162 Meadow Ln, Jane, MO 64856

Nestled against a gently rolling hillside in the town of Jane, Missouri, Meadow Lane Apartments is a charming multi-family apartment community. Perfectly located just across the state line and about a 20 minute drive time from the economic and cultural opportunities of Northwest Arkansas, as well as being situated within 2 miles of such conveniences as Walmart Supercenter, McDonald's, Taco Bell, Orscheln's, and Hometown Bank, as well as the brand-new Crowder College campus and Dollar Tree. The six rental units--all currently occupied--each contain two bedrooms and one bathroom. Two units share a common entry way, as well as a utility room with washer and dryer included. These units rent for $495 per month--plus a fixed rate of $175 per month for water and electricity. The property is situated on 4 1/2 acres of lush, green, gently sloped hillside, bordered by trees on three sides; the front of the property faces Meadow Lane, which runs alongside Highway 71. There is plenty of room for further construction of units if desired. Despite being barely more than a stone's throw from the highway, the property enjoys a very peaceful and serene environment, with limited traffic noise. In addition to the six housing units, the property also contains ten storage units that could generate further rental income. Current owner would lease some of the units for a minimum of three years if buyer is interested in such an arrangement. Some storage buildings are in use by tenants. Housing Unit Details: Built between 2006 and 2007 Each one measures approximately 1000 sq. ft. Two bedrooms and one bathroom each Open Living and Kitchen area Four of the units have their own large deck; two units have their own brick patio Contracts on all units are on a month-to-month basis All units have been continually rented. Units are on sewer and rural water Each unit has a separate heat pump McDonald County Schools Property Details: Adjacent property is owned by Crowder College and was previously considered as the location of the college campus that was later built across the highway and slightly to the south. The next property over is owned by McDonald County and is being considered as a location for a possible new high school. Lovingly landscaped and decorated with handmade details; all buildings built with ecologically sound materials and many reclaimed items, such as cabinetry from the storied Rose Mansion in Rogers, AR. Outdoor decor, such as birdhouses, are original works from local business, Birdwerks. For more information, contact Dan S. at 479-270-4503. If driving by to take a look, PLEASE do not disturb the tenants!