$450,000 No Recent Price Change
23195 Shannon Lane
Summersville, MO 65571
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • N/ASqFt
  • 1980Year Built
  • 4.83Acres
  • MLS# 60306262
  • Residential Income
  • Multi Family
  • Active

  • Approx Time on Market8 months, 5 days
  • AreaTexas
  • CountyTexas
  • Subdivision N/a

Overview

Investor Opportunity: 7-Unit Apartment + 21 Storage Units on 3 Acres near Summersville, MODiscover a turnkey income property in the heart of the Missouri Ozarks. This well-located portfolio includes 7 one-bedroom/one-bath apartment units (6 leased, 1 available) and 21 storage units, all situated on 4+ acres with generous expansion potential. Built with durable metal roofing and served by two septic systems, this asset offers both stability and flexibility.Positioned just minutes from downtown Summersville, the property provides tenants with easy access to local amenities, schools, and services, while delivering the peace and scenic charm of rural living.Nature and recreation abound in this region. The property lies within reach of the Mark Twain National Forest and enjoys proximity to the Eleven Point Wild & Scenic River and the Jacks Fork River--drawing paddlers, anglers, hikers, and nature lovers from across the region.For investors, the existing rent roll delivers strong cash flow, and the vacant unit presents an immediate upside. Meanwhile, the ample site acreage creates room for further units, additional storage, or alternative commercial uses over time.This is your chance to acquire a multi-asset, low-maintenance property with built-in expansion potential in a desirable outdoor recreation market of southern Missouri.



Association Fees / Info

Hoa:  No

Building Info

Basement:  No

Roof:  Metal

Construction Materials:  Metal, Masonite

Exterior Features

Financial

1 Bed Unit Price:  7.00

Som Security Deposit:  Unknown

Total Actual Rent:  2,100

Garage / Parking

Garagetype:  Two or More

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Fireplaces:  No

Interior Amenities:  Carpet

Appliances:  Range, Refrigerator

Lot Info

Acres:  4.83

Marina Info

Misc

Miscellaneous:  Smoke Detector

Insidecitylimits:  No

Other

Other Structures:  One, One Story

Foreclosure:  No

Property Info

Township:  29

Year Built:  1980

View:  Panoramic

View:  No

Road Surface:  Asphalt

Zoning:  Residential

County:  Texas

Rental Info

Lease Term:  Monthly

Room Info

Sqft Info

Som Sqft Finished and Unfinished:  5000 or more

Tax Info

Tax Year:  2024

Tax Amount Annual:  1749.11

Unit Info

Total Units:  7

Utilities / Hvac

Sewer:  See Remarks, Septic System

Cooling:  Wall Unit(s)

Utilities:  Cooperative

Water Source:  Private

Heating:  Forced Air

Waterfront / Water

Waterfront View:  None

Lake River:  None

Schools

Elem:  Summersville

Middle:  Summersville

High:  Summersville

Directions

From Summersville, Missouri, Take 106 East then left on Hwy JJ/Main Street. Property is 1/2 mile on the right.

Listings courtesy of United Country Missouri Ozarks Realty Inc. 

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On foggyriver.com since Thu, Oct 2nd 2025
No Property History recorded for this listing.

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