Lakefront Vacation Rental
For Sale
$5,900,000
193 Rockwood Ln Unit 15, Branson, MO 65616
The package includes dedicated boat-trailer parking and units in two- and three-bedroom configurations.
Property Size23,313 SF
Price / SF$253.08
Days on Market43
Property Features for 193 Rockwood Ln Unit 15
General Information
Standard status
Active
Size
23,313 SF
Property subtype
Commercial
Building Details
Year Built
1996
Listing Agency:
EXP Realty, LLC.
Listed By:
Gary Nelson · License #2020033644
(417) 464-6915
Source:
Trilakeshomesearch
Added: Sep 23
Changed: Nov 3
Last Checked: Nov 4 at 2:07PM
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 EXP Realty, LLC.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This short-term rental offering comprises 15 condominium units distributed among four buildings. The mix includes twelve three-bedroom condos and three two-bedroom condos, with the property built in 1996. The units are presented as an established vacation-rental operation.
The resort property sits on Table Rock Lake at Indian Point, just past Silver Dollar City. Dedicated parking is available for boat trailers. Association dues cover water, sewer, and trash.
The resort property sits on Table Rock Lake at Indian Point, just past Silver Dollar City. Dedicated parking is available for boat trailers. Association dues cover water, sewer, and trash.
Key Highlights
- 15 condo units across four buildings
- Unit mix: twelve 3‑bedroom condos and three 2‑bedroom condos
- On Table Rock Lake at Indian Point, just past Silver Dollar City
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$188,270
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,765,400
$3.8M
Cap Rate 7%
$2,689,571
$2.7M
Cap Rate 9%
$2,091,889
$2.1M
Market Conditions
NOI Build-Up for 23,313 SF
Gross rent
$372.1K $15.96/SF
− Vacancy
−$29.8K −$1.28/SF
EGI
$342.3K $14.68/SF
− OpEx
−$154.0K −$6.61/SF
NOI
$188.3K $8.08/SF
Area
Taney County, MO
Vacancy
8.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,765,400
Cap Rate 7%
$2,689,571
Cap Rate 9%
$2,091,889
Alternative Uses
Best Use
Apartment 5plus
$2.69M
$2.35M – $3.14M
NOI $188,270 @ 7.0% cap · market cap 3.19%
Second Best
Hotel Hospitality
$2.14M
$1.87M – $2.49M
NOI $149,495 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$4.56M
$3.99M – $5.32M
NOI $318,922 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
26
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
Frequently Asked Questions
What type of property is this?
Short term rental property - The package includes dedicated boat-trailer parking and units in two- and three-bedroom configurations.
Where is this short term rental property located?
The property is located at 193 Rockwood Ln Unit 15 Branson, MO.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: 15 condo units across four buildings; Unit mix: twelve 3‑bedroom condos and three 2‑bedroom condos; On Table Rock Lake at Indian Point, just past Silver Dollar City
