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- LoopNet Team
4021 Frederick Ave
Saint Joseph, MO 64506
Motel 6 St Joseph, MO · Hospitality Property For Sale
·
42,000 SF
Investment Highlights
- Offered below replacement cost - Strong Cash Flow
- Strong performing hotel in 2020 during Covid-19 Pandemic
- Owner Absentee Operation. Ideal for owner operators
- 2021 Revenue is ramping up strongly and is on track to do $1.9 million.
- High Cap Rate and ROI
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1981/2012 |
| Building Class | C | Parking Ratio | 3.6/1,000 SF |
| Lot Size | 3.94 AC | Corridor | Exterior |
| Building Size | 42,000 SF | ||
| Zoning | City - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.94 AC |
| Building Size | 42,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1981/2012 |
| Parking Ratio | 3.6/1,000 SF |
| Corridor | Exterior |
| Zoning | City - Commercial |
Amenities
- High Speed Internet Access
- Public Access Wifi
About 4021 FREDERICK AVE , SAINT JOSEPH, MO 64506
The Motel 6 St. Joseph is exclusively listed with Tabani Realty. The hotel was built in 1981 and most recently remolded in 2017. The property has 117 non-smoking guestrooms with exterior corridors. There are 2 buildings total regarding the total property with one building measuring 16,000 SF and the other 26,000 SF, totaling 42,00 overall. The buildings are on 3.94 acres that is also included in the sale. The Motel 6 offers complimentary coffee and tea in the lobby and has a 24-hr front desk. For guest convenience. there is self-serve laundry, vending machines, free Wifi, free cable, and free parking. The hotel is also pet-friendly and has a seasonal outdoor pool. There are 49 restaurants within a mile of the hotel, giving guests many options to choose from. The hotel is also near local attractions such as the Glore Psychiatric Museum, the Red Barn Yarn Farm, the Heaton-Bowman-Smith Funeral Museum, the Pony Express Museum, Jesse James Home Museum, and the Amelia Earhart Home.
Property Taxes
| Parcel Number | 06-1.0-02-004-002-008.000 | Improvements Assessment | $460,410 |
| Land Assessment | $109,840 | Total Assessment | $570,250 |
Property Taxes
