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21945379
21945380

600 US-61, Portageville, MO 63873 For Sale

RQ
MO 2012001776, KS BR00232332 (+2)
NewGen Advisory
JD
AZ SA675144000
NewGen Advisory Phoenix
Listed by NewGen Advisory, NewGen Advisory Phoenix
$395,000
520 days on market
Updated 13 days ago

New Orleans Inn

Details
Property Type Hospitality, Business for Sale
Sub Type Hotel, Motel (+1)
Keys 25
Year Built 1980
Acreage 0.950

PRICED AT 2.2X AVG ROOM REVENUE AND LESS THAN $15/KEY

Marketing description

Located at 600 US-61 in Portageville, Missouri, the New Orleans Inn offers a cozy and accessible lodging option for travelers. The New Orleans Inn - Portageville, MO features 25 well-maintained rooms that provide a comfortable and convenient base for guests visiting the region.

The property is strategically situated near key local attractions, enhancing its appeal to various types of visitors. Just a short drive away, the Discovery Park of America offers an immersive educational experience with interactive exhibits spanning from natural history to futuristic technologies, ideal for families and curious explorers alike. Additionally, the Bootheel Youth Museum, also nearby, provides interactive and educational fun for young guests, making the hotel a favorable choice for family vacations.

The hotel’s proximity to the popular attractions, coupled with its commitment to providing personalized service, ensures a memorable stay for both leisure and business travelers. With its classic architecture and warm atmosphere, the New Orleans Inn stands as a welcoming beacon in Portageville, inviting guests to explore the local culture and history.

Investment highlights

  • 25 units, 2 stories, independent hotel
  • Priced at $15,720/key
  • 2024 room revenue - $151,720.82
  • 2023 room revenue - $198,154.85
  • 2022 room revenue - $212,677.52
  • Manager’s apartment available
  • Financing in place for qualified buyers
  • Absentee managed
  • Motivated seller, bring all offers

Listing Contacts

RQ
MO 2012001776, KS BR00232332 (+2)
NewGen Advisory
JD
AZ SA675144000
NewGen Advisory Phoenix
Listed by NewGen Advisory, NewGen Advisory Phoenix

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Additional Information

Name
Richard Queen
License
2012001776
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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