Welcome to 838 S Hwy 7 — a cash-flowing multifamily opportunity in the growing Camdenton submarket, just minutes from Highway 5 and the Camdenton Memorial-Lake Regional Airport. This 18-unit property features 16 stabilized units that are 100% occupied with long-term tenants, providing consistent in-place income.

Value-add potential exists with 2 additional units in need of rehab, offering upside through increased unit count and cash flow. Furthermore, the current rents are below market, providing an additional layer of income growth through repositioning.

Highlights include:

• 18 total units (16 occupied / 2 ready for rehab)
• 100% occupancy across finished units
• Long-term tenants with stable rent history
• Significant value-add potential through interior renovations and rental increases
• Below-market rents – seller has not brought units to current market levels
• Prime location near major highways and regional airport

838 S Hwy 7 is located just southeast of downtown Camdenton, Missouri. The property sits along Highway 7, near its intersection with Highway 5, offering strong regional connectivity. It’s conveniently located near Camdenton Memorial-Lake Regional Airport, providing easy access for general aviation without being directly adjacent.

Sale Price: $1,700,000
CAP Rate: 6.62%
NOI: $112,600
*Contact Broker for Financials