Metonic proudly announces that Lake Shore Apartments in Springfield, MO, has been named as the #1 Best Apartment Complex by Best of Southwest Missouri. This accolade recognizes outstanding businesses beloved by local Southwest Missouri communities. The Best of SWMO program, which received nominations for over 3,600 entities across 16 counties in Southwest Missouri, emphasizes the significance of this achievement.
Since its acquisition in 2018, Lake Shore Apartments has surpassed expectations, outperforming local competitors and our initial projections with remarkable rental income growth while maintaining an impressive 97% average occupancy rate. To date, Metonic has renovated 305 of the 396 units, resulting in an exceptional average ROI of 21%.
To learn more about Lake Shore and Metonic’s acquisition strategy, visit our website at Metonic.net or call Jenna Herrick at (402) 952-4599.