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245 Schaefer Dr
Branson, MO 65616
Candlelight Inn · Multifamily Property For Sale · 49 Units

PROPERTY FACTS

No. Units 49
Property Type Multifamily
Property Subtype
Apartment
  • Hospitality Hotel
Apartment Style Low-Rise
Building Class C
Lot Size 2.21 AC
Building Size 25,119 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1990/2018
Parking Ratio 2.19/1,000 SF
Zoning C

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Refrigerator

SITE AMENITIES

  • Fitness Center
  • Laundry Facilities
  • Security System
  • Wi-Fi

ABOUT 245 SCHAEFER DR , BRANSON, MO 65616

This 49 unit property has great cash flow and is step in ready for new owner operation, located in a town that draws a reported 9 million tourists a year. The building is comprised of 25,000+ sq ft of accommodation space situated on roughly 2.1 Acres. Available units consist of 3 apartments with full kitchens and 46 additional standard rooms, situated a short distance from three of the busiest streets in Branson; Green Mountain Drive, Highway 76 & Shepherd of the Hills Expressway. This property was originally built in 1990 and over the past 6 months has underwent a full renovation including an upgraded security system with a HD CCTV system that is remotely accessible, full refrigerators in every room, 40" LCD tv's and upgraded furniture. New coin op laundry was also added to the property with two coin op washers and two coin op dryers. The exterior amenities include a fully restored and updated pool area, two added gazebo areas and space for outdoor games. Yearly Taxes are: $8,425.97 Yearly Insurance: $13,560 Serious inquiries only for buyers with proof of funds available - please contact for more information This property exists in a designated "Opportunity Zone" as classified by the Department of Treasury. Possible Tax Deferments and additional gains could be realized on the purchase of the this property.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 47 $600.00 264 - 300
1+1 2 $740.00 550 - 600

PROPERTY TAXES

  • Listing ID: 14135842

  • Date on Market: 10/19/2018

  • Last Updated:

  • Address: 245 Schaefer Dr, Branson, MO 65616