Highlights

• 72 newly remodeled and furnished rooms plus 25 additional down rooms.
• PIP'd for America Best Value and opened Sept 1, 2009
• Owner Financing at 7%

• Leased Bar and Restaurant for $5,000.00 per month
• Will consider trade for with smaller property in Texas or Oklahoma.

Description

491 out of 500 on first ABVI inspection. OUT OF STATE OWNER. FINANCING AVAILABLE WITH $437,500.00 DOWN. Or will take smaller property in trade. 72 room FULL INTERIOR corridor, all brick hotel that was built in approximately 1985 as a Holiday Inn. It will be "like new" when the current $480,000.00 PIP is completed. Beautiful curb appeal from the Highway with very good accessibility. Currently being renovated for premium Economy Brand. Price includes PIP and completion and ABVI. Multiple meeting rooms for up to 250 persons for banquet seating. Restaurant and the area's most popular lounge leased for $5,000.00 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. Reopened Sep 1, as America's Best Value with new sign and electronic reader marquee. No prior sales figures are available. Besides the 72 new rooms, an additional 26 rooms are empty for expansion. New laundry center being completed behind front desk so laundry can be done by front desk personnel.

It is on the primary highway connecting Kansas City with Springfield and Branson Missouri. Clinton is the county seat of Henry County. The hotel 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. Includes manager apartment.