$4,950,000 | N/A beds | N/A full baths | N/A half baths | 13,269 sqft

$4,950,000 Reduced -$225,000
1062 Susan Road
Lake Ozark, MO 65049
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 13,269SqFt
  • N/AYear Built
  • 6.20Acres
  • MLS# 3566324
  • Commercial
  • Business & Real Estate
  • Active

  • Approx Time on Market2 months, 25 days
  • AreaLake Ozark/horseshoe Bend/(a)
  • CountyCamden
  • SubdivisionN/A

Overview

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.



CountyLake Ozark/horseshoe Bend/(a)

Agent Remarks

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.


Building Info

Exterior Features

Fenced:  No

Exteriorfeatures

Ext Const:  Metal, Wood Siding

Financial

Special Assessments:  0.00

Terms:  Cash To Seller

Other Bank Stabilization:  ,No,

Foreclosure:  No

Garage / Parking

Garage:  No

Parking Spaces:  65

Interior Features

Furnished:  No

Fireplaces:  No

Lot Info

Survey:  Yes

Location:  Lakefront

Acres:  6.20

Road Frontage:  665.00

Marina Info

Largest Slip Width:  10

Rip Rap:  ,No,

Boat Dock Incl:  No

Dockable:  ,No,

Dock Slip Conveyance:  Yes

Dock Number:  1

Largest Slip Length:  34

Seawall:  No

Num Slips:  24

Pier Permit:  ,No,

Ramp Permit:  Yes

Slip Count:  24

Pwc Slip:  Yes

Seawall Permit:  1

Dock:  4+ Well, Dock Covered, Electric

Rip Rap Permit:  ,No,

Misc

Accessory Permit:  Yes

Inventory Included:  Yes

Auction:  No

Fixed Equipment:  1

Mile Marker Area:  Osage

Mile Marker:  2

Property Info

Remodeled Updated:  Remodeled

Zoning Code:  B-2

Possible Use:  Commercial, Residential

One Level Living:  No

Zoning Auth:  Camden County

Fifty Five Plus Housing:  No

Business Name:  Buddy's Harbor

Included:  items per inventory

Property Features:  Internet Available, Level, Other

Num of Pwc Lift:  4

Ownership:  Fee Simple

Parcel Num Addl:  01602300000006046000

Parcel Number:  01602300000007050000

Pers Prop Incl:  ,No,

Not Included:  personal items and items currently leased or rented

Sale / Lease Info

Legal Description:  Pt Lot 16 Horseshoe Bend No 7 and Pt Lot 193 Horseshoe Bend No 7

Business Type:  Bar/Lounge, Dining/Restaurant, Hotel/Lodging, Resort

Special Features

Sqft Info

Sqft:  13,269

Sqft Unf Incl:  workshop area, outdoor restroom

Tax Info

Tax Year:  2023

Tax Real Estate:  8104.

Unit Info

Number of Units:  11

Utilities / Hvac

Sewer:  On-Site Treatment

High Speed Internet:  Yes

Pump Permit:  ,No,

Cool System:  Central Air, Ductless/Mini Split

Heat Fuel Type:  Multiple Fuel

Heating:  Forced Air Electric, Natural Gas

Electricity:  No

Utilities Available:  Cable,Electric,Natural Gas,Propane

Waterfront / Water

Waterfront Features Permits:  Boat Ramp, Martini Deck, Other, Seawall Concrete

Water Type:  Private Well

Waterfront Features:  Beach, Boat Ramp, Cove Location, Main Channel View, Other, Seawall Concrete

Lake Front Footage:  495

Courtesy of Keller Williams L.o. Realty  - (573) 348-9898

Featured Lender

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Julz Turley

TLC Lending

573-552-5859
Julz.turley@tlclender.com
https://www.tlclender.com/locations/lake-of-the-ozarks/julz-turley/

At Total Lending Concepts, our ultimate goal is to create lasting relationships with each of our clients so that we may continue providing excellent service for many years to come. So regardless if you are looking to purchase your dream home, refinance your current home, or consolidate debt, you owe it to yourself to see why so many have chosen Total Lending Concepts. So give us a call when you need a little “TLC”.

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Price & Status History (on justlistedlakeozark.com since Thu, Jun 13th 2024)
  • Original Price: $5,175,000
  • Current Price: $4,950,000
  • Price Reduced: $225,000
Date ChangedFromTo
08/14/2024$5,175,000 $4,950,000 Reduced by $225,000
07/30/2024$5,500,000 $5,175,000 Reduced by $325,000

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