Property Details

TITLE:
Workforce Housing Hotel Nat. Flag - High Upside in Grrowing Red State
CONTROL:
Exclusive
VALUE:
$1,395,000
LOAN:
$350,000
EQUITY:
$1,045,000
TYPE:
Hotel/Motel
HAVE:
Workforce Housing Hotel Branson MO. 45 rooms. Can Add: other props to get 200 rooms. Great upside revenue if better mktg to GCs & subs. Built 1980. Metal roof-good shape. Owner motivated-do creative deals. Willing to exchange almost anywhere in the USA.
ADDRESS:
325 Gretna Rd, Branson, MO 65616, Branson, Missouri
BENEFITS TO NEW OWNER:
1. Highly motivated seller that will consider creative dals. 2. High revenue upside if buyer markets to GCs and subs in the market. 3. Building in good shape and passed inspections till Oct 2027.
GROSS SCHEDULED INCOME:
$305,186 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$305,186
EXPENSES:
$160,437
NOI:
$144,749
DEBT SERVICE:
$0
CASH FLOW:
$144,749
CAP RATE:
10.38%
BENEFITS SOUGHT:
Owner wants to move to another opportunity.
CAN ADD:
Other similar hotel properties in Branson to increase to approx 200 rooms.
REMARKS:
This is a opportunity to buy a value add property and gain substantial cash flow in a growing market.
COUNSELOR:
Kurt Lord
Lord Partners
11477 Olde Cabin Rd., Ste 310
St. Louis, Missouri, 63141
Phone: 314-862-5566
Cell: 314-960-5258