Description
MOTIVATED SELLER! Iconic Lake Ozark Resort & Marina. Ideally located at the 2mm in McCoy Branch Cove by water & off Horseshoe Bend Pkwy between Four Seasons and the Strip - the "prime area" of the lake. Recently updated facilities include 18 cabins, 2 condos, 40'x22' heated/cooled pool, 24 slip marina, gas dock, marina store, boat & jet ski rentals. All new public lakefront bar & restaurant, lounge bar & pizzeria, and commercial kitchen. All new resort technology and systems have been set up for easy operations. There is room for further resort development on the 2.5 acre waterfront lot and the adjacent undeveloped 3.5 acre lot, which is also included. Cap Rate range 8.5%, Sales up 100%+ from 2022 to 2023, ADR up 113% from 2019 to 2023, RevPAR up 30% from 2019 to 2023, Total resort & business update undertaken in 2022 & 2023 Turnkey operation, with up to the minute tech stack, set up for minimal staff operations. Financials available.
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0BEDS
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6.2ACRES
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0BATHS
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01/2 BATHS
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13,269SQFT
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$354$/SQFT
School Ratings & Info
Description
MOTIVATED SELLER! Iconic Lake Ozark Resort & Marina. Ideally located at the 2mm in McCoy Branch Cove by water & off Horseshoe Bend Pkwy between Four Seasons and the Strip - the "prime area" of the lake. Recently updated facilities include 18 cabins, 2 condos, 40'x22' heated/cooled pool, 24 slip marina, gas dock, marina store, boat & jet ski rentals. All new public lakefront bar & restaurant, lounge bar & pizzeria, and commercial kitchen. All new resort technology and systems have been set up for easy operations. There is room for further resort development on the 2.5 acre waterfront lot and the adjacent undeveloped 3.5 acre lot, which is also included. Cap Rate range 8.5%, Sales up 100%+ from 2022 to 2023, ADR up 113% from 2019 to 2023, RevPAR up 30% from 2019 to 2023, Total resort & business update undertaken in 2022 & 2023 Turnkey operation, with up to the minute tech stack, set up for minimal staff operations. Financials available.
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These Properties are provided courtesy of Broker Reciprocity/IDX Lake of the Ozarks Board of REALTORS®, Inc. and Bagnell Dam Association of REALTORS® Multiple Listing Services. Real estate listings held by brokerage firms other than Rock Island Realty are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Information is being provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Data last updated: 2024-10-06T00:26:20.237.