110 INDEPENDENCE AVE Kennett MO 63857-2501

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Econo Lodge Kennett at 110 Independence Avenue, Kennett, MO 63857 presents a compelling opportunity to acquire a recently upgraded, cash-flowing, branded hospitality asset in Missouri’s Bootheel region. This 49-room, two-story Choice Hotels franchise sits on approximately 2.30 acres at the high-visibility intersection of U.S. Highway 412 and Route 25, benefiting from strong regional drive-by traffic and convenient access to major local demand generators. Renovated in 2023 with more than $250,000 in improvements, the property offers a turnkey investment with updated guestrooms, refreshed common areas, brand-compliant signage, and enhanced operational efficiency. Amenities include a seasonal outdoor pool, breakfast nook, guest laundry, free parking, pet-friendly accommodations, and a welcoming lobby. Serving business, medical, contractor, and leisure travelers, the hotel is located near Kennett Memorial Hospital, Walmart, schools, industrial employers, and outdoor recreation. Backed by steady operating performance, national brand recognition, and upside through continued revenue optimization, this offering stands out as an ideal owner-operator or investment play. Seller financing and SBA financing availability further enhance the appeal.!

• Non-Contingent
• Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
• Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
• $10,000 Participation Deposit
• Close of Escrow: 8/18/2026

110 Independence Ave, Kennett, MO 63857

MO Auctioneer: Auction Company License: Crexi, MO 202610196

• 49-room exterior corridor hotel under the Choice Hotels Econo Lodge franchise.
• Comprehensive $250K renovation in 2023 – turnkey condition, no deferred maintenance.​
• Durable concrete block construction with low operating overhead.
• Prime location at U.S. Route 412 & Highway 25 – high visibility and access to regional markets.
• Proximity to key employers: Kennett Memorial Hospital, Walmart, and Dunklin County Industrial Park.
• Consistent demand from contractors, healthcare visitors, and local travelers.
• Energy-efficient systems and updated FF&E across guestrooms and public areas.
• Operational efficiency ideal for owner-operators seeking hands-on management and stable returns.
• Enhanced Enterprise Zone location supporting long-term regional growth.
• Pet-friendly, guest laundry, outdoor pool, and Choice Privileges rewards program.