Avison Young Lists Radisson Hotel Branson - Branson, MO
Avison Young, as sole exclusive agent, is please to offer the fee simple interest in the Radisson Hotel Branson (hereinafter "Property", or "Hotel"), a full-service hotel located in Branson, Missouri.
The Property is situated just off West 76 Country Boulevard on Wildwood Drive only three miles west of downtown Branson. The Hotel is located near local tourist attractions such as Silver Dollar City Theme Park, Shepherd of the Hills, King's Castle Theater, Stone Hill Winery, downtown Branson, Ripley's Believe It or Not, Sight & Sound Theatre, IMAX Entertainment Complex, and shopping at Branson Landing on the river. Dining options such as Panera Bread, Lone Star Steakhouse, Mel's Hard Luck Diner, Landry's Seafood, Jimmy John's, Shorty Small's, and Dairy Queen are within walking distance of the hotel. The Hotel offers easy access to a variety of outdoor activities such as fishing and boating at Table Rock Lake just six miles away. Additionally, there are several golf courses nearby.
The Property is a nine-story, interior corridor hotel which was opened in 1994. The Hotel has a lobby, reception area, an indoor-outdoor pool, whirlpool, fitness center, 15,000 square feet of event space, restaurant, lounge, business center, guest laundry facility, and hotel-wide WiFi internet access. The Property offers 472 guestrooms with room service, king, queen, and double beds, flat screen TV's, refrigerators, work desk with ergonomic chair, coffee maker, and easy chair with ottoman. Radisson Hotel standard amenities are provided in all guestrooms. Select rooms include a sleeper sofa, separate living room, kitchenette with table and chairs, microwave, sink, and whirlpool.
- 472 guestrooms
- Nine-story, interior corridor building, build in 1994
- Indoor-outdoor heated pool
- Suites have separate living space and kitchenette
- Near the entertainment district
There are a number of compelling aspects to this investment opportunity, which should provide a significant increase in value for an investor, which are as follows:
- Offered well below replacement cost
- Close proximity to local attractions
- Upward trending revenues
- Property is in good condition with limited post close renovation capital required for a property of this size
- Property immediate area continuing to fill with more retail, eateries, and entertainment
- Operational upside as rate continues to climb
Price Per Key- $36,017
Number Of Rooms- 472published: 05-23-2017