1101 Country Club DrKirksville, MO 63501

Property Details for 1101 Country Club Dr

Year built

1986

Lot size

1.24 AC

Property size (Sq ft)

21,750 SF

Property type

Hotels

Property subtype

Motels

APN

13-05.0-15-003-01-03.000

APU

13050150030103000

Description

This exceptional investment opportunity presents a 61-room Super 8 motel in Kirksville, Missouri. Located at 1101 Country Club Dr, this established property sits on a 1.25-acre lot and encompasses 23,181 square feet. Built in 1986, the hotel benefits from an R-4 zoning designation, offering versatility and potential for future development. The property's strategic location within a 5-mile radius of a population of 19,713, boasting an average household income of $73,110, ensures a strong potential customer base. The asking price is $2,599,999, translating to a price per key of $42,623 and a price per square foot of $112.16. This represents a compelling investment with significant growth potential in a thriving market. Detailed financial information is available upon request. This turnkey operation is ready for a new owner to capitalize on its established success and strong market position. The property's size and location make it an ideal acquisition for experienced hospitality investors seeking a profitable addition to their portfolio or for those looking to enter the market with a well-established asset. Don't miss this chance to own a piece of Kirksville's hospitality landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $4,630,784

  6.5%

  $4,274,570

  7%

  $3,969,244

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,984,730

  Geo Method

  $3,984,730

• Alternative Use

  Use

  Valuation

  Residential

  $4,666,589

  Hospitality

  $4,274,570

  Educational

  $3,556,392

  Medical

  $3,678,702

  Retail

  $5,532,166

Location Insight

City

Kirksville

County

Adair

State

Missouri

Latitude

40.1713

Longitude

-92.5714

CBSA code

28860

CBSA name

KIRKSVILLE, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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