1900 W 76 Country Blvd - Hospitality FOR SALE


Branson, MO 65616
$625,000 USD
650-298-2282
1900 W 76 Country Blvd, Branson, MO for Sale
$625,000 USD
Hospitality - FOR SALE
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1900 W 76 Country Blvd
Branson, MO 65616


OVERVIEW

We offer 3% to a buyer's agent at close. Looking for a value add opportunity? Vacant 70 key fixer upper motel on main street of a tourist town that gets millions of visitors per year for under $9k per key. That's one of the lowest costs per key in the country and definitely the cheapest for something with comparable location. Why so cheap? The property has been vacant for several years , needs complete rehab including roof membrane, electric,plumbing, Ptacs, and more, and has no income, no T12, and is not habitable. The upside- rehab as motel or possibly workforce (acute need in Branson) or (possibly) multifamily. If multifamily- you likely would have a a maximum density of around 24 units. Property is concrete including walls, floors, ceilings , and partition walls. There is a standpipe and fire hose stations on each floor. Lot is just over an acre with ample parking. Location- 1/2 mile from Dolly Parton's Stampede , across the street from Grand Country Water park, and a mile from the aquarium and boardwalk- plus other top attractions nearby. Owners are professional investors who purchase as is, cleaned out the rooms, and are selling as a fix up opportunity as that is their business niche. Additional photos , videos, property condition report available. Owners will not accept blind offers and do not accept contract assignments or novations. May trade for property of greater value and may owner carry- but only at or above asking price with 50 percent down, 10 percent interest, 1 year term. Property has a gate and security system/cameras- please contact prior to visiting

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$28 USD /SF

# OF ROOMS

71

PRICE/ROOM

$8,803 {currency}

CAP RATE

Request Cap Rate

STATUS

Converted

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

70 Key Vacant motel in top tourist area

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1985

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

Commercial

APN/PARCEL ID

17-3.0-06-002-006-010.001

ASK ABOUT THIS PROPERTY

Celine TruongCeline-Truong.comMore Info
650-298-2282

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Celine TruongCeline-Truong.comMore Info
650-298-2282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.