19589 State Highway 112 , Cassville, MO 65625(Barry County)

If you're an investor looking for a great rental property, you'll certainly want to give this tri-plex a close look. Situated just a few miles south of Cassville, it offers good investment potential with room to expand. This tri-plex features three 3 bedroom, 1 bath apartments, each approximately 1,200 square feet in size. The owners have made numerous improvements to the property over the past few years, including flooring, counters, LED lighting, and more. The location is ideal, just a few miles from town, but close to the ever-popular Roaring River State Park and the Cassville golf course. Apartments are furnished with appliances and are all-electric. A private septic system means no sewer bills, and with demand for rentals exceeding supply in the area, keeping them occupied should be easy. In fact, the current renters have been residents for quite some time, but the owners regularly get applications from other prospective tenants.

Another great feature of this tri-plex is that due to the size of the lot, there's potential for adding additional units. Based on the demand the sellers have seen, it's likely that additional units would rent quickly as well. ROI on this property is strong, coming in at greater than 7% at the list price. Additional rental property is available for sale nearby as well, so whether you're just starting out with rental properties or you're a seasoned veteran in the industry, give this one some consideration. If you'd like to know more about this property's income potential or you'd like to schedule an appointment to see it, call Land Agent Scott Sudkamp at (417) 321-5427 today.

Property Features

-Tri-plex apartments with 3 beds, 1 bath

-Recently remodeled

-Nice yard with mature trees

-High local demand for rental housing

-Paved highway frontage

-Close to Roaring River State Park

-Close to Cassville Golf Club

-Room to expand

-ROI >7% at list price

-Cassville schools