Hotel-Motel

Days Inn by Wyndham Perryville

1500 Liberty St, Perryville, MO 63775

Listing Price: $1,250,000

Cap Rate
1.93%
Number of Rooms
65
RevPAR
$11
Gross SF
24,086
Price/Room
$19,231
RRM
4.91
Price/Gross SF
$51.90
Year Built
1985

Investment Overview

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.

Investment Highlights

  • 65-Room, Economy Hotel, Absentee Out-of-State Owner
  • Well positioned with excellent visibility off Interstate 55
  • Offered at a significant discount to replacement cost and provides a value-add
  • The hotel is offered fee simple, unencumbered by a management contract or debt

Exclusively Listed By

Broker of Record

  • Bradley Barham

    First Vice President Investments

    License(s): MO: 2013016939

    Missouri

Hotel-Motel

Days Inn by Wyndham Perryville

Listing Price: $1,250,000

Cap Rate
1.93%
Number of Rooms
65
RevPAR
$11
Gross SF
24,086
Price/Room
$19,231
RRM
4.91
Price/Gross SF
$51.90
Year Built
1985

Investment Highlights

  • 65-Room, Economy Hotel, Absentee Out-of-State Owner
  • Well positioned with excellent visibility off Interstate 55
  • Offered at a significant discount to replacement cost and provides a value-add
  • The hotel is offered fee simple, unencumbered by a management contract or debt

Investment Overview

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.

Exclusively Listed By

Broker of Record

  • Bradley Barham

    First Vice President Investments

    License(s): MO: 2013016939

    Missouri

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