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Days Inn - Lebanon, Missouri

Motivated Seller

Property Summary

Location 2071 W. Elm Street
Lebanon, Missouri
Price $1,200,000
Rooms 77
Price Per Key $15,584
Property Type Limited Service with Leased on-site Lounge
Revenue $447,000 (2009 Total Rev)

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Executive Summary

The Days Inn is an exterior corridor property located on heavily traveled I-44 in Lebanon, MO. The hotel has excellent interstate visibility in an area with strong local and regional demand generators. Lake of the Ozarks, Ft. Leonard Wood, Bennett Springs State Park and Fantastic Caverns are all within a short drive of the hotel.  I-44 also delivers a significant amount of transient travelers looking for affordable lodging with a recognizable flag.

The hotel features a total of 77 rooms and has the new PMS system and the new Days Inn exterior signage package.  50% of the guestrooms have received new carpet and all of the guest bathrooms have been re-tiled.  The hotel has a large living quarters for an owner/operator.

The hotel has an on-site lounge, “Becky’s,” which is the only bar/lounge that is allowed within the city limits of Lebanon, MO (city ordinance).  The owner has leased the lounge out to an experienced food and beverage owner for $4000/month.

With the attractive price per key and strong interstate location, the hotel is well suited for an owner/operator who recognizes the potential for increased revenues resulting from the ability to attract contract business within a market featuring multiple demand generators.

MOTIVATED SELLERS!!

Additional Photos


Hotel Description

    

 

  • Onsite Lounge
  • Outdoor Seasonal Heated Pool
  • 2 Story
  • Exterior Corridor                                    
  • Keyless Entry                                                   
  • Individual HVAC
  • HSIA                                                                
  • 25” TV’s
  • New carpet in 50% of guestrooms
  • NEW PMS system
  • NEW Days Inn exterior signage package
  • Guest Laundry  
  • Large Living Quarters         

Contact Leisure Real Estate

Dave Jones
913-499-4725
djones@leisurerealestate.com
Brent Jaynes
913-894-5252
bjaynes@leisurerealestate.com
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