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Tara Limbird

Principal Broker | Operator | Limbird Real Estate Group | PLACE

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23195 Shannon Ln , Summersville, MO 65571
$450,000
Est. Payment: $2,320.61/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 337
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Tara Limbird
Principal Broker | Operator

House Description

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.

Highlights

Listed by Kimberly Grennan , (417) 293-7277 and Bob McBride , (417) 247-0512 United Country Missouri Ozarks Realty Inc. , (417) 256-1000. Southern Missouri Regional MLS, LLC.

Property Type

Multi-Family

Lot/Acreage
4.83

Year Built

1980

County

Texas

Neighborhood

N/A

School District

Summersville

Listing ID

60306262

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Range, Refrigerator
Air Cond:Wall Unit(s)
Fireplaces:
Other:
  • Additional:Carpet
Water:Private

Exterior Features

Zoning:Residential
Roof:Metal
Sewer:See Remarks,Septic System
Parking Features:Two or More
Principal Interest
$2,321
Taxes
$146

Home Price

$450,000

Loan Details

30 yrs
6.69%

Down Payment

20%
$90,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,320.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,320.61 $145.76 $0.00 $2,466.37
Yearly $27,847.36 $1,749.11 $0.00 $29,596.47
Total $835,420.77 $52,473.30 $0.00 $887,894.07

Today's Rates

30 Year

6.69%

20 Year

6.49%

15 Year

6.16%

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Market insight data is pulled from the same city as the listing being viewed (Summersville, MO).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Limbird Real Estate Group | PLACE are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. ©2026 Southern Missouri Regional MLS, LLC. All rights reserved.

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Data last updated: 2026-09-04T20:51:33.000Z

© 2026 Southern Missouri Regional MLS, LLC.