2125 Elm StLebanon, MO 65536

  • Motels
  • 13,716 SF
For Sale
$1,100,000 View listing

Property Details for 2125 Elm St

Year built
1984
Construction
WOOD
Lot size
1.30 AC
Property size (Sq ft)
13,716 SF
Property type
Motels
APN
13-5.0-22-004-001-003.002
APU
135022004001003002

Description

This exceptional 13,920 square foot motel presents a lucrative investment opportunity in Lebanon, Missouri. Strategically located off Interstate 44, this established property benefits from high visibility and easy access to major transportation routes, attracting a steady stream of travelers. The 1.3-acre lot provides ample space for potential expansion or future development. The motel itself boasts a range of well-maintained guest rooms, designed for both comfort and functionality, ensuring a positive guest experience. Amenities include complimentary breakfast and Wi-Fi, enhancing guest satisfaction and contributing to positive online reviews. The property's history of providing excellent service has cultivated a loyal customer base, ensuring consistent occupancy and revenue generation. This turnkey operation offers immediate income potential and significant upside for a discerning investor seeking a foothold in the thriving hospitality sector. The property's prime location and established reputation make it an ideal acquisition for those looking to capitalize on the growing demand for lodging in the Lebanon area. This is a rare opportunity to acquire a well-established and profitable motel with significant growth potential. The property's strong performance history and excellent location make it a compelling investment proposition. The asking price is $999,999.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,276,796
    6.5%
    $3,024,735
    7%
    $2,808,682
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,512,854
    Geo Method
    $2,512,854
  • Alternative Use

    Use
    Valuation
    Residential
    $3,302,132
    Hospitality
    $3,024,735
    Educational
    $2,516,544
    Medical
    $2,603,092
    Retail
    $3,914,624

Location Insight

City
Lebanon
County
Laclede
State
Missouri
Latitude
37.6469
Longitude
-92.6706
CBSA code
30060
CBSA name
LEBANON, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,515
-
-
$141,340
-
$54,400
$387,300
$441,700

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