Building Details

Building Size 3,272 SF

Year Built 1993

Listed By: Christopher Walton · License #2017014002 Show Phone

Source: Kw

Added: Feb 5 Changed: Oct 16 Last Checked: Oct 16 at 7:59AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Christopher Walton

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Investment Insights

Based on property information with market context.

This four-unit residential income property at 101–104 Sweet Gum in Kirbyville, Missouri, was built in 1993 and is currently fully occupied. Two units have been recently updated, while the other two are occupied by long-term tenants. The property includes central air, central heating, ranges, refrigerators, decks, and high-speed internet. A composition exterior is also listed among the improvements.

The fourplex offers a combination of current occupancy, updated units, and established tenancy within a single multifamily asset. Its layout is suited to residential rental use, with existing appliances and core mechanical features in place.

Key Highlights

• Four‑unit property currently fully occupied
• Two units recently updated
• Two units occupied by long‑term tenants

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$29,713

Cap Rate

7.07%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$594,260 $594.3K

Cap Rate 7%

$424,471 $424.5K

Cap Rate 9%

$330,144 $330.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,272 SF

Gross rent

$45.9K $14.04/SF

− Vacancy

−$3.5K −$1.07/SF

EGI

$42.4K $12.97/SF

− OpEx

−$12.7K −$3.89/SF

NOI

$29.7K $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 Rate 5%

$594,260

Cap Rate 7%

$424,471

Cap Rate 9%

$330,144

Alternative Uses

Best Use

Multifamily LT 5

$424.5K

$371.4K – $495.2K (±1% cap)

NOI $29,713 @ 7.0% cap · market cap 7.07%

Second Best

Apartment 5plus

$377.5K

$330.3K – $440.4K (±1% cap)

NOI $26,424 @ 7.0% cap · market cap 6.29%

Theoretical Best

Office A

$639.4K

$559.5K – $746.0K (±1% cap)

NOI $44,761 @ 7.0% cap · market cap 10.66%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Repair Shop Restaurant Law Firm Bed & Breakfast Hotel & Motel Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

20

Businesses Nearby

Explore this area Business Placement

Demographics for 65679, MO

2,569

Population

1,517

Households

1.7

Avg Household Size

41

Median Age

18%

College-Educated

90%

High-School Grad

51.3 sq mi

ZIP Area

50

Density / Sq Mi

$49,147

Median Household Income

$33,668

Median Earnings

$849

Median Rent

$191,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Frequently Asked Questions

What type of property is this?

Quadplex - Four residential units include two recent updates, central air, and kitchen appliances.

Where is this quadplex located?

The property is located at 101 -104 Sweet Gum Kirbyville, MO.

What is the asking price?

The asking price for this property is $420,000.

What are key features of this property?

This property features: Four‑unit property currently fully occupied; Two units recently updated; Two units occupied by long‑term tenants