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OZARK OUTDOOR LN Leasburg MO 65441

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Details
Property Type Multifamily
Sub Type Apartment Building, RV Park (+1)
Days on Market ******
Latitude 38.0585
Longitude -91.2138

Property History

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Property Type
Property Type
Multifamily
Property Subtype
Apartment Building, RV Park, Student Housing
Marketing Description

Colliers Manufactured Housing & RV Group is pleased to present the opportunity to acquire the Ozarks Outdoors a destination resort consisting of 535 sites across ±348 acres, with water access and direct river frontage along Meramec River. The property consist of RV, Cabin and Tent sites as well as river floating operation located in Leasburg, Missouri.

The asking price for the resort is $23,400,000 ($43,700/site) ($67,200/acre).

This represents an 11.6% cap rate on year 1.

Tucked into a lush valley amidst rolling Missouri hills, 7 miles off of I-44, in Leasburg Missouri. Since 1960, Ozark Outdoors has been serving families, friends, and groups of people who want to gather so they can relax, relate, refresh, and reconnect.

Join email list and provide investment criteria: https://lnkd.in/g9xC5k-a

Colliers Manufactured Housing & RV Group LinkedIn Page:
https://www.linkedin.com/company/35565066

Other opportunities:
https://www.crexi.com/profile/mike-nissley-mikeni

MH Park Groups:
https://www.facebook.com/groups/1971542136217030
https://www.linkedin.com/groups/12180353

RV Park Groups:
https://www.facebook.com/groups/2040575082699586
https://www.linkedin.com/groups/12180303

Investment Highlights
  • Institutional scale property with 535 sites, high-quality amenities, growth potential and yet-to-be implemented synergies.

  • The resort features hundreds of feet of river frontage along the Meramec River near the St. Louis MSA.

  • Well located with a high-quality infrastructure in place, including a thriving river rafting operation floating over 2,000 guests weekly, a 7,000 SF clubhouse with Meramec Mercantile store, restaurant & bar, floating tree tops aerial course and more.

  • There is an opportunity to purchase another resort property 20 minutes away to create a larger portfolio from the same seller for a total of 781 sites and 568 acres.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
MN
Michael Nissley PRO
•••.•••.1588
••••.•••sley@••••••••.com
Brokerage logo
Listing removed on
 BY:
RK
Richard Knapp
•••.•••.7910
•••••••.•napp@••••••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Steelville, MO.
Steelville, MO median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Steelville, MO (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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