$105,000 Price Reduction!
Now Offered at less than $40,000/room!
If you are looking for increasing revenue with no affect from Covid and strong cash flow, this Econo Lodge in Anderson, Missouri deserves your attention. This well constructed property has 50 guestrooms and opened in 2009. The hotel is very well maintained, exceeds the STR compset RevPAR and achieves solid online reviews. The property features newer beds and flooring in the guestrooms, new roof with impact resistant shingles, and new window screens. All rooms include flat panel TV’s, microwave and a mini fridge. There is also a salt water indoor pool for guests to enjoy.
The hotel is located directly off I-49, which runs from Kansas City to southern Arkansas. Joplin, MO is 40 miles to the north, Bentonville, Arkansas (Wal-Mart headquarters) is 30 miles to the south and Fayetteville, AR (University of Arkansas) is less than an hour south. As of October 1, 2021, the I-49 Missouri-Arkansas Connector (I-49 By-Pass) was completed. This will increase I-49 traffic significantly and provide more revenue opportunity for the property (please see fact sheet from MoDOT in marketing materials). Anderson is near several expansive green areas, including the Huckleberry Ridge Conservation Area, Big Sugar Creek State Park and the Elk River (popular for both rafting and kayaking). Area employers that draw traffic to the hotel include Tyson Foods, Simmons Food Processing and Kansas City Railroad.
If you are interested in a franchised hotel with growing revenue and strong cash flow, please investigate further.