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2745 N Glenstone Ave
Springfield, MO 65803
Quality Inn & Suites North · Hospitality Property For Sale · 41,600 SF

INVESTMENT HIGHLIGHTS

  • 6.2% cap rate at list price per 2023 Revenues; Sits at 40% of STR Compset average in RevPAR; Major opportunity to correct operations and add value.
  • Minutes from many major local attractions and nationally recognized company headquarters; Only 10 miles from Springfield National Airport.
  • Supreme location in a high traffic area of Springfield, MO.
  • 102-Unit hotel priced at $38,725 Per Key
  • Trailing 12 revenues are trending upward.
  • Primary Interior Corridor; Partial Exterior Corridor Property.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.48 AC
Building Size 41,600 SF
No. Stories 3
Year Built 1978
Tenancy Single
Parking Ratio 2.62/1,000 SF
Corridor Interior
Zoning INC - Intended for commercial uses along or at the intersections of arterial classification streets or along frontage roads adjacent to the interstate.

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi

PROPERTY TAXES

  • Listing ID: 31521497

  • Date on Market: 4/16/2024

  • Last Updated:

  • Address: 2745 N Glenstone Ave, Springfield, MO 65803