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267 Runaway Dr
Climax Springs, MO 65324

$4,300,000 USD

Hotel For Sale  •  34,246 SF

Property Details

  • Property Type Hotel
  • Total Building Size 34,246 SF
  • Lot Size 30.86 AC
  • Building Class C
  • Year Built 1980
  • Zoning Commercial
10 Walk Score

Description

Signature Lakefront Resort & Redevelopment Opportunity – 45MM, Lake of the Ozarks

Rare opportunity to acquire one of the largest privately owned waterfront resort properties on the 45MM of the Lake of the Ozarks. Offering more than 30 acres and over 1,000 feet of protected lake frontage, this turn-key resort combines multiple revenue streams with significant expansion potential.

The property features eight remodeled vacation cabins accommodating groups from 5 to 50 guests, 23 nightly RV/campground sites with electric, water and select sewer hookups, long-term rental opportunities, employee housing, an owner's manufactured home, and an on-site manager's home.

Marina amenities include a private boat ramp, 26 covered boat slips, additional transient tie-up docks for restaurant guests, a 10-slip gas dock with dock office, and excellent cove protection that provides easy access throughout the boating season.

Guests enjoy a full-service waterfront restaurant with indoor and outdoor dining, an outdoor stage and dance floor, snack shack, beach area, swim dock, saltwater pool, two hot tubs, and approved space for a future swim-up bar and adults-only pool area.

More than 15 acres remain undeveloped, creating exceptional opportunities for additional RV sites, luxury cabins, glamping accommodations, equestrian camping, walking and riding trails, event venues, or other complementary income-producing amenities.  It can also be developed with new homes or condos.

A Value-Add Opportunity

The financial performance during the current ownership should be viewed in the context of a long-term redevelopment strategy. Over the past six years, ownership focused on restoring and improving the property, renovating accommodations, upgrading infrastructure, and rebuilding the resort's reputation and customer base. Rather than maximizing annual profits, substantial cash flow was intentionally reinvested into the property to increase its long-term value and position it for future growth.

As a result, historical net income does not fully reflect the property's earning potential under a profit-focused ownership model. The next owner will benefit from years of improvements while having the opportunity to optimize operations, expand existing revenue streams, and develop the property's remaining acreage.

Offered at $4,300,000, with a recent independent appraisal supporting a value of approximately $4.1 million, this is an exceptional opportunity to acquire a premier waterfront resort with substantial upside in one of the Midwest's most desirable recreational destinations.

Whether your vision is to expand the resort, increase operational efficiencies, enhance hospitality offerings, or develop the remaining acreage, this property offers the scale, location, and infrastructure to create a truly exceptional destination.

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
Debbie Sue LLC
Runaway II
Sharkbite Bar & Grill

Amenities

  • Restaurant
  • On-Site Bar
  • Outdoor Pool
  • Marina
  • Beach (direct access)
  • Public Access Wifi
  • Hot Tub

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Dave Godde 630-801-9955 Lazy Dayz Resort
Dave Godde 630-801-9955 Lazy Dayz Resort