GREAT REVENUE, GREAT CASH FLOW WITH NO FRANCHISE COSTS.  The Parkfield Inn-Clinton MO is being offered as part of a two-property portfolio, along with the Parkfield Inn- Warsaw MO.   These hotels are near the KC metro area, and offer attractive revenue and cash flow, without the burden of a franchise.   The hotels are very well maintained and feature a number of newer mechanical systems, including newer metal roofs, and de-humidification systems in the pools.  If you are looking for busy properties near beautiful recreational areas, and only an hour from a major metro area, these deserve your investigation. 

The owner prefers a portfolio sale but will consider individual offers for the Warsaw property, only.  

Executive Summary

GREAT REVENUE, GREAT CASH FLOW WITH NO FRANCHISE COSTS.   Cash flow is what you will find behind the Parkfield Inn name.  The Parkfield Inn Clinton MO is one half of a two-property portfolio, which includes the Parkfield Inn Warsaw, MO.   These two hotels individually and jointly produce very attractive top-line revenue and net income.   One can purchase these hotels, (or the Warsaw hotel individually), and step into management (and cash flow) as is with no changes.   Or, one can make changes without the constraints and burdens of a franchise and franchise mandated improvements.   

The Clinton Parkfield Inn property is being offered as part of a two-property portfolio along the Parkfield Inn Warsaw.  The hotels are only 30 minutes apart.  The owner prefers a portfolio sale but will consider individual offers for the Warsaw property, only.   Clinton is not offered individually.  

This 60 key, interior corridor hotel offers all the attributes of an attractive independent hotel investment.  That is, it features interior corridor, no franchise or related fees, attractive topline revenue and ample cash flow.   Built in 2000, the property has been a consistent performer for its local owners since it was built.  It is located in the more active retail area in Clinton, on Hwy 13, which is a major north-south highway in eastern Missouri and handles traffic from metro KC to the Springfield/Branson areas.

Clinton, MO is the Henry County seat and is located only 1 hour south and east of Metro Kansas City, near Truman Lake and the Lake of the Ozarks areas.  The County population is approximately 22,000,   The area has historically supported a strong hospitality sector, due to its proximity to the Lakes.   Clinton is also known for its healthy business climate, including medical, retail and manufacturing.   A look at the traffic at the Junction of Hwys 13 & 7 give a clear indication of the activity in the area.

Four highways merge to junction in Clinton, Hwys 13, 52, 7 and 18, and collectively all of which carry significant traffic.

Major area employers include:

  • Tracker Marine
  • Walmart
  • Golden Valley Memorial Healthcare
  • Schreiber Foods

Attractions include:

  • Katy Trail State Park
  • Harry S. Truman Lake
  • Downtown Historic Square – Clinton

For additional local information, the link to the Clinton Area Economic Development site is:  https://clintonmo.com/economic-development/

The link to the Parkfield Warsaw executive summary is:  https://www.leisurerealestate.com/property/parkfield-inn-warsaw-mo/

Property Details

Address
506 Kansas Ave, Clinton, MO 64735
Price
$3,900,000 
Rooms
60 
Price Per Key
65,000 
Property Type
Limited service  
Revenue
Call or email for CA 
Website

Hotel Description

  • Great revenue, great cash flow, no franchise cost
  • Built 2000 
  • 12 % cap rate, 21% cash on cash return (based on YE 2022 recast P&L)
  • Only 1 hour from metro KC
  • One owner – first time ever to market
  • Attractive revenue and cash flow
  • Interior corridor with elevator
  • Very attractive & spacious indoor pool and spa
  • 32′ bay depth in a number of suites
  • Many rooms with jetted tubs and kitchenettes
  • Highly rated on 3rd party travel sites, 9 of 10 (Expedia & Booking) and 4.5 (TripAdvisor’s)
  • Offered with the Parkfield Inn Warsaw MO. The owner prefers a portfolio sale but will consider individual offers for the Warsaw property. 

Contact a Broker

Brent Jaynes

13000 W 87th St. Pkwy, Suite 108
Lenexa, KS 66215
Phone: 913-499-4731
Fax: 913-499-4771