12015 E State Route 350 - Hospitality FOR SALE


Kansas City, MO 64138- Little Blue Valley
$1,999,999 USD
816-607-1098
12015 E State Route 350, Kansas City, MO for Sale
$1,999,999 USD
Hospitality - FOR SALE
1/13
null | 8% Cap Rate

12015 E State Route 350
Kansas City, MO 64138
Little Blue Valley


OVERVIEW

Great cash flowing property located near Raytown and Lees Summit 75% occupancy annually average with no online marketing currently. Excellent opportunity to boost occupancy and increase revenues. A definite value added opportunity. 21 total rooms but only 19 have been in use as owners occupied two rooms for personal use. Weekly rental rates are $375k 8 are weekly / 11 overnight $225k average gross annual revenue Laundry room (22nd Room ) 2.6 acres total Link to more pictures https://drive.google.com/drive/folders/1MWVMiQvXbotW9PAudCFdZnl1Bce9U1jo

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/SF

$251 USD /SF

# OF ROOMS

22

PRICE/ROOM

$90,909 {currency}

CAP RATE

8%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Frontier Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

c

APN/PARCEL ID

44-930-05-16-01-1-00-000

ASK ABOUT THIS PROPERTY

Stephen FennellTaffyFromTheBlock RealtyMore Info
816-607-1098

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Stephen FennellTaffyFromTheBlock RealtyMore Info
816-607-1098

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