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1996 Highway 64, Lebanon, MO 65536

$5,500,000
Property Type: Commercial-All Types Baths: 60 Square Footage: 17,385 Lot Size (sq. ft.): 812,394 Status: Active
Current Price: $5,500,000 List Date: 4/07/2022 Last Modified: 11/07/2022

Description

Phenomenal opportunity to own the perfect investment--Sand Spring Resort. This super clean, turnkey resort is situated on 18.65 prime acres of Niangua riverfront, and consists of a motel with 52 units (17 with kitchens, 9 singles, 13 doubles, 10 doubles with twins, 3 triple--all units are currently being updated with new flooring & paint), a restaurant (seating for 65 inside, 30 outside covered, 60 outside uncovered), an RV camp (10 spots with 50 AMP electric, water & dump and 20 campsites), playground, an indoor pool, hot tub & sauna, shower room, game room, conference room) 1 Chevy Suburban, 3 buses, 1 van, 1 short bus, 50 canoes, 5 canoe trailers, 36 rafts, 2 regular trailers, and 30 kayaks with with 2 kayak trailers. There's commercial & guest laundry, a check-in office which is a retail shop with living quarters above it. Just in time for Spring and Summer, this resort offers canoeing and rafting, trout fishing, camping, dining & catering, float trips, & a fishing pro shop. Extremely popular resort with little to no vacancy most of the year.

More Information MLS# 60214326

Contract Information

Property Sub-Type: Hospitality Construction Status: Existing Begin Date: 2022-04-07 Transaction Type: Sale List Price: $5,500,000 List Price/SqFt: 316.36 Foreclosure/Short Sale: No Agreement Type: Exclusive Right To Sell

Location, Tax and Other Information

Street #: 1996 Street Name/Route: Highway 64 County: Dallas State/Province: MO Zip Code: 65536 Inside City Limits: No Tax ID: 06-7.0-25-000-000-014.000 Real Estate Tax: 12918 Tax Year: 2021 Business Name: Sand Spring Resort

General Property Description

Baths - Total: 60 Total SqFt: 17385 SqFt - Office Space: 993 SqFt - Retail Space: 993 Aprx Year Built: 1965 Number of Units: 54 Aprx Lot Size (Acres): 18.65 Lot Dimensions: Acres Waterfront/View: Front Lake/River: Niangua River

Remarks & Misc

Directions: I-44 Take exit 129 for MO-64/MO-5/MO-32 Follow S Jefferson Ave Continue to follow MO-64 W 12.3 Miles to Sand Spring Resort.

Status Change Info

Status: Active

Listing Info

Commission Buyer Agy: 4 Commission Buyer Agy Type: % Commission Sub Agy Type: % Commission Trans Brkr: 4 Commission Trans Brkr Type: %

Property Features

View: River Business Type: Campground; Convenience Store; Liquor Store; Meeting Hall; Office; Resort; Restaurant; RV Park Cooling: Central; Electric; Gas; Wall Unit(s) Heating: Electric; Propane Land Status: Land Included Miscellaneous: Additional Building(s); Commercial Dishwasher; Commercial Fridge; Commercial Range; Drapes; Exhaust Fan(s); Fire Alarm; Fireplace; Fixtures/Furniture; Free Standing; Handicap Accessible; Hot Tub; Inside Storage; Laundry Facilities; Living Area in Building; Pool-Indoor; Private Restrooms; Public Restrooms; Reception Area; Refrigeration; Shelving; Smoke Detectors; Water Heater-Electric; Water Heater-Gas Parking: 20+ Spaces Roof: Asphalt; Wood Shake Utilities Available: Electric; Water Well Lot Description: Level; Sidewalk(s); Spring
Listing Office: Keller Williams Tri-Lakes
Last Updated: November - 07 - 2022
1996 Highway 64, Lebanon, MO 65536- MLS# 60214326
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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