This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
39 Songbird Cir
Branson, MO 65616
330+ Units: Looking For Equity Partners · Land For Sale · 22.00 AC
Investment Highlights
- Heart of a growing vacation destination. Directly next door to Silver Dollar City with views of Table Rock Lake.
- Massive 10,250 sqft Clubhouse and overnight rental program in-place to allow for turn-key investment sales.
- 31 Lodge sites are near "build-ready" with much earthwork complete, plus future development land has huge potential.
- Future Development Land with possibility for over 300 additional units with generous PDD zoning.
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 22.00 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 22.00 AC |
Description
The property is in an optimal location: directly next door to Silver Dollar City and minutes down the road from public lake access. Clear Lake has a strong dollar-per-square-foot condo sales record as well as robust rental income from condos after sale. Major infrastructure connections are readily available on or near site, including potable water, sewer infrastructure, road access, and dry-utility access; plus, much of the earthwork is nearly complete. The assets of Clear Lake Investment, LLC are listed as a portfolio consisting of three separate real property segments - each with its own unique value: 1) the 31 Lodge-site land (approx. 10 acres) 2) the 10,250 sqft clubhouse with two pools and various amenities is in place with strong, existing on-site management and a business line known publicly as “Clear Lake Condo Rentals” and referred to internally as the “Nightly Rental Program”, and 3) the remaining raw land for future development where additional multifamily condominium units could be fit on the existing near-finished land, with relatively little site work, and 300+ future units could possibly fit on this land with current entitlements. Proforma 2023 NOI is $350,000 for the Clubhouse (rest of site is sell-out development.) Please contact listing broker for more information.
PROPERTY TAXES
| Parcel Number | 12-9.0-30-000-000-030.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $144 |
PROPERTY TAXES
zoning
| Zoning Code | PDD (similar to a PUD) (New PDD approved in November 2022 is generous - allows for over 240 units of 4-bedroom condo / single family or even more units of hotel or RV pads.) |
| PDD (similar to a PUD) (New PDD approved in November 2022 is generous - allows for over 240 units of 4-bedroom condo / single family or even more units of hotel or RV pads.) |
