188 Estate Lane, Branson West, MO 65737 (MLS# 60201416)

188 Estate Lane, Branson West, MO 65737

$3,000,000

Property Type: MultiFamily Lot Size (sq. ft.): 152,460 Status: Closed

Current Price: $3,000,000 List Date: 9/20/2021 Last Modified: 5/03/2022

Overview

Description

This is a RARE opportunity to own one of the only apartment complexes in Branson West! This great investment comes complete with four 8-plexes comprised of sixteen 2 bed/1.5 bath apartments and sixteen 3 bed/2 bath apartments. There is also a playground and an office! The complex is clean and inviting with VERY little vacancy. The owners have done a ton of updating to the grounds and nearly all the units. Updates include painting, new flooring, new appliances, and some new fixtures. There is an additional 26 acres for sale bordering the property that is zone multi-family to add to your investment!

Listing Details MLS# 60201416

Contract Information

Property Sub-Type: Apartment Building
Begin Date: 2021-09-20
Transaction Type: Sale
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell

Location Tax and Other Information

Street #: 188
Street Name/Route: Estate
Suffix: Lane
County: Stone
State/Province: MO
Zip Code: 65737
Subdivision: Stone-Not in List
Parcel ID: 111012000000004054
Real Estate Tax: 5000.66
Tax Year: 2020
Legal Description: BEGINNING AT THE NW CORNER OF SECTION 12 AND SAID PARCEL 6 OF TRACT 2; THENCE SE 534.75 FT; THENCE SE 568.96 FT TO THE TRUE POINT OF BEGINNING. THENCE NE 356 FT; THENCE SE 686 FT; THENCE SW 225.68 FT; THENCE NW 395 FT; THENCE SW 164.52 FT; THENCE NW
Zoning: Residential

General Property Description

SqFt Finsh'd & Unfnsh'd: 5000 or more
Aprx Year Built: 2000
Total Monthly Rent: 23500
Number of Units: 32
# Two Bedroom Units: 16
# Three Bedroom Units: 16
Aprx Lot Size (Acres): 3.5
Lot Dimensions: Acres
Elementary School: Reeds Spring
Middle School: Reeds Spring
High School: Reeds Spring
Waterfront/View: None
Lake/River: None

Remarks Misc

Directions: Take US-160 E to MO-13 S/State Hwy 248 W. Follow MO-13 S towards Branson West. Turn onto MO-413 N/State Hwy 265 N. Turn left onto Estate Ln.

Status Change Info

Under Contract Date: 2022-02-24
Sold Date: 2022-05-02
Price Disclosed: Yes

Two Bed Units

Two Bed SqFt: 751 - 1,000 SqFt

More Information

Three Bedroom Units

Three Bed SqFt: 1,001 - 1,500 SqFt

Closing Info

Appraiser Name: Unknown
Lender Name: Hawthorn Bank

Location, Tax and Other Information

Inside City Limits: Yes
RE Tax Provided By: Assessor Records

How to Show

Call Listing Agent: Yes

Unit Features

Patio/Balcony: Yes

Amenities

Playground: Yes

Construction

Brick: Yes
Vinyl Siding: Yes

Utilities

Electricity: Yes
High Speed Internet Access: Yes
Separate Meters: Yes
Sewer: Yes
Tenant Pays Part: Yes
Trash: Yes
Water: Yes

Cooling

Central: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Oven/Range: Yes
Refrigerator: Yes

Baths

1 1/2 Per Unit: Yes
2 Per Unit: Yes

Heating

Central: Yes
Forced Air: Yes

Miscellaneous

Fire Walls: Yes
Smoke Detector: Yes

Parking

Paved Area: Yes

Roofing Material

Composition: Yes

Possession

At Closing: Yes

Will Sell

Cash: Yes
Conventional: Yes

Buildings

Four or More Buildings: Yes

Streets

Asphalt: Yes

Water

City Water: Yes

Sewer

City Sewer: Yes

Flood Insurance

Not Required: Yes

Type of Tenancy

Lease: Yes

Property Features

How to Show: Call Listing Agent Unit Features: Patio/Balcony Amenities: Playground Baths: 1 1/2 Per Unit; 2 Per Unit Appliances: Dishwasher; Disposal; Microwave; Oven/Range; Refrigerator Cooling: Central Heating: Central; Forced Air Buildings: Four or More Buildings Construction: Brick; Vinyl Siding Roofing Material: Composition Parking: Paved Area Streets: Asphalt Miscellaneous: Fire Walls; Smoke Detector Water: City Water Sewer: City Sewer Utilities: Electricity; High Speed Internet Access; Separate Meters; Sewer; Tenant Pays Part; Trash; Water Flood Insurance: Not Required Type of Tenancy: Lease Possession: At Closing Will Sell: Cash; Conventional

Listing Office: Murney Associates - Primrose

Last Updated: May - 03 - 2022

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