3400 NW Jefferson St - Hospitality FOR SALE
Blue Springs, MO 64015 |
3400 NW Jefferson St
Blue Springs, MO 64015
HIGHLIGHTS
- In-Place Cash Flow: The hotel is currently operating with positive net operating income, providing immediate yield for a new owner.
- Attractive Basis: Offered at $23,333 per key, this asset trades at a substantial discount to replacement cost in today’s high-construction-cost market
- Efficient Scale: With 90 rooms, the hotel is well-suited for either hands-on ownership or third-party management.
- Purchased with 50 active rooms and 40 offline; owner renovated and brought total to 90 rooms.
- Market Strength: Kansas City benefits from diverse demand drivers including defense, healthcare, and a rebounding regional travel market.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Economy Hotel - Kansas City
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
33296
STORIES
3
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1970
PARKING SPACES
115
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
GB, Blue Springs
APN/PARCEL ID
35-510-05-13-00-0-00-000,35-510-05-15-00-0-00-000
