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ACTIVEcondovia mls

169 Highland Drive, Unit 5, Building 59

Branson, MO, 65616

2 bd2 ba1,151 sqftBuilt 1994

Listing courtesy of White Magnolia Real Estate LLC · (417) 544-0411 · MLS# SOM60333013

List price

$238,000

$207/sqft

Listing description
No Stairs! Turnkey Branson Getaway in Pointe Royale Golf VillageDiscover effortless resort living in this beautifully furnished 2-bedroom, 2-bath ground-floor condo with NO STAIRS in Branson's sought-after gated Pointe Royale Golf Village. From the moment you arrive, you'll appreciate the convenience of true walk-in access combined with a comfortable, thoughtfully furnished interior. Both bedrooms feature king-size beds, making this an ideal setup for vacationers, family, or guests. The spacious primary suite includes a private bath with a walk-in shower and double vanity, while the second king bedroom is conveniently located next to an additional full bath. Quality mattresses, attractive furnishings, flat-screen TVs, USB charging stations, wide interior doorways throughout most of the unit, secure keypad entry, and a Ring doorbell add comfort and convenience throughout. Pointe Royale offers the complete Branson resort experience with a championship golf course, clubhouse and restaurant, indoor and outdoor pools, hot tub, fitness center, tennis and pickleball courts, walking trails, playground, and Lake Taneycomo access.Located just minutes from Branson's shows, dining, shopping, Table Rock Lake, and area attractions, this condo gives you a peaceful place to retreat without sacrificing convenience.Whether you're searching for a turnkey vacation getaway, investment opportunity, or easy-living full-time residence, this furnished ground-floor condo delivers something especially desirable in Branson -- resort-style living with absolutely NO STAIRS!INVESTMENT OPPORTUNITY! Two similar condos located just steps from one another offer a unique opportunity to own and market them individually or together as a short-term rental package. Combined, the properties provide 4 bedrooms, 4 baths and accommodations for up to 12 guests--ideal for larger families, groups and multi-family Branson getaways. Previous owners were successful with this.
Financial analysis

Adjust the assumptions to see live results. Defaults are Branson-area estimates and will be refined with local data.

Monthly cash flow

-$215

Cap rate

5.3%

Cash-on-cash

-5.4%

DSCR

0.83

Est. annual revenue$33,288
Stays / year58
Property tax($1,573)
Insurance($1,190)
Utilities($3,000)
Electricity($120)
Water($25)
Sewer($20)
Trash($25)
Internet / cable($60)
HOA($0)
Management($6,658)
Maintenance reserve($1,664)
Cleaning($5,256)
Lodging / tourism tax($1,332)
Total operating expenses($20,672)
Net operating income$12,616
Down payment$47,600
Loan amount$190,400
Monthly payment (P&I)$1,266.74
Annual debt service($15,201)
Annual cash flow-$2,585
Break-even occupancy54.8%

The listing says the association dues cover some utilities but doesn't report the dues amount, so we've kept those utilities owner-paid rather than credit them against unknown dues. Once you confirm the dues, the covered utilities net out.

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