A HOSPITALITY INVESTMENT OPPORTUNITY CASTLE ROCK RESORT...

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Broker/Partner 417.334.3149 C 417.331.6708 [email protected] ROBERT HUELS, CCIM Broker/Partner 417.334.3149 C 417.294.1422 scritchfi[email protected] STEVE CRITCHFIELD, CCIM PRESENTED BY: WWW.COMMERCIALONEBROKERS.COM ONE PROPERTY OVERVIEW For Sale, Top Rated 200 Room Full Service Waterpark Hotel. Property amenities include a lobby with sitting areas, gift shop, and arcade, indoor water park, outdoor water park, snack bar, restaurant, salon / spa and 160 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 & WATERPARK A HOSPITALITY INVESTMENT OPPORTUNITY

Transcript of A HOSPITALITY INVESTMENT OPPORTUNITY CASTLE ROCK RESORT...

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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

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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

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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

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Castle Rock Resort & Waterpark

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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

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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

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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

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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

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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