2896 State Highway 176 Active Save Request In-Person Tour Request Virtual Tour
Rockaway Beach,MO 65740
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SOM60295529
Full Baths 8
Year Built 1935
Annual Tax Amount $2,013
Tax Year 2024
Lot Size 0.500 Acres
Property Description
YEAR END OPPORTUNITY! Priced to sell soon and rental income is one the RISE$--Make Laketown Cottages your next investment! Owners may pull it off market if not under contract before year end to do some more updating while improving rental income. If so would likely bring back on market sometime in 2026 at a higher price. **Sellers have been increasing monthly income since month to month units were below average $$. That said, they are on target for $70k+ for 2025 and projecting $80k+ for 2026** This income producing complex is right across from the lake with 7 cottages originally from the 1930-1940s. (4-1bd/1bt, 1-2bd/1bt, 1-3bd/1bt & 1-3bd/2bt) Two units (1-3bdrm & a 1bdrm) have been renovated and updated. One of those is just above the pool for Nightly Rentals selling furnished turnkey. The other 3bdrm is on a short lease with people who help maintain the property. The other five are active month to month or longer rentals. (See the pictures of Units #1 & #13 and get feel for the possibilities of the other five.) Rockaway Beach continues to update its historic properties and is growing as a vacation or residence destination. The resort property to the left is also renovating their cabins. Be a part of the next chapter and enjoy hosting people on this peaceful property next to Lake Taneycomo. Besides great lake views, across the street is a fishing area and boat launch. Rockaway Beach is just about a 15 minute drive to Branson and less than 30 minutes on the high road to Silver Dollar City. Buyers and buyer agents to do own due diligence on all measurements and information. This property is being sold as commercial as/is. Thanks for looking and God Bless
Location
State MO
County Taney
Area 4335
Exterior
Waterfront Description View
View Y/N Yes
View Lake