Prime Branson location, 70-key motel, high upside potential.
Overview
Added:
Dec 11, 2024
Days on market:
126
This 70-key motel in Branson, Missouri presents a compelling value-add opportunity. Located at 1900 W 76 Country Blvd, this five-story, 22,000 square foot property sits on a 1.07-acre lot and boasts 77 parking spaces. Built in 1984, the property is currently vacant, offering a blank canvas for redevelopment. The "Entertainment" zoning allows for diverse uses beyond a motel, potentially including multifamily or workforce housing. A previous property condition report, including contractor estimates, suggests approximately $797,000 in rehabilitation costs for a full remodel encompassing roof replacement, electrical, plumbing, HVAC upgrades, and interior finishes. However, these figures are estimates and may vary depending on the chosen scope of work and contractor negotiations. The property features a solid concrete structure, including roof decking, and existing standpipes for potential sprinkler system installation. Its prime location on a main thoroughfare in Branson, a city attracting over 10 million visitors annually, offers exceptional visibility and proximity to major attractions such as Dolly Parton's Stampede and a resort with an indoor water park. The asking price is $625,000, translating to approximately $8,928.57 per key. A pro-forma analysis, based on conservative occupancy and pricing assumptions, projects a substantial potential NOI. While not guaranteed, this potential, coupled with the property's location and zoning flexibility, makes it an attractive investment for the right buyer. The seller may consider partial trade on free and clear real estate. Additional photos and videos are available upon request.
Highlights
Sub-$9,000 per key.
High-traffic location on main road, directly across from an indoor water park and less than a half-mile from Dolly Parton's Stampede.
Strong market demand: Branson attracted over 10.2 million visitors last year.
Hospitality property - Prime Branson location, 70-key motel, high upside potential.
Where is the hospitality property located?
The property is located at 1900 76 Country Blvd Branson, MO.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Sub-$9,000 per key.; High-traffic location on main road, directly across from an indoor water park and less than a half-mile from Dolly Parton's Stampede.; Strong market demand: Branson attracted over 10.2 million visitors last year.
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Contacts
Celine Truong
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76 Country Blvd Branson, MO 65616
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76 Country Blvd Branson, MO 65616
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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1900 76 Country Blvd
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