Seven-Unit Apartment
For Sale
$550,000
8669 Historic Highway 165, Hollister, MO 65672
A residential rental property combines a house with six additional units on acreage outside city limits.
Property Size3,751 SF
Price / SF$146.63
Days on Market61
Property Features for 8669 Historic Highway 165
General Information
Standard status
Active
Size
3,751 SF
Property subtype
Residential Income
Zoning
A1
Additional Details
Multifamily Units
7
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$1,825
Building Details
Building Size
3,751 SF
Year Built
1966
Units
7
Listing Agency:
EXP Realty, LLC.
(816) 982-5990
Listed By:
Gary Nelson
(417) 464-6915
Source:
Cappyharrisrealtors
Added: Aug 29
Changed: Oct 25
Last Checked: Oct 26 at 3:37AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property includes one rental house and six additional rental units, with a combined reported property size of 3,751 square feet. Built in 1966, the property is zoned A1 and is offered in as-is condition.
The site is just outside city limits, minutes from Branson and Table Rock Lake. The property is occupied by tenants; visits should be arranged without disturbing them.
The site is just outside city limits, minutes from Branson and Table Rock Lake. The property is occupied by tenants; visits should be arranged without disturbing them.
Key Highlights
- One rental house plus six additional rental units
- 3,751 square feet of reported property size
- Built in 1966
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,292
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$605,840
$605.8K
Cap Rate 7%
$432,743
$432.7K
Cap Rate 9%
$336,578
$336.6K
Market Conditions
NOI Build-Up for 3,751 SF
Gross rent
$59.9K $15.96/SF
− Vacancy
−$4.8K −$1.28/SF
EGI
$55.1K $14.68/SF
− OpEx
−$24.8K −$6.61/SF
NOI
$30.3K $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%
$605,840
Cap Rate 7%
$432,743
Cap Rate 9%
$336,578
Alternative Uses
Best Use
Apartment 5plus
$432.7K
$378.7K – $504.9K
NOI $30,292 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$733.1K
$641.4K – $855.2K
NOI $51,314 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 65672, MO
8,548
Population
4,696
Households
1.8
Avg Household Size
43
Median Age
26%
College-Educated
93%
High-School Grad
57.0 sq mi
ZIP Area
150
Density / Sq Mi
$60,407
Median Household Income
$29,235
Median Earnings
$878
Median Rent
$172,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - A residential rental property combines a house with six additional units on acreage outside city limits.
Where is this apartment building located?
The property is located at 8669 Historic Highway 165 Hollister, MO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: One rental house plus six additional rental units; 3,751 square feet of reported property size; Built in 1966
