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Apartment Building with Rental House
For Sale
$550,000

8669 Historic Highway 165, Hollister, MO 65672

Residential Income, Hollister, MO

Property Size3,751 SF
Lot Size1.00 Acre
Price / SF$146.63
Days on Market48
Rey
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Property Features for 8669 Historic Highway 165

General Information

Property type Residential Multi Family
Property subtype Other
Zoning A1
Elementary school Hollister
Middle school Hollister
High school Hollister
Directions From Branson travel south on Hwy 65 to Hollister exit. Turn Right off exit and continue to intersection in front of College of the Ozarks. Turn Left at intersection and continue to Right on Hwy 165. Continue on Hwy 165 to property address. Property on right.
Standard status Active
APN 18-6.0-24-001-001-020.000
Size 3,751 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1826

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Wall Unit(s), Window Unit(s), Ceiling Fan(s)
Water source Private

Building Details

Year built 1966
Number of units 7
Listing Agency: EXP Realty, LLC.
Listed By: Gary Nelson
Added: Aug 29 Changed: Sep 12 Last Checked: Oct 15 at 1:06PM
MLS# 60332668

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 apartment property includes a separate rental house and six additional rental units within a 3,751-square-foot property on 1 acre. Built in 1966, the asset is offered as-is and includes wall-furnace heating, along with window, wall-unit, and ceiling-fan cooling features.

The property is located at 8669 Historic Highway 165 in Hollister, outside the city limits and minutes from Branson and Table Rock Lake. Electricity is available, with private water service and public sewer. The A1 zoning designation and existing rental configuration provide the principal framework for evaluating the property.

Key Highlights

  • Separate rental house plus six additional rental units
  • 3,751 square feet on 1 acre
  • 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 (±1% cap)
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 (±1% cap)
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

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Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop Real Estate Agency Law Firm Storage Facility (Bike/Boat/Book/etc) Store

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

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Income-producing property combining an apartment building and separate rental house near Branson and Table Rock Lake.
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: Separate rental house plus six additional rental units; 3,751 square feet on 1 acre; Built in 1966
More about this property
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