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This Hospitality Property is no longer advertised on LoopNet.com.

410 SE 1st St
Oak Grove, MO 64075

Econo Lodge Oak Grove Blue Springs · Hospitality Property For Sale · 16,264 SF

Investment Highlights

  • 2021 Revenues Surpassing 2019
  • Approximately $450,000 In Exterior and Interior Renovations
  • Less Than 30 Minutes From Downtown Kansas City

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.00 AC
Building Size 16,264 SF
No. Stories 2
Year Built 1983
Parking Ratio 3.26/1,000 SF
Corridor Exterior

Amenities

  • Business Center

About 410 SE 1st St , Oak Grove, MO 64075

The Econo Lodge Oak Grove completed approximately $450,000 in exterior and interior renovations. The hotel is on trend to exceed 2019 revenues in 2021 to $534,000. The Econo Lodge Oak Grove is well positioned to increase market share with its interior room renovations comparable to midscale brands and attractive exterior curb appeal. The hotel is expected to fully stabilize at over $615,000 in room revenues and NOI of over $250,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38-720-05-01-00-0-00-000
Land Assessment
$105,312
Improvements Assessment
$83,488
Total Assessment
$188,800

zoning

Zoning Code c
c
  • Listing ID: 24144420

  • Date on Market: 9/22/2021

  • Last Updated:

  • Address: 410 SE 1st St, Oak Grove, MO 64075

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