS® 60329778

0 Bed

1 Bath

--

5 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $7,749
Days Active 11
Lot Size 19.700001 Acres
Approx. Age 1991
MLS® Number 60329778

Property Address: 19824 State Highway 112, Cassville, MO, 65625-8537

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity near Cassville! This 20 unit complex features six duplexes and an 8-plex, with each 2/1 unit ranging from 750-900 sf in size. Units are all-electric and have been meticulously maintainted, including new roofs on all units, new mini-split HVAC systems, and new windows. All units are low maintenance brick exterior. Occupancy is consistently 90-100%, with a waiting list of interested tenants. Also included in the sale is the owner's home. This is a 3/2.5 single story home built for comfort, luxury, and function. It offers plenty of living space and a functional floor plan. The custom kitchen features beautiful granite counters. A home office and family room on one end could be readily made into additional bedrooms. The patio/pool area is a masterpiece, featuring an 18x36' in-ground heated pool, large hot tub, covered outdoor dining area, and gas firepit. It has been extensively remodeled and updated, and is being sold fully furnished, ready for use as an additional upscale rental. The residence could also be remodeled into a deluxe duplex for additional income streams. A large detached garage offers plenty of parking and storage, and next to it is a newer 1200 sf shop.Also worth noting is the acreage. With nearly 20 acres, there is plenty of room to add more apartments, storage units, cabins, or homes. A pond near the home is stocked with fish. With highway on the west and a county road on the east, access is very good. It is situated just minutes from the golf course, and short drive to Roaring River State Park and Table Rock Lake, two very popular tourist attractions. All in all, this is a remarkable property packaged together for a great investment opportunity. The current cap rate is 5.3%, with a realistic cap rate potential of 6+%.
MLS® Number60329778
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1991
Basement
Driveway
Garage Spaces
HeatOther
A/COther - See Remarks, Wall Unit(s), Ceiling Fan(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 25, 2026List Date
$3,395,000List Price
  • Commute

Commute

Starting Address
Destination Address
19824 State Highway 112, Cassville, MO

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