Broker/Partner 417.334.3149 C 417.331.6708 [email protected]ROBERT HUELS, CCIM Broker/Partner 417.334.3149 C 417.294.1422 scritchfi[email protected]STEVE CRITCHFIELD, CCIM PRESENTED BY: WWW.COMMERCIALONEBROKERS.COM ONE PROPERTY OVERVIEW For Sale, Top Rated 200 Room Full Service Waterpark Hotel. Property amenities include a lobby with sitting areas, gift shop, and arcade, indoor water park, outdoor water park, snack bar, restaurant, salon / spa and 160 sq. Ft. Meeting space. Property includes 219 parking spaces, including handicapped spaces. PROPERTY HIGHLIGHTS • Branson's Lodging Market Now in its fifth year of growth. Recorded room demand increases at a faster rate and above all other competing destinations. • Record ADR's, REV PAR's and Occupancy Rate For The Market • Only 1 of 3 Indoor Waterpark Properties In The Market • Versital Offering of 102 Exterior Corridor Rooms and 98 Interior Corridor With Big Upside Opportunity to convert over time and add to the asset. • 5 Yr. Avg. Daily Rate: Atrium Rooms $100.03. The Tower Rooms $130.87. Both perform above the market average for 2016. • Operating Results have suffered over the last three years due to other business interest and health issues. PROPERTY SUMMARY Sale Price: $6,350,000 Cap Rate: 6.59% NOI: $418,463 Lot Size: 4.45 Acres Building Size: 140,527 SF Zoning: Commercial Market: Hotel Cross Streets: 3005 GREEN MOUNTAIN ROAD, BRANSON, MISSOURI CASTLE ROCK RESORT & WATERPARK A HOSPITALITY INVESTMENT OPPORTUNITY
9
Embed
A HOSPITALITY INVESTMENT OPPORTUNITY CASTLE ROCK RESORT ...images2.loopnet.com/d2/_G_2qzKGBtTdParaOl09MdaNCJ1oCHVfoOo… · 3005 GREEN MOUNTAIN ROAD, BRANSON, MISSOURI CASTLE ROCK
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
For Sale, Top Rated 200 Room Full Service Waterpark Hotel. Property amenities include a lobby with sittingareas, gift shop, and arcade, indoor water park, outdoor water park, snack bar, restaurant, salon / spa and160 sq. Ft. Meeting space. Property includes 219 parking spaces, including handicapped spaces.
PROPERTY HIGHLIGHTS
• Branson's Lodging Market Now in its fifth year of growth. Recorded room demand increases at a faster rate
and above all other competing destinations.
• Record ADR's, REV PAR's and Occupancy Rate For The Market
• Only 1 of 3 Indoor Waterpark Properties In The Market
• Versital Offering of 102 Exterior Corridor Rooms and 98 Interior Corridor With Big Upside Opportunity to
convert over time and add to the asset.
• 5 Yr. Avg. Daily Rate: Atrium Rooms $100.03. The Tower Rooms $130.87. Both perform above the market
average for 2016.
• Operating Results have suffered over the last three years due to other business interest and health issues.
PROPERTY SUMMARY
Sale Price: $6,350,000
Cap Rate: 6.59%
NOI: $418,463
Lot Size: 4.45 Acres
Building Size: 140,527 SF
Zoning: Commercial
Market: Hotel
Cross Streets:
3005 GREEN MOUNTAIN ROAD, BRANSON, MISSOURI
CASTLE ROCK RESORT & WATERPARKA HOSPITALITY INVESTMENT OPPORTUNITY