Steelville, MO 65565,227 E Highway 8 #B
Steelville, MO 65565,227 E Highway 8 #B
Steelville, MO 65565,227 E Highway 8 #B
8
$400,000
$429,845
6.9%
Est.Price: ?

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227 E Highway 8 #B Steelville, MO 65565

Est. payment /mo
SOLD DATE : 08/15/2025

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Key Details

Sold Price $400,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 25035378

Sold Date 08/15/25

Year Built 1975

Annual Tax Amount $875

Acres 4.74

Property Description

INVESTMENT property! located just east of Steelville, MO and on blacktop hwy 8 frontage this 5.5 acres is an opportunity not to be passed. Steelville is known as the floating capital of the Midwest with its many clear flowing streams and many canoe outfitters. There is a need for low priced rentals and this park helps satisfy the need. Currently there are 12 rentals rented for $600 per month not including a nice home currently being remodeled (take 3 months and approximately $30,000 to finish). The expenses are roughly $800 per year for insurance which covers liability and full on duplex, $90 for trash, $45 for well. The current owner trades one rental out for occupants to manage and labor on park. There are two lagoons, one currently being used and they are legal in the state of Missouri. This is a ready to go park and is priced at $429,845
. The park also adjoins the two rental homes next door and all bought together would be a great income stream and investment.

Location

State MO

County Crawford

Area 803 - Steelville

Interior

Fireplace N

Exterior

View Y/N No

Building

Water Well

Structure Type Other

Others

Ownership Private

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listing As Is, Standard

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Listed by taylor Bailey • Bailey Properties, Inc.
Bought with Lucas McElhannon

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Name

Phone*

Message

Madison Woodsmall

+1(636) 233-8477

madisonwoodsmall@epique.me