Cushman & Wakefield is pleased to present the exclusive listing of Holiday Terrace, an 83-unit apartment community located at 360 Schaefer Drive in the heart of Branson, Missouri—one of the Midwest’s most visited tourist destinations. Originally developed as the Boxcar Willie Inn and later converted to multifamily in 2015, the property offers a unique opportunity to acquire a stabilized, cash-flowing asset in a supply-constrained market.
Positioned just one-quarter mile from Branson’s iconic entertainment corridor, Holiday Terrace benefits from strong in-place occupancy (95%+) and offers immediate yield with minimal near-term capital needs. The asset’s average market rent of $747/month ($2.09/SF) remains highly attainable, serving the area’s robust workforce tied to the tourism, retail, and healthcare sectors.
Offered at a compelling basis well below replacement cost, this investment presents durable income, favorable long-term fundamentals, and upside via organic rent growth. Holiday Terrace is ideally suited for investors seeking resilient cash flow and strong real estate fundamentals in one of Missouri’s most dynamic submarkets.
Highlights:
• 83 Units | 29,700 SF | 2.14 Acres
• 1994 Construction | 2015 Conversion to Multifamily
• 95% Occupied | Avg Unit Size: 358 SF
• Full Kitchen, In-Unit W/D (1BRs), Clubhouse, Fitness Center, Indoor Pool
• Walkable to Branson Strip | Proximity to Major Employers
• Priced Below Replacement Cost