Hotel-Motel
FairBridge Inn Express Monroe City
3 Gateway Square Dr, Monroe City, MO 63456
Listing Price: $950,000
Investment Overview
As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the FairBridge Inn Express Monroe City (‘Hotel’ or ‘Property’). 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, fitness center, laundry facility, and breakfast area. The Property is projected to exceed $300,000 in room revenues. Focusing on operational efficiency, a new owner can see a significant boost in Hotel performance through additional revenue management strategies. The Hotel is offered fee simple, unencumbered by a management contract and debt.
FairBridge Inn Express Monroe City
Investment Highlights
- Monroe City is situated at the intersection of two major highways US 24 and US 36 and is within driving distance of popular tourist destinations, including Mark Twain Lake, Hannibal, and Quincy, IL.
- Monroe City's thriving economy, with new businesses and industries emerging, could boost demand for accommodations and create a favorable investment climate for a hotel owner.
- Monroe City's tourism industry has been steadily growing, with new attractions and events drawing visitors to the area. This growth presents a significant opportunity for a hotel owner to capitalize.
- Fee-Simple, Unencumbered by Management Contracts or Existing Debt.
- Offered Well Below Replacement Costs.
- Ideal Ideal Investment for Hands on Management / Owner Operator.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $950,000
Investment Highlights
- Monroe City is situated at the intersection of two major highways US 24 and US 36 and is within driving distance of popular tourist destinations, including Mark Twain Lake, Hannibal, and Quincy, IL.
- Monroe City's thriving economy, with new businesses and industries emerging, could boost demand for accommodations and create a favorable investment climate for a hotel owner.
- Monroe City's tourism industry has been steadily growing, with new attractions and events drawing visitors to the area. This growth presents a significant opportunity for a hotel owner to capitalize.
- Fee-Simple, Unencumbered by Management Contracts or Existing Debt.
- Offered Well Below Replacement Costs.
- Ideal Ideal Investment for Hands on Management / Owner Operator.
Investment Overview
As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the FairBridge Inn Express Monroe City (‘Hotel’ or ‘Property’). 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, fitness center, laundry facility, and breakfast area. The Property is projected to exceed $300,000 in room revenues. Focusing on operational efficiency, a new owner can see a significant boost in Hotel performance through additional revenue management strategies. The Hotel is offered fee simple, unencumbered by a management contract and debt.
Exclusively Listed By
Broker of Record
Financing By
