BRANSON WINDMILL INN 2425 W. STATE HWY. 76, BRANSON, MISSOURI A HOSPITALITY INVESTMENT OPPORTUNITY PROPERTY HIGHLIGHTS PROPERTY SUMMARY

Transcription

1 PROPERTY SUMMARY Sale Price: $2,100,000 NOI: $271,806 Lot Size: 2.61 Acres Building Size: 56,320 SF Year Built: 1990 Renovated: 2013 Zoning: Commercial Market: Hospitality Sub Market: Hwy 76 Cross Streets: Tanger Blvd and Hwy. 76 PROPERTY OVERVIEW Recently flagged 148 Room Roadway Inn economy property with all PIP's paid and no deferred maintenance. Steady increase in sales and NOI over the last three years without any group sales marketing. The roadway reservation system will add to the gross. Priced at 2.36 X's 2016 Room Sales. PROPERTY HIGHLIGHTS A Variety Of Room Configurations Available King Jacuzzi suites Plust Standard King and Queen Rooms Connecting Family rooms that are in high demand Loft rooms Outdoor Pool On-site guest laundry & Continental breakfast room Elevator

2 2425 W. State Hwy. 76

3 A HOSPITALITY INVESTMENT OPPORTUNITY LOCATION DESCRIPTION Located in the heart of Branson's entertainment district and surrounded by hundreds of attractions (shows, shops, and restaurants) on the famous Hwy 76 Strip. The property is only a few minutes from historic downtown Branson and the new Branson Landing and Convention Center. This Branson hotel is within walking distance to the Andy Williams Theater, Branson Variety Theater, and the soon to be rehabbed Grand Palace. The Grand Palace is scheduled to be repurposed into a major $100M family attraction in the coming months. Over 60 outlet stores at The Tanger Outlet can be found just behind this property to the east. In addition, excellent access roads are right at the back door to this property which provides easy access to all area attractions. ONE

4 Site Demensions Branson Windmill Inn A HOSPITALITY INVESTMENT OPPORTUNITY

5 Looking East Toward Tanger Mall

6 Looking West Toward Hwy 76 (The Strip)

7 Typical Queen and King Room Finish Balance of Room View

8 New Signage In Process Outdoor Pool

9 Branson Retail: Steady Growth, Recession-resistant Branson Retail Sales (in $Billions) % avg growth +3.3% * Reflects reported sales/tourism tax data, adjusted to reflect ~2 month reporting lag Branson Restaurant and Hotel Revenue (in $Millions) 4.2% avg growth 5.2% avg growth +4.2% +5.3% Restaurant Hotel Branson Retail: Balanced Seasonality Retail Sales Seasonality % 30% 25% 20% 15% 10% 5% 0% Q1 Q2 Q3 Q4

10 STEADY INCREASES IN VISITATION 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% -2.0% -4.0% -6.0% -8.0% Annual Variance to Prior Year 11.4% 8.9% 8.0% 7.4% 7.1% 5.4% 3.1% 4.0% 5.2% 5.5% 3.8% 2.3% 1.1% 1.6% 1.6% -0.6% -1.2%-1.3% -2.5% -3.7%-3.8% -5.4%

11 1 Mile 5 Miles 10 Miles Total Population 1,226 24,086 52,433 Population Density Median Age Median Age (Male) Median Age (Female) Total Households 553 9,954 21,452 # of Persons Per HH Average HH Income $53,792 $58,257 $56,735 Average House Value $231,635 $190,357 * Demographic data derived from 2010 US Census