1017 Highway K - Hospitality FOR SALE


Bonne Terre, MO 63628
$1,200,000 USD
818-851-3315
1017 Highway K, Bonne Terre, MO for Sale
$1,200,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

1017 Highway K
Bonne Terre, MO 63628


HIGHLIGHTS

  • 28 Rooms, On-Site Manager's Apartment
  • Turnkey: Fully Renovated to Latest Motel 6 Design Standard (Gemini)
  • Growing Revenue After Renovation, Well-Positioned for New Ownership
  • Highly Profitable: 2025 Net Income $150,000 (12% CAP rate)
  • Priced Just Over 3X Revenue
  • Ideal Investment Opportunity for an Owner-Operator One Hour from St. Louis, MO

OVERVIEW

The Motel 6 in Bonne Terre is a 28 room hotel located 1 hour from St. Louis, MO. It is an attractive investment opportunity for an owner-operator who can step into a highly profitable, completely renovated property, with strong in-place revenue and opportunity for continued growth. The hotel was previously operated as an independent hotel. Ownership branded the property with Motel 6 and fully renovated the hotel to the latest Motel 6 design standard (Gemini) saving substantial cost to new ownership. With renovations now completed revenue at the hotel is growing and the business is well-positioned for new ownership to continue developing this growing business. With 28 rooms, the hotel is a manageable-sized operation for an owner-operator with minimal staffing needs. The hotel includes a manager's apartment allowing for efficient onsite management. The business generates a strong profit. Motel 6 is a well-regarded economy brand with low overhead costs. Bonne Terre is a small town located approximately 1-hour south of St. Louis. The business benefits from a mix of customers including industrial workers from neighboring cement factories, railroad workers, State Park workers at nearby St. Francois State Park, hunting tourism, visitors to St. Francois County Jail, and local church groups. Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$102 USD /SF

# OF ROOMS

28

PRICE/ROOM

$42,857 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel 6 Bonne Terre

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

C-1

APN/PARCEL ID

07-60-13-01-011-0003.00

ASK ABOUT THIS PROPERTY

Oliver CooperAmber Hotel CompanyMore Info
818-851-3315

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Oliver CooperAmber Hotel CompanyMore Info
818-851-3315

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.