Updated Four-Unit
For Sale
$439,900
Pending
1301 Hillcrest Place, Branson, MO 65616
Residential Income, Branson, MO
Property Size3,457 SF
Lot Size0.74 Acres
Days on Market72
Property Features for 1301 Hillcrest Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Commercial
Bedrooms
8
Rooms
Bedroom 3, Bedroom 6, Bedroom 8, Bedroom 7, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4
Subdivision
West Branson Heights
Elementary school
Branson Cedar Ridge
Middle school
Branson
High school
Branson
Directions
From Springfield, take US-65 S toward Branson. Continue on US-65 S approximately 40 miles. Take the MO-76 W / Branson exit. Turn right onto MO-76 W (W Main St). Continue on MO-76 W, then turn left onto Roark Valley Rd. Turn right onto Hillcrest Pl. Property will be on your left -- 1301 Hillcrest Pl.
Standard status
Pending
APN
17-3.0-06-001-002-010.000
Size
3,457 SF
Lot size
0.74 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WEST BRANSON HEIGHTS WEST BRANSON HEIGHTS- LTS 11 & 12, BLK 8; CITY OF
Tax Annual Amount
1492
Legal Description
WEST BRANSON HEIGHTS WEST BRANSON HEIGHTS- LTS 11 & 12, BLK 8; CITY OF
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1992
Number of units
4
Listing Agency:
Murney Associates - Primrose
(417) 823-2300
Listed By:
Langston Group · License #2017005672
(417) 280-6661
Added: Jun 18
Changed: Aug 19
Last Checked: Aug 28 at 6:06AM
MLS# 60326632
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,457-square-foot quadplex contains four two-bedroom, one-bath units, each with a private exterior entrance and deck access. Interior improvements include LVP flooring, white shaker cabinetry, dark countertops, stainless steel appliances, tile bathroom floors, updated vanities, and matte black fixtures. Central heating and central air serve the property, which was built in 1992.
The 0.74-acre site is positioned in a wooded hillside setting in Branson, with a spacious concrete parking area and public sewer service. The property is fully leased on long-term leases and is located minutes from the 76 Strip, Lake Taneycomo, Table Rock Lake, and Silver Dollar City. Commercial zoning is in place.
The 0.74-acre site is positioned in a wooded hillside setting in Branson, with a spacious concrete parking area and public sewer service. The property is fully leased on long-term leases and is located minutes from the 76 Strip, Lake Taneycomo, Table Rock Lake, and Silver Dollar City. Commercial zoning is in place.
Key Highlights
- Four units, each with 2 bedrooms and 1 bathroom
- 3,457 square feet on 0.74 acres
- Fully leased on long‑term leases
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,393
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$627,860
$627.9K
Cap Rate 7%
$448,471
$448.5K
Cap Rate 9%
$348,811
$348.8K
Market Conditions
NOI Build-Up for 3,457 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$48.5K $14.04/SF
− Vacancy
−$3.7K −$1.07/SF
EGI
$44.8K $12.97/SF
− OpEx
−$13.5K −$3.89/SF
NOI
$31.4K $9.08/SF
Area
Taney County, MO
Vacancy
7.60%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$627,860
Cap Rate 7%
$448,471
Cap Rate 9%
$348,811
Alternative Uses
Best Use
Multifamily LT 5
$448.5K
$392.4K – $523.2K
NOI $31,393 @ 7.0% cap · market cap 7.14%
Second Best
Apartment 5plus
$398.8K
$349.0K – $465.3K
NOI $27,918 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$675.6K
$591.2K – $788.2K
NOI $47,292 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
Explore this area
Business Placement
Demographics for 65616, MO
27,562
Population
16,419
Households
1.7
Avg Household Size
43
Median Age
30%
College-Educated
90%
High-School Grad
76.5 sq mi
ZIP Area
360
Density / Sq Mi
$60,253
Median Household Income
$29,892
Median Earnings
$975
Median Rent
$243,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased quadplex with renovated interiors, private entries, deck access, and on-site concrete parking.
Where is this quadplex located?
The property is located at 1301 Hillcrest Place Branson, MO.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 bathroom; 3,457 square feet on 0.74 acres; Fully leased on long‑term leases
