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- LoopNet Team
110 Independence Ave
Kennett, MO 63857
Econo Lodge Kennett · Hospitality Property For Sale · 19,766 SF
Investment Highlights
- Fee simple interest in the 49-unit, Americas Best Value Inn, located in Kennett, Missouri
- Subject property has consistently generated an NOI margin between $40%-45%
- Multiple restaurant & retail options nearby
- Close proximity to Arkansas (4 mi), Tennessee (25 mi), & Kentucky (67 mi)
- Recently renovated in 2020 and well maintained | Offered with minimal improvements expected for a new owner
- Arkansas International Airport, 25.5 miles away, provided service to more than 850,000 passengers in 2021
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1987/2020 |
| Building Class | C | Parking Ratio | 2.53/1,000 SF |
| Lot Size | 2.30 AC | Corridor | Exterior |
| Building Size | 19,766 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.30 AC |
| Building Size | 19,766 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1987/2020 |
| Parking Ratio | 2.53/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
About 110 Independence Ave , Kennett, MO 63857
Marcus & Millichap is pleased to offer a fee simple interest in the 49-unit, Americas Best Value Inn, located in Kennett, Missouri. The subject property is located on 2.3-acres of land and features two floors of well-maintained guest rooms. Common area amenities include a complimentary continental breakfast, an outdoor seasonal swimming pool, free on-site parking, and a 24-hour front desk. Each guest room is equipped with free Wi-Fi, a TV with cable channels, a microwave, a refrigerator, in-room coffee & tea maker, an iron & ironing board, and a hairdryer.
PROPERTY TAXES
| Parcel Number | 12-09.0-31-003-17-001.001.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $405,467 |
PROPERTY TAXES
