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Multifamily

Holiday Terrace Apartments

360 Schaefer Dr, Branson, MO 65616

Listing Price: Request For Offer

Number of Units
83
Occupancy
98.0%
Gross SF
29,100

Investment Overview

Holiday Terrace (“The Property”) is an 83-unit garden-style multifamily community that provides workforce housing located in Branson, MO. The Property was constructed in 1994 and was completely renovated in 2015 when it was converted from a motel to an apartment complex. The Property presents investors with an opportunity to enhance returns by continuing to increase rents to market through minimal renovations, loss-to-lease burn off, and enhanced management.

Investment Highlights

  • Value-Add Opportunity – Burn off current loss-to-lease and implement a RUBS program for all utilities.
  • Over two million dollars invested into The Property when converted to apartments in 2015.
  • Located in a supply constraint market for workforce housing.
  • Offered Free & Clear, but attractive assumable debt available.

Exclusively Listed By

Broker of Record

  • David Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Multifamily

Holiday Terrace Apartments

Listing Price: Request For Offer

Number of Units
83
Occupancy
98.0%
Gross SF
29,100

Investment Highlights

  • Value-Add Opportunity – Burn off current loss-to-lease and implement a RUBS program for all utilities.
  • Over two million dollars invested into The Property when converted to apartments in 2015.
  • Located in a supply constraint market for workforce housing.
  • Offered Free & Clear, but attractive assumable debt available.

Investment Overview

Holiday Terrace (“The Property”) is an 83-unit garden-style multifamily community that provides workforce housing located in Branson, MO. The Property was constructed in 1994 and was completely renovated in 2015 when it was converted from a motel to an apartment complex. The Property presents investors with an opportunity to enhance returns by continuing to increase rents to market through minimal renovations, loss-to-lease burn off, and enhanced management.

Exclusively Listed By

Broker of Record

  • David Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

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