245 Wildwood DrBranson, MO 65616

  • Motels
  • 102,150 SF
For Sale
$8,000,000 View listing

Property Details for 245 Wildwood Dr

Year built
1995
Lot size
3.87 AC
Property size (Sq ft)
102,150 SF
Property type
Motels
APN
18-1.0-01-002-002-005.004
APU
181001002002005004

Description

This exceptional 200-key hotel, the Grand Plaza Hotel, presents a compelling value-add investment opportunity in Branson, Missouri. Located at 245 N Wildwood Dr, Branson, MO 65616, this full-service hotel boasts stunning Ozark Mountain views from all rooms. The property is currently listed at $8,000,000 and is being offered as a distressed sale. Significant renovations have already been completed, including a new roof and new furniture in 100 of the guest rooms. The hotel's on-site restaurant presents a significant opportunity for increased revenue generation upon reopening. While most remodeling is complete, the buyer will be responsible for obtaining the Certificate of Occupancy. This property requires strong management and some additional upgrades to reach its full potential, making it an ideal investment for a buyer with a vision for enhancing its operational efficiency and profitability. The hotel's prime location in Branson's scenic valley ensures high guest demand. This is a rare chance to acquire a substantial hotel property in a thriving tourist destination at a significantly discounted price.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,602,234
    6.5%
    $13,478,985
    7%
    $12,516,200
  • Comparable approach

    Method
    Valuation
    Relative Method
    $17,170,956
    Geo Method
    $17,170,956
  • Alternative Use

    Use
    Valuation
    Residential
    $14,715,135
    Hospitality
    $13,478,985
    Educational
    $11,214,357
    Medical
    $11,600,036
    Retail
    $17,444,556

Location Insight

City
Branson
County
Taney
State
Missouri
Latitude
36.642
Longitude
-93.2693
CBSA code
14700
CBSA name
BRANSON, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$124,905
-
-
$2,433,010
-
$505,731
$7,097,417
$7,603,148

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