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5887 Osage Beach Pky
Osage Beach, MO 65065

Baymont by Wyndham Osage Beach · Hospitality Property For Sale · 33,876 SF

Investment Highlights

  • Two-Story, 70-Room, Wyndham Hotels-Branded, Interior-Corridor Hotel
  • Located within the Lake of the Ozarks Region and Easily Accessible and Highly Visible from U.S. Highway 54
  • TTM December 2022 Revenues Exceeded $1 Million while Maintaining a NOI Over $217,000
  • Value-Add Property with Absentee Ownership Presenting Operational Upside
  • Situated Under 10 Miles from Osage Beach’s Largest Employers and Highest Value Businesses
  • Recent Capital Expenditures

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.59 AC
Building Size 33,876 SF
No. Stories 2
Year Built/Renovated 1994/2005
Parking Ratio 2.42/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

About 5887 Osage Beach Pky , Osage Beach, MO 65065

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to quali?ed investors the Baymont Inn & Suites Osage Beach (‘Hotel’ or ‘Property’) located in Osage Beach, Missouri. The Wyndham Hotels-branded Hotel is offered at $3,000,000 or $42,857 per key. Osage Beach, located in the heart of Missouri, is a vibrant city nestled in the Lake of the Ozarks region. The Hotel’s proximity to some of the city’s popular demand generators allows it to take full advantage of the prominent industries within the local economy. Most famously, the hotel is located near Lake of the Ozarks, which offers guests opportunities for boating, swimming, and other water-based activities. Entertainment demand drivers for the city include Main Street Music Hall (0.3 miles), a popular venue for concerts and comedy shows, as well as the Osage Beach Outlet Marketplace (4.5 miles), known for its various shopping and dining options. There are many recreational activities near the hotel as well. Bridal Cave (13.1 miles), a mile-long stretch of underground caves, The Oaks Golf Course, (1.8 miles), and Lake of the Ozarks State Park (7.4 miles), which attracts close to 2.5 million visitors per year, are also located a short drive from the hotel. Tourism plays a crucial role in Osage Beach's economy, as the city attracts a signi?cant number of visitors each year. The Lake of the Ozarks offers a wide range of recreational activities, including boating, ?shing, water sports, and gol?ng, making it a popular vacation spot. The in?ux of tourists supports various businesses, such as hotels, restaurants, resorts, and entertainment venues. Outside of hospitality, Lake Regional Health System (0.6 miles) and Walmart (5.1 miles) are two major employers for the city. In the trailing twelve-month period ending in December 2022, the limited-service Hotel recorded revenues of over $1 million and a net operating income of just over $217,000, or 21.7 percent as a percentage of total revenues, after a 3 percent capital replacement reserve. As of April, the twelve-month average RevPAR in the Missouri South Central Area hotel submarket was up 10.1%, in line with the similarly impressive market-wide average. The value-add Property presents an operational upside to an investor that can take advantage of the absentee ownership. A prospective buyer should be able to capitalize on the anticipated increase in RevPAR through better revenue management, not only bene?ting from increased market share but also higher NOI ?ow-through.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 08 5.0 16.0 000.0 001 030.000
  • 08-5.0-16.0-000.0-001-033.001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$608,560

zoning

Zoning Code C-2 (Commercial)
C-2 (Commercial)
  • Listing ID: 28862248

  • Date on Market: 6/27/2023

  • Last Updated:

  • Address: 5887 Osage Beach Pky, Osage Beach, MO 65065

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