Missouri, United States
Sale conditions: Market
Auction Date: | 03/08/2020 - 03/10/2020 |
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Ownership: | Fee Interest |
Type: | Hotel |
Sub Type: | Limited Service |
Chain / Market Scale: | Independent |
Corridor: | Mix of Interior & Exterior |
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No. of Keys: | 217 |
Site Size: | 4.36 AC |
Property tours are available by appointment ONLY. Please contact Dan Emert to schedule at 970-819-4948 or dan@red4realty.com
Located in Southwest Missouri, this 75,000 SF Honeysuckle Inn & conference Center is a 217-room lodging center for the large number of yearly visitors to the Ozark. The hotel offers accommodations with rooms that feature either a king size bed or two double queens. The property also has amenities such as indoor & outdoor pools, a conference center, and catering facilities. This one owner property (built by the owner) is ready for a new owner to continue to operate it as an independent hotel, and unencumbered by management. There is also the option for the asset to be converted to add value to this market. The City of Branson (population 7,500; 7.2 million visitors annually and growing) is located in southwest Missouri, 35 miles south of Springfield within the heart of the Ozark Mountains. Branson serves as the job, service and shopping center for a two county area with 70,000 year round residents. The asset is sitting on a large 4+ acre lot and is located closest to all three major attractions in the area: Silver Dollar City theme park, White Water Park, and Shepherd of the Hills outdoor theater. Many restaurants, shops, and museums are close to the hotel, and they also offer 5 dining options on site. As Branson is known for its live theater, nine of which are located within two miles of the hotel, including Mickey Gilley, The Duttons, and Country Tonite.
This is an investment opportunity for a new owner or operator to acquire an asset that serves the 7.2M yearly visitors of Branson, Missouri. There is a strong historical NOI year over year. The property is consistently maintained and can operate during the pandemic, with plenty of safety measures already in place. Plenty of upside for a new owner with potential to add value. The average household income in the area is $53,485 within a mile, not including the large number of yearly visitors.
Property Name: | Login to view |
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Property Type: | Hotel |
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Property Sub Type: | Limited Service |
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Chain / Market Scale: | Independent |
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Corridor: | Mix of Interior & Exterior |
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Keys: | 217 |
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Building Status: | Existing |
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No. of buildings: | 3 |
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Building size(SF): | 75000 |
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Site size: | 4.36 AC |
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Meeting Space: | 1 Rooms |
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Parking Type: | Surface |
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Breakfast Area
Outdoor Pool
Indoor Pool
Other
Group
Leisure
Co-Listed with Arlene Richardson Ten-X, Inc.
Country: | United States |
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City: | Login to view |
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State: | Missouri |
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Postal Code: | Login to view |
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APN/Parcel ID: | Login to view |
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Location Type: | Login to view |
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Managing Broker and Owner
Red 4 Realty Group, LLC
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