Executive Summary
The Clinton Parkfield 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.
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/
