Americas Best Value Inn | Nevada, MO

2345 E Marvel Rd,
Nevada, MO 64772

 

$2,100,000
Offering Price
$261,264
NOI
12.44%
Cap Rate
4.19
RRM
48
Total Rooms
$43,750
Price Per Key
$2,100,000
Offering Price
$261,264
NOI
12.44%
Cap Rate
4.19
RRM
48
Total Rooms
$43,750
Price Per Key

INVESTMENT SUMMARY

  • Fee-simple interest: Acquire the 48-room Americas Best Value Inn and Suites in Nevada, Missouri, with a straightforward ownership structure.
  • Attractive pricing: The hotel is offered at a substantial discount to replacement cost, providing a promising investment opportunity.
  • Strong RevPAR growth: Missouri South Central Area hotel submarket has seen a 11.9% increase in twelve-month average RevPAR, indicating a healthy market.
  • Low franchise fee: Americas Best Value Inn and Suites offers a very low franchise fee, allowing for reduced operational costs and higher profitability.
  • Commercial traffic appeal: The hotel's location near Interstate 49 with a traffic volume of over 7,000, primarily truck and commercial travelers, ensures repeat business.

INVESTMENT SUMMARY

  • Strategic location: Situated just off the exit of Interstate 49, the hotel offers easy access to travelers and maximizes visibility.
  • Year built: This two-story interior-corridor hotel, built in 1991, offers a solid foundation for potential investors.
  • Amenities: The property features an outdoor pool and meeting space, enhancing its appeal to guests.
  • Proximity to attractions: The hotel is located within a 2-mile radius of popular attractions such as Nevada Speedway, Bushwhacker Museum, and Fox Playhouse, driving guest interest and occupancy.
  • Positive market trends: The Missouri South Central Area hotel submarket has experienced impressive growth, suggesting a promising outlook for the property.
FOR MORE DETAILS CONTACT
Dharam Chaudhari
Principle
(913) 906-8600
dharam@reco.realestate