Apartment Property with Rental
For Sale
$550,000
8669 Historic State Highway 165, Hollister, MO
Income-producing property combines a standalone rental home with six additional rental units near regional recreation and tourism destinations.
Property Size3,751 SF
Price / SF$146.63
Days on Market50
Property Features for 8669 Historic State Highway 165
General Information
Standard status
Active
Size
3,751 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$1,825
Listing Agency:
EXP Realty, LLC.
(816) 982-5990
Listed By:
Gary Nelson
(417) 464-6915
Source:
Exprealty
Added: Aug 29
Changed: Oct 4
Last Checked: Oct 16 at 10:22AM
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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Investment Insights
Based on property information with market context.
This apartment property includes a separate rental house along with six rental units, creating a mixed residential configuration totaling 3,751 square feet. The property is offered in its existing condition, with tenant occupancy in place during the sale process.
Situated on over an acre at 8669 Historic State Highway 165 in Hollister, Missouri, the property is outside the city limits and minutes from Branson and Table Rock Lake. Its location connects the residential asset to two established regional destinations while retaining a larger-site setting.
Situated on over an acre at 8669 Historic State Highway 165 in Hollister, Missouri, the property is outside the city limits and minutes from Branson and Table Rock Lake. Its location connects the residential asset to two established regional destinations while retaining a larger-site setting.
Key Highlights
- Separate rental house plus six rental units
- 3,751 square feet of property size
- Situated on over an acre
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.
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Current Use
Location Intelligence
Trade Area within ½ mile
295
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing property combines a standalone rental home with six additional rental units near regional recreation and tourism destinations.
Where is this apartment building located?
The property is located at 8669 Historic State 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 rental units; 3,751 square feet of property size; Situated on over an acre
