Multifamily
Holiday Terrace Apartments
360 Schaefer Dr, Branson, MO 65616
Listing Price: Request For Offer
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.
Holiday Terrace Apartments
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
Listing Price: Request For Offer
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
