2425 W. State Hwy. 76, Branson MO

Motel for Sale - $2,100,000


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Agent Info

NameStephen Critchfield, CCIM
CompanyCommercial 1 Brokers LLC

Property Info

CIMLS #968532
Location2425 W. State Hwy. 76
Branson MO 65616
Last UpdatedDecember 12th, 2017
TypeMotel
Price$2,100,000

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Property Description

Recently flagged 148 Room Roadway Inn economy property with all PIP's paid and no deferred maintenance. Steady increase in sales and NOI over the last three years without any group sales marketing. Priced at 2.36 X's 2016 Room Sales.

Location Description:

Located in the heart of Branson's entertainment district and surrounded by hundreds of attractions (shows, shops, and restaurants) on the famous Hwy 76 Strip. The property is only a few minutes from historic downtown Branson and the new Branson Landing and Convention Center. This Branson hotel is within walking distance to the Andy Williams Theater, Branson Variety Theater, and the soon to be rehabbed Grand Palace. The Grand Palace is scheduled to be repurposed into a major $100M family attraction in the coming months. Over 60 outlet stores at The Tanger Outlet can be found just behind this property to the east. In addition, excellent access roads are right at the back door to this property which provides easy access to all area attractions.

Highlights:

>> A Variety Of Room Configurations Available

>> King Jacuzzi suites

>> Connecting Family rooms in high demand

>> Loft rooms

>> Standard King and Queen rooms

>> Outdoor Pool

>> On-site guest laundry facility

>> Continental breakfast room

>> Elevator

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