Marcus & Millichap Arranges the Sale of a 69-Room Hospitality Property in Osage Beach, Missouri

OSAGE BEACH, MISSOURI, August 12, 2022 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Days Inn Osage Beach Lake of the Ozarks, a 69-room hospitality property located in Osage Beach, Missouri, according to Dave Saverin, regional manager of the firm's St. Louis office. The asset sold for $2,825,000.

Andy Howren and Alexandre Duong, investment specialists in Marcus & Millichap's St. Louis and Cleveland offices, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a partnership, was secured and represented by Alexandre Duong and Andy Howren.

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About Marcus & Millichap (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2021, the company had 1,994 investment sales and financing professionals in 82 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 13,255 transactions in 2021, with a sales volume of approximately $84.4 billion. For additional information, please visit www.MarcusMillichap.com.