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FairBridge Inn Express, Monroe City 3 Gateway Square Dr 47 Room Hotel Monroe City, MO 63456 $1,175,000 ($25,000/Room)
INVESTMENT HIGHLIGHTS
- Next to Interstate exit.
EXECUTIVE SUMMARY
The FairBridge Inn Express Monroe City is located at 3 Gateway Square Dr, Monroe City, MO, just off US 24 & US 36. The 47-room, two-story building was constructed in 1985 and is situated on a 1.65-acre lot. The Property maintains a variety of common area amenities, including a business center, laundry facility, and breakfast area.
The Property did $335,000 in room revenues and approx. $7500 from gaming machine extra income. Focusing on operational efficiency, a new owner can see a significant boost in Hotel performance through additional revenue management strategies. The Hotel is offered at x3.50 of Revenue.
The Property did $335,000 in room revenues and approx. $7500 from gaming machine extra income. Focusing on operational efficiency, a new owner can see a significant boost in Hotel performance through additional revenue management strategies. The Hotel is offered at x3.50 of Revenue.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,175,000 | Lot Size | 1.60 AC |
| Price Per Room | $25,000 | Building Size | 14,133 SF |
| Sale Type | Investment | No. Rooms | 47 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1985/2019 |
| Property Subtype | Hotel | Parking Ratio | 3.61/1,000 SF |
| Building Class | C | Corridor | Interior |
| Zoning | C - Commercial (NEC) | ||
| Price | $1,175,000 |
| Price Per Room | $25,000 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.60 AC |
| Building Size | 14,133 SF |
| No. Rooms | 47 |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2019 |
| Parking Ratio | 3.61/1,000 SF |
| Corridor | Interior |
| Zoning | C - Commercial (NEC) |
AMENITIES
- Business Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 3 GATEWAY SQUARE DR , MONROE CITY, MO 63456
The FairBridge Inn Express Monroe City is located at 3 Gateway Square Dr, Monroe City, MO, just off US 24 & US 36. The 47-room, two-story building was constructed in 1985 and is situated on a 1.65-acre lot. The Property maintains a variety of common area amenities, including a business center, laundry facility, and breakfast area.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 47 | $77.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 016.03.07.4.02.006.020 | Total Assessment | $112,580 |
| Land Assessment | $6,400 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $106,180 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
016.03.07.4.02.006.020
Land Assessment
$6,400
Improvements Assessment
$106,180
Total Assessment
$112,580
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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FairBridge Inn Express, Monroe City | 3 Gateway Square Dr
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