1500 Liberty St, Perryville, MO 63775
Marcus & Millichap's National Hospitality Group, as the exclusive representative of the seller, is pleased to present for sale to qualified investors the Days Inn by Wyndham Perryville. The Wyndham Hotels and Resorts-branded hotel is offered at $1,250,000 or $19,231.
The property sits on 3.03 acres in the center of the "Manufacturing Oasis" coined by Forbes Magazine. In addition, the hotel is near Interstate 55 at 1500 Liberty Street which contributes to the city's regional transport hub for goods and materials which supports over 15,000 vehicles per day.
This two-story, 65-room hotel presents the opportunity to acquire a value-add asset that sits within twenty miles of the region's top manufacturers. By benefitting from its location, a leading economic development authority, a business-friendly environment, and the nearby Mississippi River crossing into Illinois for miles the region is able to cultivate demand generators. Some noted manufactures in the region include Toyoda Gosei, a plastic components manufacturing facility for automobiles, Sabreline, a manufacturer of aviation parts, Glister-Mary Lee, a cake mix and breakfast cereal producer, and Segiun Moreau, a white oak wine barrel manufacturer. In concert, these manufacturers contribute to the city's developed infrastructure.
The seller is currently operating the property out-of-state, absentee. The expenses include provisions for a four percent capital replacement. The hotel is offered fee simple, unencumbered by a management contract or debt.
License(s): MO: 2013016939
Missouri
Marcus & Millichap's National Hospitality Group, as the exclusive representative of the seller, is pleased to present for sale to qualified investors the Days Inn by Wyndham Perryville. The Wyndham Hotels and Resorts-branded hotel is offered at $1,250,000 or $19,231.
The property sits on 3.03 acres in the center of the "Manufacturing Oasis" coined by Forbes Magazine. In addition, the hotel is near Interstate 55 at 1500 Liberty Street which contributes to the city's regional transport hub for goods and materials which supports over 15,000 vehicles per day.
This two-story, 65-room hotel presents the opportunity to acquire a value-add asset that sits within twenty miles of the region's top manufacturers. By benefitting from its location, a leading economic development authority, a business-friendly environment, and the nearby Mississippi River crossing into Illinois for miles the region is able to cultivate demand generators. Some noted manufactures in the region include Toyoda Gosei, a plastic components manufacturing facility for automobiles, Sabreline, a manufacturer of aviation parts, Glister-Mary Lee, a cake mix and breakfast cereal producer, and Segiun Moreau, a white oak wine barrel manufacturer. In concert, these manufacturers contribute to the city's developed infrastructure.
The seller is currently operating the property out-of-state, absentee. The expenses include provisions for a four percent capital replacement. The hotel is offered fee simple, unencumbered by a management contract or debt.
License(s): MO: 2013016939
Missouri