256 Irish Hills Dr - Hospitality FOR SALE


Camdenton, MO 65020
$3,700,000 USD
573-544-6054
256 Irish Hills Dr, Camdenton, MO for Sale
$3,700,000 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

256 Irish Hills Dr
Camdenton, MO 65020


HIGHLIGHTS

  • Lakeside
  • Opportunity for Expansion
  • High Visitor Traffic

OVERVIEW

This lakeside resort was purchased in 2022, fully renovated and rebranded and has seen massive customer growth year after year since. Located at the Lake of the Ozarks in Missouri, this large vacation destination brings in over 1 million tourists each year. This is a turnkey property with all business operations currently in place and ready to transfer to new owners which includes 12 cabins of various sizes, 3 homes, 3 boat docks, and 3 storage sheds. The current owners are semi-absentee with current staff in place. New owners can be more involved (or even less, if desired) and could even live on-site! This is a unique property with massive potential for continued increased revenue. With 7 acres and 600 linear feet of lake frontage, there is plenty of space to build more cabins (approximately 15), add more boat docks and offer long term slip rentals, open a lakeside restaurant, offer boat rentals, or even build long term housing or storage units, you name it! Renovations completed in 2022 and 2023 include full cabin renovations (exterior & interior), new furniture & appliances in every unit, a renovated laundry room, the addition of a resource room, a new playground, the addition of a swimming pool & a boat trailer parking lot, new mini-split HVAC units in each cabin, yard games, and the addition of kayaks, paddle boards and golf carts which are offered as daily rentals. Great care was taken to design the property to offer a renovated space but to keep the nostalgia of a 50's era lakeside resort. Compliments & reviews consistently portray how much the guests enjoy these details! Resorts of this size at the Lake have not been renovated for years and this is a huge draw for guests to choose Niangua Hills Resort over the competition. Amenities currently offered include: Pet-friendly cabins (additional pet fees apply), renovated cabins, Wi-Fi, satellite TV, asphalted roads, a boat ramp, a boat trailer parking area, General Store, Laundry Room, lakeside cabins, playground, enclosed fish house, boat slips (additional fees apply for use), lakeside fire pits, linens provided, a community swim dock, a community pavilion (a huge draw for large family reunions), laundry room (additional fees apply), larger homes available for nightly rentals, BBQ grills, and are located in a no-wake cove (highly coveted as there are no other resorts in this area that can offer this). Financials available once an NDA has been secured.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$383 USD /SF

# OF ROOMS

15

PRICE/ROOM

$246,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Niangua Hills Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.85 AC

LAND SF

298,352 SF

ZONING

-

APN/PARCEL ID

13-3.0-05.0-000.0-003-019.000

ASK ABOUT THIS PROPERTY

Amanda BaxNiangua Hills ResortMore Info
573-544-6054

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Amanda BaxNiangua Hills ResortMore Info
573-544-6054

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.