A HOSPITALITY INVESTMENT OPPORTUNITY CASTLE ROCK RESORT...
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Transcript of A HOSPITALITY INVESTMENT OPPORTUNITY CASTLE ROCK RESORT...
Broker/Partner417.334.3149C [email protected]
ROBERT HUELS, CCIMBroker/Partner417.334.3149C [email protected]
STEVE CRITCHFIELD, CCIMPRESENTED BY:
WWW.COMMERCIALONEBROKERS.COMONE
PROPERTY OVERVIEW
For Sale, Top Rated 200 Room Full Service Waterpark Hotel. Property amenities include a lobby with sittingareas, gift shop, and arcade, indoor water park, outdoor water park, snack bar, restaurant, salon / spa and160 sq. Ft. Meeting space. Property includes 219 parking spaces, including handicapped spaces.
PROPERTY HIGHLIGHTS
• Branson's Lodging Market Now in its fifth year of growth. Recorded room demand increases at a faster rate
and above all other competing destinations.
• Record ADR's, REV PAR's and Occupancy Rate For The Market
• Only 1 of 3 Indoor Waterpark Properties In The Market
• Versital Offering of 102 Exterior Corridor Rooms and 98 Interior Corridor With Big Upside Opportunity to
convert over time and add to the asset.
• 5 Yr. Avg. Daily Rate: Atrium Rooms $100.03. The Tower Rooms $130.87. Both perform above the market
average for 2016.
• Operating Results have suffered over the last three years due to other business interest and health issues.
PROPERTY SUMMARY
Sale Price: $6,350,000
Cap Rate: 6.59%
NOI: $418,463
Lot Size: 4.45 Acres
Building Size: 140,527 SF
Zoning: Commercial
Market: Hotel
Cross Streets:
3005 GREEN MOUNTAIN ROAD, BRANSON, MISSOURI
CASTLE ROCK RESORT & WATERPARKA HOSPITALITY INVESTMENT OPPORTUNITY
Broker/Partner417.334.3149C [email protected]
ROBERT HUELS, CCIMBroker/Partner417.334.3149C [email protected]
STEVE CRITCHFIELD, CCIMPRESENTED BY:
WWW.COMMERCIALONEBROKERS.COMONE
The 98 Room Tower Interior Corridor Property
The 102 Room Attrium Exterior Corridor Property
The 98 Room Tower Interior Corridor Property
3005 GREEN MOUNTAIN ROAD, BRANSON, MISSOURI
CASTLE ROCK RESORT & WATERPARKA HOSPITALITY INVESTMENT OPPORTUNITY
Broker/Partner417.334.3149C [email protected]
ROBERT HUELS, CCIMBroker/Partner417.334.3149C [email protected]
STEVE CRITCHFIELD, CCIMPRESENTED BY:
WWW.COMMERCIALONEBROKERS.COMONE
3005 GREEN MOUNTAIN ROAD, BRANSON, MISSOURI
CASTLE ROCK RESORT & WATERPARKA HOSPITALITY INVESTMENT OPPORTUNITY
Castle Rock Resort & Waterpark
Broker/Partner417.334.3149C [email protected]
ROBERT HUELS, CCIMBroker/Partner417.334.3149C [email protected]
STEVE CRITCHFIELD, CCIMPRESENTED BY:
WWW.COMMERCIALONEBROKERS.COMONE
3005 GREEN MOUNTAIN ROAD, BRANSON, MISSOURI
CASTLE ROCK RESORT & WATERPARKA HOSPITALITY INVESTMENT OPPORTUNITY
Broker/Partner417.334.3149C [email protected]
ROBERT HUELS, CCIMBroker/Partner417.334.3149C [email protected]
STEVE CRITCHFIELD, CCIMPRESENTED BY:
WWW.COMMERCIALONEBROKERS.COMONE
* Demographic data derived from 2010 US Census
1 Mile 5 Miles 10 Miles
Total Population 1,523 22,417 52,086
Population Density 485 285 166
Median Age 44.8 40.3 41.3
Median Age (Male) 41.7 36.8 39.2
Median Age (Female) 46.5 42.5 42.7
Total Households 699 9,354 21,407
# of Persons Per HH 2.2 2.4 2.4
Average HH Income $52,109 $57,673 $56,820
Average House Value $228,218 $196,807
3005 GREEN MOUNTAIN ROAD, BRANSON, MISSOURI
CASTLE ROCK RESORT & WATERPARKA HOSPITALITY INVESTMENT OPPORTUNITY
Broker/Partner417.334.3149C [email protected]
ROBERT HUELS, CCIMBroker/Partner417.334.3149C [email protected]
STEVE CRITCHFIELD, CCIMPRESENTED BY:
WWW.COMMERCIALONEBROKERS.COMONE
Atrium Double Queen Waterpark
Typical King Room With Childrens Double Bunk
Paritl View Of Fully Equipped Kitchen Waterpark Waterpark
Waterpark
3005 GREEN MOUNTAIN ROAD, BRANSON, MISSOURI
CASTLE ROCK RESORT & WATERPARKA HOSPITALITY INVESTMENT OPPORTUNITY
Broker/Partner417.334.3149C [email protected]
ROBERT HUELS, CCIMBroker/Partner417.334.3149C [email protected]
STEVE CRITCHFIELD, CCIMPRESENTED BY:
WWW.COMMERCIALONEBROKERS.COMONE
Fully Equipped Kitchen
Fully Equipped KitchenThe Tower Family Suite
The Tower Arcade Room
3005 GREEN MOUNTAIN ROAD, BRANSON, MISSOURI
CASTLE ROCK RESORT & WATERPARKA HOSPITALITY INVESTMENT OPPORTUNITY
Broker/Partner417.334.3149C [email protected]
ROBERT HUELS, CCIMBroker/Partner417.334.3149C [email protected]
STEVE CRITCHFIELD, CCIMPRESENTED BY:
WWW.COMMERCIALONEBROKERS.COMONE
Typical Atrium King Room
Typical Atrium Double Room
Typical Atrium King Room
3005 GREEN MOUNTAIN ROAD, BRANSON, MISSOURI
CASTLE ROCK RESORT & WATERPARKA HOSPITALITY INVESTMENT OPPORTUNITY