Highlights

• 71 newly remodeled and furnished rooms plus 26 additional down rooms.
• 1st 5 months occupancy for Motel 6 up 330% over prior year
• Owner Financing at 7%

• Leased Bar and Restaurant for $3,000.00 per month
• Will consider trade for with smaller property in Texas or Oklahoma.

Description

This is a Diamond Showcase Property. Newly Opened as Motel 6. OUT OF STATE OWNER FINANCING AVAILABLE WITH $437,500.00 DOWN. Or make Offer. Will take smaller property in trade. 71 room FULL INTERIOR corridor, all brick hotel that was built in approximately 1985 as a Holiday Inn. $480,000.00 PIP is completed. Beautiful curb appeal from the Highway with very good accessibility. Multiple meeting rooms for up to 100 persons for banquet seating. Restaurant and the area's most popular lounge leased for $3,000.00 per month. New $125,000.00 insulated roof. Rooms hard surface knock down and paint. New carpet. New furniture. New bathroom Granite tops and ceramic tile. 6 two-room suites with kitchenettes. Many rooms with 32 inch tv's. Opened May 10th, as Motel 6 with new sign and electronic reader marquee. Besides the 71 new rooms, an additional 26 rooms are approved for expansion to full Motel6 Kitchenette Studios. All new hardware and front desk software system. Nightly room sales growing each night. Our flagging with Motel 6 is the best decision we've ever made.

It is on the primary highway connecting Kansas City with Springfield and Branson Missouri. Clinton is the county seat of Henry County. The Motel6 is about one block from the largest county hospital and is convenient to area lakes and sporting and fishing attractions. The area's industrial park is three blocks away and Downtown Square is one mile away. It is about 2 hours south of Kansas City and about 2 hours north of Branson Missouri and 1 hour north of Springfield. The parking lot has just been resealed and restriped. Owner representative is on site managing construction and PIP and can show the property at Buyer's convenience. 71 rooms includes very nice one bedroom manager apartment.