AXL brand was MIC low cost clone guitars and amps. The Badwater series was assembled in the US and was their distressed, factory relic line.
From what I could find, I think this guitar originally listed for $325 back around 2011-ish.
Got it from a local CL listing for $200.
Found this description:
AXL AE-820 Badwater Semi-Hollowbody Electric Guitar .... The “distressed“ look was done very well for a guitar at this price point. The guitar has good tone. The EMG designed pickups deliver plenty of power and tone. Guitar Player Magazine rates the AXL Badwater Semi-hollow guitars highly and recommended this model in a past issue.The AE-820 is built with a set rock maple neck, 2 EMG-designed Alnico humbuckers and a maple semi-hollow body. The guitar's rosewood fretboard helps give it a warm, thick tone. The scale length is a traditional 24 3/4“ for vintage punch. Each Badwater guitar body has been distressed individually by the AXL workshop, so no two are alike. The Badwater Semi-Hollowbody comes with carefully distressed pickguard, tone and volume knobs, and anodized tuning machines, bridge assembly and strap button.