2896 State Highway 176

2896 State Highway 176, Rockaway Beach, MO 65740

$499,000

Description

Make Laketown Cottages your next income producing investment! **Sellers have been increasing monthly rents per unit and doing some updates. Apprx $70k for 2025 rentals and projecting $80k+ annually after some 2026 changes and updates (Now average over $7k/mo with all units rented)** This income producing complex is right across from the lake with 7 cottages has a mix of short and longer term rentals. They are originally from the 1930-1940s. (4-1bd/1bt, 1-2bd/1bt, 1-3bd/1bt & 1-3bd/2bt) Unit 13 above the pool is a 3bdrm that was renovated and now on Nightly Rental. Unit 1, a 1bdrm, was renovated for STR but now monthly (pictures are from when it was furnished before changed to monthly). Unit 4 had some updates between renters recently and Unit 14 3Bdrm, some updates and new HVAC. Rockaway Beach continues to update its historic properties and is growing as a vacation and residential destination. The resort property to the left has been renovating their cabins. Also the property to the right has gone through major renovations. 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. ((See main Commercial parent listing MLS # 60323783 for more pictures and information.)) Buyers need to be pre-qualified for showings. So many options with this opportunity property. Thanks for looking and God Bless

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