$595,000
Branson, MO 65616
MLS# 60267667
12 beds | 8 baths | 4400 sqft
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Property Description
Introducing the perfect investment opportunity for savvy investors: a pristine fourplex Condoplex located in the heart of Sycamore Ridge Estates, just off Highway 248 in vibrant Branson. Nestled on Kayla Lane and expertly managed by Jennifer Holmes, this property offers a seamless investment experience from day one. Imagine owning a fourplex where all units are conveniently housed under one roof, simplifying tenant management and maximizing peace of mind. Whether you prefer hands-on management or entrusting the capable hands of Jennifer, rest assured knowing inspections have been completed, with necessary fixes already addressed. Each unit boasts three bedrooms, two baths, and a generous 1100 square feet of living space, providing comfortable accommodations for tenants. Two units reside on the main level, while two more occupy the lower level, each featuring picturesque decks overlooking the breathtaking Ozarks. Embrace hassle-free ownership with COA fees of $585 per quarter per unit, covering essential amenities such as internet, building insurance, and trash disposal. Tenants currently cover the water bill, further streamlining operational costs. With rental rates averaging around $1,100 per unit, enjoy a steady stream of income with attractive returns on your investment. While vacation rentals are not yet permitted, the opportunity awaits pending an owner vote in 2025—a potential game-changer for future appreciation. Comparable to The Vineyards, these units offer the same floor plan at a fraction of the cost, presenting unparalleled value for discerning investors. Take advantage of this prime opportunity to secure a lucrative asset in a rapidly growing market. Immerse yourself in the virtual tour provided, showcasing the immaculate interiors of each unit. Please note that viewings require advance notice to accommodate the schedules of the four current tenants, demonstrating our commitment to respecting their privacy and comfort.
Details
Contract Information
Property Sub-Type: Condominium
Vacation Rental: No
Begin Date: 2024-05-06
List Price: $595,000
List Price/Fin SqFt: 135.23
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell
Location, Tax and Other Information
Street #: 267
Street Name/Route: Kayla
Suffix: Lane
Building #: 27
Unit #: 1-4
County: Taney
State/Province: MO
Zip Code: 65616
Inside City Limits: No
Tax ID: 08-4.0-18-000-000-004.271
Subdivision: Sycamore Ridge Estates
Real Estate Tax: 2599.36
Tax Year: 2023
RE Tax Provided By: Assessor Records
Legal Description: SYCAMORE RIDGE CONDOMINIUM UN 1 BLD 27 PH 27, SYCAMORE RIDGE CONDOMINIUM UN 2 BLD 27 PH 27, SYCAMORE RIDGE CONDOMINIUM UN 3 BLD 27 PH 27, SYCAMORE RIDGE CONDOMINIUM UN 4 BLD 27 PH 27
Keywords
Stories: 2
Elementary School: Branson Buchanan
Middle School: Branson
High School: Branson
General Property Description
Total Bedrooms: 12
Baths - Full: 8
Baths - Total: 8
Above Grade Fin SqFt: 4400
Total Finished SqFt (All Levels): 4400
Total SqFt: 4400
SqFt Provided By: Assessor
Entry: Walk In
Aprx Year Built: 2007
Basement: No
Waterfront/View: None
Lake/River/Creek: None
Propane Tank: No
Remarks & Misc
Directions: Hwy 248 North past Branson Hills Pkwy on the left
Status Change Info
Status: Active
Listing Info
Commission Buyer Agy: 3
Commission Buyer Agy Type: %
Commission Sub Agy Type: %
Commission Trans Brkr: 3
Commission Trans Brkr Type: %
Fireplace Features
Fireplace: No
Shop Building Features
Shop Building: No
Home Association Info
Home Owners/Condo Owners Association: COA
COA Dues: 2340
COA Dues Period: Quarterly
Other Details: INCLUDES INTERNET ALSO
Property Features
How to Show: Showing Service
View: Panoramic
Utility Room: Main Floor
Dining: Kitchen/Dining Combo; Living/Dining Combo
Appliances: Dishwasher; Free Standing Stove: Electric; Microwave; Refrigerator; Electric Water Heater
Interior Features: High Speed Internet; W/D Hookup
Flooring: Carpet; Laminate; Tile; Vinyl
Cooling: Central
Cooling Source: Electric
Heating: Central
Heating Source: Electric
Architecture: 2 Story; Condo
Patio and Porch Features: Covered; Deck; Front Porch
Window Features: Double Pane Windows
Construction Materials: Permastone; Wood Siding
Foundation: Slab
Roofing Material: Composition
Water: City Water
Sewer: Public Sewer
Road Surface: Street - Chip/Seal
Association Includes: Building Insurance; Building Maintenance; Children's Play Area; Common Area Maintenance; Lawn; Trash Service
Will Sell: Cash; Conventional; VA
Flood Insurance: Not Required
Possession: At Closing
Warranty Type: None
Listing Office: Mayhew Realty Group LLC
Last Updated: May - 15 - 2024
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