70 Key Vacant motel in top tourist area 1900 W 76 Country Blvd

We offer 3% to a buyer's agent at close.
Looking for a value add opportunity? Vacant 70 key fixer upper motel on main street of a tourist town that gets millions of visitors per year for under $9k per key.
That's one of the lowest costs per key in the country and definitely the cheapest for something with comparable location.
Why so cheap? The property has been vacant for several years , needs complete rehab including roof membrane, electric,plumbing, Ptacs, and more, and has no income, no T12, and is not habitable.
The upside- rehab as motel or possibly workforce (acute need in Branson) or (possibly) multifamily. If multifamily- you likely would have a a maximum density of around 24 units.
Property is concrete including walls, floors, ceilings , and partition walls.
There is a standpipe and fire hose stations on each floor.
Lot is just over an acre with ample parking.
Location- 1/2 mile from Dolly Parton's Stampede , across the street from Grand Country Water park, and a mile from the aquarium and boardwalk- plus other top attractions nearby.
Owners are professional investors who purchase as is, cleaned out the rooms, and are selling as a fix up opportunity as that is their business niche.
Additional photos , videos, property condition report available.
Owners will not accept blind offers and do not accept contract assignments or novations.
May trade for property of greater value and may owner carry- but only at or above asking price with 50 percent down, 10 percent interest, 1 year term.
Property has a gate and security system/cameras- please contact prior to visiting