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Hotel-Motel

Americas Best Value Inn Kennett

110 Independence Ave, Kennett, MO 63857

Listing Price: $1,600,000

Cap Rate
11.37%
Number of Rooms
49
RevPAR
$26
Gross SF
25,000
Price/Room
$32,653
Price/Gross SF
$64.00
Year Built
1987

Investment Overview

Marcus & Millichap is pleased to offer a fee simple interest in the 49-unit, Americas Best Value Inn, located in Kennett, Missouri. The subjected property is located on 2.3-acres of land and features two floors of well maintained guest rooms. Common area amenities include complimentary continental breakfast, outdoor seasonal swimming pool, free on-site parking, and a 24-hour front desk. Each guest room is equipped with free Wi-Fi, TV with cable channels, microwave, refrigerator, in-room coffee & tea maker, iron & ironing board, and hairdryer. Kennett is located in south eastern corner of Missouri with close proximity to all regional demand generators. Visitors can easily travel to neighboring states, including Arkansas, 4 miles away, Tennessee, 25 miles away, and Kentucky, 67 miles away. The subject property is conveniently located within walking distance to many retail and restaurant options. Nearby demand generators include the Dunklin County Museum, Kennett Country Club, Kennett Bowling Lanes, Sheryl Crow Aquatic Center, and Kennett Palace Theater. For traveling to the area the Arkansas International Airport is located 25.5 miles away and offers daily flights from major airlines including Delta, American, and United Airlines.

Investment Highlights

  • Fee simple interest in the 49-unit, Americas Best Value Inn, located in Kennett, Missouri
  • Close proximity to Arkansas (4 mi), Tennessee (25 mi), & Kentucky (67 mi)
  • Multiple restaruant & retail options nearby
  • Arkansas International Airport, 25.5 miles away, provided service to more than 850,000 passengers in 2021

Exclusively Listed By

Broker of Record

  • David Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Hotel-Motel

Americas Best Value Inn Kennett

Listing Price: $1,600,000

Cap Rate
11.37%
Number of Rooms
49
RevPAR
$26
Gross SF
25,000
Price/Room
$32,653
Price/Gross SF
$64.00
Year Built
1987

Investment Highlights

  • Fee simple interest in the 49-unit, Americas Best Value Inn, located in Kennett, Missouri
  • Close proximity to Arkansas (4 mi), Tennessee (25 mi), & Kentucky (67 mi)
  • Multiple restaruant & retail options nearby
  • Arkansas International Airport, 25.5 miles away, provided service to more than 850,000 passengers in 2021

Investment Overview

Marcus & Millichap is pleased to offer a fee simple interest in the 49-unit, Americas Best Value Inn, located in Kennett, Missouri. The subjected property is located on 2.3-acres of land and features two floors of well maintained guest rooms. Common area amenities include complimentary continental breakfast, outdoor seasonal swimming pool, free on-site parking, and a 24-hour front desk. Each guest room is equipped with free Wi-Fi, TV with cable channels, microwave, refrigerator, in-room coffee & tea maker, iron & ironing board, and hairdryer. Kennett is located in south eastern corner of Missouri with close proximity to all regional demand generators. Visitors can easily travel to neighboring states, including Arkansas, 4 miles away, Tennessee, 25 miles away, and Kentucky, 67 miles away. The subject property is conveniently located within walking distance to many retail and restaurant options. Nearby demand generators include the Dunklin County Museum, Kennett Country Club, Kennett Bowling Lanes, Sheryl Crow Aquatic Center, and Kennett Palace Theater. For traveling to the area the Arkansas International Airport is located 25.5 miles away and offers daily flights from major airlines including Delta, American, and United Airlines.

Exclusively Listed By

Broker of Record

  • David Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

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