Location: 3501 W. Broadway
Price: $3,200,000
Rooms: 116
Price Per Key: $27,586
Property Type: Full Service w/leased restaurant/lounge
Revenue: $1,000,064

Description

MANY RECENT RENOVATIONS INCLUDING:

 

• Newer Metal Roof Newer Wall Finish – Guest Rooms
• New Phone System Newer Soft Goods
• New Beds – SERTA New Double Pane Windows
• Resurfaced Front Parking 27” TV’s
• 2 Suites (Whirlpool) New Lock Sets
• Newer Exterior Doors
• Newer Security/Camera System
• Newer Digital Telephone System (Mitel SR-208)
• Large 2 Bedroom Living Quarters
• Tile Baths/Cultured Marble Surrounds
• New Airlock Entry
• Mini Fridge/Microwave all Rooms

Overview

This Ramada Inn definitely shows its owner’s efforts of continued renovation and upgrades. And, the revenue trend has been a reflection of his efforts. Located on the west side of Sedalia, the immediate area is experiencing a significant amount of new development. Sedalia is a town of approximately 20,000 and claims a number of attractions that support the lodging industry. These local attractions include the annual Missouri State Fair, State Fair Community College, Whiteman AFB (B-2 Stealth Bomber Squadron). In addition to the foregoing, Sedalia offers a close proximity to Truman Lake and to the Lake of the Ozarks, the state's most popular lake.

With its proximity to the lakes and Jefferson City, the area appears to be on the brink of new growth. Sedalia is a nice place to live and this hotel is one of the nicer Ramadas we have listed for sale.

Contact

Brent A. Jaynes ~ 913-894-5252
info@leisurerealestate.com

Additonal Information

Contact Listing Broker for More Details