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Marina Inn 3290 Bagnell Dam Blvd

26 Room Hotel Lake Ozark, MO 65049 $1,750,000 ($67,308/Room)

Executive Summary

Over 9 acres in the heart of Lake Ozark with an amazing Lake view. Opportunity for expansion or take the property in a new direction. Property was previously used as a 26 room motel, and current owner has been renting individual rooms out as either nightly, weekly, or monthly to low income tenants. Has been grossing $17,500 per month since purchased; stays full all the time. Current owner had private well dug and installed which is a HUGE savings. Electric runs $3000 per month. Motel could be fixed up and re-opened or with 8 acres in this location the uses are endless. Property includes a separate building that was the motel office but could easily be turned back into a home or owner's quarters for the motel. This could be a great spot for several multi-level office buildings or even a restaurant or winery. Great visibility and easy access from Business 54.

Property Facts

Price $1,750,000
Price Per Room $67,308
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 4.70 AC
Building Size 9,360 SF
No. Rooms 26
No. Stories 1
Year Built 1966
Parking Ratio 3.1/1,000 SF
Corridor Exterior

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 26 $59.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
129032002004001000
Land Assessment
$8,000
Improvements Assessment
$0
Total Assessment
$8,000

zoning

Zoning Code C-1
C-1
  • Listing ID: 31351473

  • Date on Market: 3/28/2024

  • Last Updated:

  • Address: 3290 Bagnell Dam Blvd, Lake Ozark, MO 65049

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