Hospitality•Limited Service•For Sale

Days Inn and Suites By Wyndham On Green Mt. Drive

3010 Green Mountain Drive, Branson, Missouri 65616

Sale Price $2,375,000
Sale Type Business for Sale
Zoning Commercial
Bldg Type Single Tenant
Year Built 1993
Year Renovated 2018
Stories 2
Gross Bldg 45,713 SqFt
Land Area 2.22 Acres
Improvements A slightly irregular tract of land. The property slopes moderately to the east into a natural draw located east of the site. This property lies outside of any area identified as a flood hazard zone. The site is served with public electricity, sanitary sewers, cable television, natural gas and municipal water. High visibility on Green Mountain Drive that connects this property to the Hwy 76 Country Blvd.
Market Lodging
Sub-Market Green Mt.
100 room interior corridor flagged motel for sale. In addition, the property includes a separate 4812 sq ft 4-plex that contains four two-bedroom apartments. Two units contain 1209 sq ft and the other two units contain 1097 sq. ft. These units can either be included in addition to the room inventor or use it for staff housing or long term rentals. The property includes in-house laundry as well as coin laundry for guests, meeting room and breakfast room. a $1.2m assumable SBA loan is available for an $1500 assumption cost. Owners have found another 1031 property they have under contract and are anxious to sell. Would consider a short term 20% carry back for a qualified buyer. Located in the heart of Branson's Entertainment District surrounded by other lodging, condo's, timeshare, live music theaters, retail, golf course, and numerous family attractions. New aquarium to open in the Summer of 2020 only a few blocks from this property. Visitors are able to walk to many of the nearby visitor amenities. The area provides good access to nearby residential and employment areas as well. THIS PROPERTY IS ALSO IN AN OPPORTUNITY DISTRICT
  • Interior Corridor Property
  • Actual 2019 Gross Income Is over $865,000 with an NOI of $203,541
  • Flagged Two Years Ago - No Current PIP's Required
  • Located In The Heart Of The Entertainment District and Opportunity Zone
  • Recently Remodeled and Flagged
  • Assumable SBA Loan of approximately $1.2 Million at 4.5% for 20-year term.
  • Sellers anxious to complete a 1031 transaction and would consider short term carry back up to 20% for qualified Buyer
12/4/2019 8:21:01 PM 5/27/2020 3:04:24 PM
Stephen Critchfield
Broker/Partner
Commercial One Brokers LLC.
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