Listed by Bang Realty, Hotel Brokers Of America
$3,500,000
Days Inn & Suites
Details
Property Type Hospitality
Sub Type Hotel
Square Footage 40,148
Keys 63
Cap Rate 8.11%
NOI $288,805
Occupancy 62.32%
Pro-Forma Cap Rate 8.52%
Pro-Forma NOI $303,380
Price per SqFt $87
Year Built 1987
Year Renovated 2024
Stories 2
Acreage 10.310
Hospitality | 63 Keys | $59,333/key
Marketing description
Hotel Brokers of America is pleased to offer, on an exclusive basis, the opportunity to acquire this 63-room Days Inn (“Property” or “Hotel”),
prominently located in Sikeston, MO. This hotel offers convenient access to major highways I-55, I-57, and US-62, as well as Cape Girardeau Regional
Airport (CGI). The hotel is located just minutes from the Sikeston Depot Museum, the City of Miner Convention Center, and the Sikeston Rodeo
Grounds, home of the annual Sikeston Jaycee Bootheel Rodeo. Nearby attractions include Lambert’s Café and the Sikeston Factory Outlet Stores,
both within one mile of the property. The asset recently underwent major capital improvements, including a new roof in 2024 and interior renovations
featuring new room flooring and fresh paint (furniture not replaced). Situated approximately 20 minutes from the university and eligible for USDA
financing, the property also benefits from growing local demand, with Wyndham revenue management capturing business from nearby solar power
plant maintenance crews. Additionally, plans in the vault outline the potential for a future RV park adjacent to the expansive site, providing further
upside for new ownership.
Interest Offered
Hotel Brokers of America has been selected to
exclusively market for sale this Days Inn & Suites in
Sikeston, MO.
Terms of Sale
This Days Inn & Suites in Sikeston, MO is Offered on an
Open Bid basis. The net operating income figures for
the Property assume a fiscal year starting 2024.
Contact broker for historical operating
documentation and any other third party reports.
Property Tours
Prospective purchasers are encouraged to visit the
subject properties prior to submitting offers.
However, all property tours must be arranged with
the Hotel Brokers of America listing agents. Please do
not contact the tenants, on-site management or staff without prior approval.
The hotel features 63 total guest rooms (with the Wyndham system
currently reflecting 60), along with two two-bedroom manager
apartments. The property offers flexible meeting and event space,
including two meeting rooms and a dedicated event hall, as well as multiple
food and beverage areas supported by a commercial kitchen and breakfast
room. Additional common areas include a library/lounge space for guests
to relax. Operational facilities consist of two maintenance rooms, four
storage rooms, and two laundry rooms. Guest amenities include a fitness
room and swimming pool, all situated on an expansive 10.5-acre property
featuring a private pond. The hotel also includes on-site restaurant space,
providing an opportunity for new ownership to reopen and activate the
concept.
Investment highlights
- Room Windows: Windows Open
- Suites: Yes - One and Two Beds
- Meeting Rooms: 2 Meeting Rooms & Event Space
- Dining Facilities: Yes Free Breakfast
- Fitness Center/Pool: Yes/Outdoor Pool
- Average Daily Rate: $68.04
- Star Class Rating 2-Star
- Premium Free WiFi
- Ample Free Parking
- Free Continental Breakfast
- 24-Hour Reception Desk
- Meeting Room
- Fitness Center
- Laundry Facilities
- Pet Friendly
- Business Center
- BBQ Grills
Listing Contacts
Listed by Bang Realty, Hotel Brokers Of America
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$288,805.00
$24,067.08/mo
Valuation Metrics
0
DSCR
8.25%
Cap Rate
8.25%
ROI
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