110 Independence Ave - Hospitality FOR SALE


Kennett, MO 63857
$1,750,000 USD
417-865-2520
110 Independence Ave, Kennett, MO for Sale
$1,750,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

110 Independence Ave
Kennett, MO 63857


OVERVIEW

TURN-KEY ECONO LODGE WITH LIVING QTRS (KENMO-SS9719) 49-unit Econo Lodge with $500K conversion PIP completed in 2025. This property features a guest laundry, meeting space and outdoor pool plus 3-BR living quarters. Located just off US highway in the area’s primary commercial and service center. This asset is well priced around 3x gross for a like-new asset and far below replacement cost. Listed at $1,750,000 (SS9719)

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$89 USD /SF

# OF ROOMS

49

PRICE/ROOM

$35,714 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Econo Lodge Kennett

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1987

PARKING SPACES

72

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

-

APN/PARCEL ID

12-09.0-31-003-17-001.001.000

ASK ABOUT THIS PROPERTY

Frank SmithSoutheast International Hotel BrokersMore Info
417-865-2520

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Frank SmithSoutheast International Hotel BrokersMore Info
417-865-2520

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