Plato’s Cave
Branson, Missouri
Address: 3524 Keeter Street
Units: 342 / Number of Buildings: 6
As Repvblik’s first project, Plato’s Cave Branson is believed to be the largest affordable housing adaptive reuse project in the US without the aid of any federal program.
“It’s the community recycling at its best, as they say. So for us taking a property that was already built for similar use and making conversions out of that makes perfect sense.”
Amenities
Swimming Pool
Fitness Center
BBQ Area
On-site Management
Package Receiving
On-site Maintenance
Bike Racks
Parking
High Speed Internet
Quick facts
342 Studio & 1-Bedroom Units
$2,100,000 Acquisition Cost
$11,400,000 Redevelopment Costs
Summary
Total Redevelopment Costs Per Unit
$39,500
Stabilized NOI
$1,150,000
Yield on Cost
8.50%
Studio and 1-Bedroom Floorplans
Typical 1-Bedroom :
570 SF
Equipped Full Bath
Ensuite Half Bath*
Dining or Storage Area
2-Burner Stove
Microwave
Refrigerator
Separate Kitchen Sink & Faucet
Laminate Wood Flooring
Typical Studio:
285 SF
Equipped Full Bath
2-Burner Stove
Microwave
Refrigerator
Separate Kitchen Sink & Faucet
Laminate Wood Flooring*
Take a look inside
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Exterior
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Studio
Description goes here -
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Studio
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Kitchen
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Clubhouse
