Showing posts with label Foreclosures. Show all posts
Showing posts with label Foreclosures. Show all posts

Project #1 Extensive Rehab Loan to Revitalize The Small House (viable due to uniquely attractive fireplace with smoker and and rock Ozark style chimney

Address: 27682 Timberwood Trails Lincoln, MO 65338    Rehab Loan - $75,000  

(Property owner has never had a loan on this property.  The Rehab cost is viable because of the very unique aesthetic fireplace and smoker between the living room and kitchen.  This address is  contigous with the large 4,800 2-story home that is part of this project.  The owner paid cash for that home also, in 2011)

It is unknown when the structure was built.  Best guess is 1940s.  It is 400 sq ft. with running water, kitchen; living room with a very large stone fireplace and exterior stone chimney.

(Mile Marker 78 of the Lake of the Ozarks and a 20 minute drive to the even larger although less population Truman Reservoir)






Lake of the Ozarks Aerial View


The Lake of the Ozarks  

Permanent Resident Population 92,000 
Any Summer Weekend Population 250,000

100 Miles Long with two sides, 200 miles long 70,000 homes  

1,200 miles of shoreline.  That is more shoreline than the Coast of California or Lake Michigan

innumerous tents and RVs of every size

Where Do People In This Area Work?


The four largest metro areas of Missouri and Jefferson City, MO the state capital are all a comfortable

drive from Eagle Bay:


St. Louis metro area - 2.8 million (200 miles)

Kansas City metro - 2.0 million (100 miles)

Springfield metro - 353,000 (90 miles)

Columbia (University of Missouri) - 256,640 (90 miles), which borders, the: Jefferson City metro

(state capital) - 147,800 (70 miles).


Locally, the city with the largest population is Sedalia, MO with a population of approx. 30,000.

a large percentage of employment is blue collar with commercial trucking and commercial warehousing

being significant.