TBD Godfrey

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TBD Godfrey

Eldon, MO 65026
Asking Price
$79K
Asset Type
Apartment Building Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel covers 0.96 acres of land for development
  • Asset is zoned for apartment building project use
  • Offered for sale at a price of 79000
  • Property is situated within the city of Eldon
  • Site supports residential development in growing market

What's Special

This 0.96-acre plot of land in Eldon, Missouri, presents a development site for an apartment building project. Situated in a region known for its steady residential growth near the Lake of the Ozarks, the property occupies a strategic position for investors looking to expand their multifamily portfolio. The location offers accessibility for residents seeking proximity to local commerce and regional transit routes. Multi-family developers can utilize this parcel to address housing demand within this growing suburban market. The configuration of the acreage allows for flexible site planning tailored to the specific density requirements of the Eldon area. Potential investors and builders should evaluate the local zoning and utility infrastructure to determine the scale of the residential community that can be supported at this site.

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NOI
$80,000
Cap Rate
101.27%
DSCR
17.06
Strong
Cash-on-Cash
317.76%
Monthly Payment
$390.849
Annual Cash Flow
$75,309.813

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