3 Gateway Square Dr - Hospitality FOR SALE


Monroe City, MO 63456
$1,175,000 USD
630-290-5394
3 Gateway Square Dr, Monroe City, MO for Sale
$1,175,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

3 Gateway Square Dr
Monroe City, MO 63456


HIGHLIGHTS

  • Next to Interstate exit.

OVERVIEW

The FairBridge Inn Express Monroe City is located at 3 Gateway Square Dr, Monroe City, MO, just off US 24 & US 36. The 47-room, two-story building was constructed in 1985 and is situated on a 1.65-acre lot. The Property maintains a variety of common area amenities, including a business center, laundry facility, and breakfast area. The Property did $335,000 in room revenues and approx. $7500 from gaming machine extra income. Focusing on operational efficiency, a new owner can see a significant boost in Hotel performance through additional revenue management strategies. The Hotel is offered at x3.50 of Revenue.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$83 USD /SF

# OF ROOMS

47

PRICE/ROOM

$25,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FairBridge Inn Express, Monroe City

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1985

PARKING SPACES

51

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

C

APN/PARCEL ID

016.03.07.4.02.006.020

ASK ABOUT THIS PROPERTY

Prakaschandra PatelDada Bhagwan, Inc.More Info
630-290-5394

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Prakaschandra PatelDada Bhagwan, Inc.More Info
630-290-5394

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