410 SE 1st St | Oak Grove, MO 64075
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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 | No. Stories | 2 |
Property Subtype | Hotel | Year Built | 1983 |
Building Class | C | Parking Ratio | 3.26/1,000 SF |
Lot Size | 3.00 AC | Corridor | Exterior |
Building Size | 16,264 SF |
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
Parcel Number | 38-720-05-01-00-0-00-000 | Improvements Assessment | $83,488 |
Land Assessment | $105,312 | Total Assessment | $188,800 |
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 |
Learn More About Investing in Hospitality Properties
Listing ID: 24144420
Date on Market: 9/22/2021
Last Updated:
Address: 410 SE 1st St, Oak Grove, MO 64075
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