3290 Bagnell Dam Blvd - Hospitality FOR SALE


Lake Ozark, MO 65049
$1,750,000 USD
573-302-2355
3290 Bagnell Dam Blvd, Lake Ozark, MO for Sale
$1,750,000 USD
Hospitality - FOR SALE
1/42
null | Request Cap Rate

3290 Bagnell Dam Blvd
Lake Ozark, MO 65049


OVERVIEW

Over 9 acres in the heart of Lake Ozark with an amazing Lake view. Opportunity for expansion or take the property in a new direction. Property was previously used as a 26 room motel, and current owner has been renting individual rooms out as either nightly, weekly, or monthly to low income tenants. Has been grossing $17,500 per month since purchased; stays full all the time. Current owner had private well dug and installed which is a HUGE savings. Electric runs $3000 per month. Motel could be fixed up and re-opened or with 8 acres in this location the uses are endless. Property includes a separate building that was the motel office but could easily be turned back into a home or owner's quarters for the motel. This could be a great spot for several multi-level office buildings or even a restaurant or winery. Great visibility and easy access from Business 54.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$187 USD /SF

# OF ROOMS

26

PRICE/ROOM

$67,308 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marina Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1966

PARKING SPACES

29

LAND DETAILS

LAND ACRES

4.7 AC

LAND SF

204,732 SF

ZONING

C-1

APN/PARCEL ID

129032002004001000,129032003002001000

ASK ABOUT THIS PROPERTY

Jeff KrantzJeff Krantz & AssociatesMore Info
573-302-2355

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Jeff KrantzJeff Krantz & AssociatesMore Info
573-302-2355

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