220 S Interstate Dr - Hospitality FOR SALE


Sikeston, MO 63801
$3,500,000 USD
661-910-8003
220 S Interstate Dr, Sikeston, MO for Sale
$3,500,000 USD
Hospitality - FOR SALE
1/13
null | 7.81% Cap Rate

220 S Interstate Dr
Sikeston, MO 63801


HIGHLIGHTS

  • Recent capital improvements include a new roof (2024) and interior updates such as new flooring and paint
  • Unique long-term upside, including potential expansion (RV park or additional development)
  • USDA Financing Eligible Market - With downpayment as low as 15% down & 30 YR Amortization

OVERVIEW

NOI is HIGHER at $278,094 than the auto-calculated NOI above***

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$87 USD /SF

# OF ROOMS

60

PRICE/ROOM

$58,333 {currency}

CAP RATE

7.81%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn & Suites Sikeston

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1989

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10 AC

LAND SF

435,600 SF

ZONING

C

APN/PARCEL ID

18-5.0-22.00-002-001-001.10

ASK ABOUT THIS PROPERTY

Corina PalekarHotel Brokers of AmericaMore Info
661-910-8003

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Corina PalekarHotel Brokers of AmericaMore Info
661-910-8003

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