Super 8 Mound City, MO

109 W 8th St,
Mound, MO 64470

 

$2,750,000
Price
$246,297
NOI
8.96%
Cap Rate
3.87
RRM
43
Total Rooms
$63,953
Price Per Key
$2,750,000
Price
$246,297
NOI
8.96%
Cap Rate
3.87
RRM
43
Total Rooms
$63,953
Price Per Key

Investment Summary

  • Room Capacity: The hotel boasts 43 rooms, providing ample capacity to accommodate a large number of guests.
  • Land Size: The property sits on a sizable plot of 29,185 square feet, providing ample space for potential expansion or additional amenities.
  • Brand Affiliation: As a Super 8 Wyndham property, the hotel benefits from the strong reputation and customer loyalty associated with the Wyndham brand.
  • Location: Located in Mound City, the hotel is strategically positioned near major transportation routes, and close to the Loess Bluffs National Wildlife Refuge, a major tourist attraction.
  • Improving RevPAR: The Revenue per Available Room (RevPAR) in the submarket has been improving at a rate of 5.9% annually. Although it trails the broader market slightly, this indicates an upward trend that potential investors may find attractive.
  • Investment Potential: Given its features and location, the property presents a significant investment opportunity with potential for high returns.
  • Tourist Attraction: The proximity to the Wildlife Refuge brings in nearly 300,000 visitors annually, providing a steady stream of potential customers.

    FOR MORE DETAILS CONTACT
    Dharam Chaudhari
    Principle
    (913) 906-8600
    dharam@reco.realestate