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3 Gateway Square Dr
Monroe City, MO 63456
FairBridge Inn Express, Monroe City · Hospitality Property For Sale · 14,133 SF
Investment Highlights
- Fee-Simple, Unencumbered by Management Contracts or Existing Debt.
- Ideal Ideal Investment for Hands on Management / Owner Operator.
- Offered Well Below Replacement Costs.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1985/2019 |
| Building Class | B | Parking Ratio | 3.61/1,000 SF |
| Lot Size | 1.60 AC | Corridor | Interior |
| Building Size | 14,133 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.60 AC |
| Building Size | 14,133 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2019 |
| Parking Ratio | 3.61/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
About 3 Gateway Square Dr , Monroe City, MO 63456
As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the FairBridge Inn Express Monroe City (‘Hotel’ or ‘Property’). The FairBridge Inn Express Monroe City is located at 3 Gateway Square Dr, Monroe City, MO, just off US 24 & US 36. The 47-room, two-story building was constructed in 1985 and is situated on a 1.65-acre lot. The Property maintains a variety of common area amenities, including a business center, fitness center, laundry facility, and breakfast area. The Property is projected to exceed $300,000 in room revenues. Focusing on operational efficiency, a new owner can see a significant boost in Hotel performance through additional revenue management strategies. The Hotel is offered fee simple, unencumbered by a management contract and debt.
PROPERTY TAXES
| Parcel Number | 016.03.07.4.02.006.020 | Improvements Assessment | $151,147 |
| Land Assessment | $9,110 | Total Assessment | $160,258 |
PROPERTY TAXES
zoning
| Zoning Code | C (Commercial (NEC)) |
| C (Commercial (NEC)) |
