0 Fountain LnKimberling City, MO 65686

Property Details for 0 Fountain Ln

Year built

1981

Lot size

6.00 AC

Property size (Sq ft)

41,373 SF

Property type

Retirement homes

Property subtype

Mixed-use properties

Description

This expansive 41,373-square-foot mixed-use property in Kimberling City, Missouri, presents a unique investment opportunity. Built in 1981 with a 2007 addition and renovations to the front dining/reception area, this former healthcare facility boasts 60 rooms, plus extensive common areas including laundry, kitchen, and dining/reception spaces. Previously leased for approximately $32,000 per month, the facility closed in December 2020 following lease expiration and the onset of the COVID-19 pandemic. Situated on a 6-acre lot (Lot 18 of Table Rock Village), the property enjoys convenient access via a county-maintained road. The northeast wing features private bathrooms in each room, while the remainder of the facility offers shared bath/shower areas. The property includes an 80 kW propane-powered generator with an automatic transfer switch. A water/sewer sharing agreement with adjacent properties is in place, covering 50% of operational expenses and maintenance. The Missouri DNR outflow permit for the hot water boiler is temporarily modified due to the boiler's functional obsolescence

Location Insight

City

Kimberling City

County

Stone

State

Missouri

Latitude

36.6419

Longitude

-93.4479

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