Lot 9 Country Ridge Drive

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Lot 9 Country Ridge Drive

Camdenton, MO 65020
Asking Price
$119K
Asset Type
Multifamily
Class
Class B

What's Special

Lot 9 Country Ridge Drive is situated in Camdenton, Missouri, within the Lake of the Ozarks region. The property is located in a developing residential area characterized by a mix of established single-family homes and newer multi-unit builds. It offers proximity to the Camdenton R-III school district facilities and local retail centers along the Highway 5 and Highway 54 corridors. The site provides access to regional transportation routes connecting to Osage Beach and the surrounding lake communities, providing a balance of suburban quiet and logistical convenience. The site is suited for multifamily development, such as a duplex or low-density apartment complex, consistent with neighboring land use. A potential tenant profile includes local professionals, small families, or commuters working in the central lake area or the Laclede County corridor. The location appeals to individuals seeking housing near the city’s administrative hub and recreational amenities while maintaining a residential atmosphere. The topography and zoning support residential density designed to meet the consistent demand for rental housing in the Camdenton market.

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NOI
$80,000
Cap Rate
67.23%
DSCR
11.32
Strong
Cash-on-Cash
204.30%
Monthly Payment
$588.747
Annual Cash Flow
$72,935.035

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