1023 Main St Branson, MO 65616
- Office buildings
- 980 SF
- 1.06 lot acres
Current Use by Public Records
- Motel 6 in Branson surrounding area / Construction And Maintenance Office
- Motel 6 Branson, MO / Motel
Property Details for 1023 Main St
- Year built
- 1977
- Lot size
- 1.06 lot acres
- Property size
- 980 SF
- Property type
- Office buildings
- APN
- 08-9.0-32-003-017-004.000
- APU
- 89032003017004000
Description
This 59-unit motel in Branson, Missouri's entertainment district presents a compelling value-add investment opportunity. The property, built in 1977, boasts 20,000 square feet across three stories, situated on a 1.05-acre lot at 1023 W Main St, Branson, MO 65616. Currently operating at 42% occupancy (as of September 15, 2024), this exterior corridor motel offers significant upside potential. The asking price is $2,350,000, translating to approximately $39,831 per key. The property is zoned for commercial entertainment, benefiting from its location on Branson's main entertainment strip. Minimal capital improvements are required, making this an attractive option for owner-operators seeking a well-maintained asset with immediate income potential. The property is absentee-managed, offering flexibility for potential investors. This represents a rare chance to acquire a well-positioned hospitality asset in a thriving tourist destination.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Branson
- County
- Taney
- State
- Missouri
- Longitude
- -93.2334
- Latitude
- 36.645
- CBSA code
- 14700
- CBSA name
- BRANSON, MO MICROPOLITAN STATISTICAL AREA
