$4,700,000 Reduced -$250,000
1062 Susan Road
Lake Ozark, MO 65049
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 12,491SqFt
  • N/AYear Built
  • 6.20Acres
  • MLS# 3566324
  • Commercial
  • Business
  • Active

  • Approx Time on Market4 months, 4 days
  • AreaLake Ozark/horseshoe Bend/(a)
  • CountyCamden
  • Subdivision N/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.


Agriculture / Farm

Grazing Permits Blm:  ,No,

Grazing Permits Forest Service:  ,No,

Crops Included:  ,No,

Irrigation Water Rights:  ,No,

Grazing Permits Private:  ,No,

Horse:  ,No,

Association Fees / Info

Hoa:  No

Bathroom Info

Building Info

Property Condition:  UpdatedRemodeled

Mobile Home Remains:  ,No,

Building Area Total:  13269

Property Attached:  ,No,

Construction Materials:  MetalSiding, WoodSiding

New Construction:  No

Cooling:  Yes

Buyer Compensation

Exterior Features

Spa:  No

Pool Private:  No

Financial

Rent Control:  No

Garage / Parking

Garage:  No

Parking Spaces:  65

Carport:  No

Open Parking:  No

Attached Garage:  ,No,

Green / Env Info

Green Verification:  ,No,

Interior Features

Fireplace:  No

Lot Info

Acres:  6.20

Lotsize Area:  6.20

Lot Size Units:  Acres

Lot Features:  LakeFront, Level, Other

Property Info

Basement:  No

County:  Camden

Business Name:  Buddy's Harbor

Parcel Number:  01602300000007050000

Zoning:  B-2

Road Surface Type:  Asphalt, Paved

Possible Use:  Commercial, Residential

Senior Community:  No

Sale / Lease Info

Business Type:  BarTavernLounge, HotelMotel, Restaurant

Tax Info

Tax Year:  2023

Tax Amount Annual:  8104.78

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

Unit Info

Utilities / Hvac

Utilities:  CableAvailable, ElectricityAva

Sewer:  TreatmentPlant

Heating:  Yes

Cool System:  CentralAir, Ductless

Heating:  Electric, ForcedAir, NaturalGas

Electric On Property:  ,No,

Water Source:  Private, Well

Waterfront / Water

Waterfront Features:  BeachAccess, BoatRampLiftAccess, Cove, Other, Seawall, LakeFront

Waterfront:  Yes

View:  Channel

View:  Yes

Directions

Horseshoe Bend Pkwy to right on Susan to resort

Courtesy of Keller Williams L.o. Realty 

Featured Lender

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Julz Turley

TLC Lending

573-552-5859
Julz.turley@tlclender.com
https://www.TLCLending.com

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 lakeozarkrealty.com since Thu, Jun 13th 2024)
  • Original Price: $5,500,000
  • Current Price: $4,700,000
  • Price Reduced: $800,000
Date ChangedFromTo
09/23/2024$4,950,000 $4,700,000 Reduced by $250,000
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

Listing Information © 2024; Multiple Listing Service of Lakeof the Ozarks Board of REALTORS® Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part courtesy of the Broker Reciprocity Internet Data Exchange Program of the Multiple Listing Service of Lake of the Ozarks Board of REALTORS® Inc. Real estate listings held by brokerage firms other than Ozark Realty are governed by MLS Rules and Regulations and detailed information about them includes the nameof the listing companies. Information last updated on 10-17-2024 8:10 PM EST .

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