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Search Land - 1062 Susan Road Lake Ozark MO 65049

1062 Susan Road Lake Ozark MO 65049

$5,175,000
1062 Susan Road, Lake Ozark, MO
Status: Active
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Property Type
N/A
Acreage
6.2 acres
County
Camden, MO
Format
Sale
Virtual Tour
View
Features
N/A
List Date
Jun 13, 2024
Documents
N/A
Description
MOTIVATED SELLER! Iconic Lake Ozark Resort & Marina. Ideally located at the 2mm in McCoy Branch Cove by water & off Horseshoe Bend Pkwy between Four Seasons and the Strip - the "prime area" of the lake. Recently updated facilities include 18 cabins, 2 condos, 40'x22' heated/cooled pool, 24 slip marina, gas dock, marina store, boat & jet ski rentals. All new public lakefront bar & restaurant, lounge bar & pizzeria, and commercial kitchen. All new resort technology and systems have been set up for easy operations. There is room for further resort development on the 2.5 acre waterfront lot and the adjacent undeveloped 3.5 acre lot, which is also included. Cap Rate range 8.5%, Sales up 100%+ from 2022 to 2023, ADR up 113% from 2019 to 2023, RevPAR up 30% from 2019 to 2023, Total resort & business update undertaken in 2022 & 2023 Turnkey operation, with up to the minute tech stack, set up for minimal staff operations. Financials available.
Listing Agent
James Trowbridge
Keller Williams Lake of the Ozarks Realty
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