Investment Opportunity: Americas Best Value Inn and Suites in Nevada, MO
Investing in the hospitality industry can be a daunting task, but the listing of Americas Best Value Inn and Suites in Nevada, Missouri, presents a promising opportunity for prospective investors. Located at 2345 E Marvel Rd, Nevada, MO 64772, this hotel is being offered at a listing price of 0, significantly below replacement cost, making it an attractive investment option.
The Missouri South Central Area hotel submarket has experienced strong RevPAR growth, with an 11.9% increase in the twelve-month average. The Americas Best Value Inn and Suites hotel offers a low franchise fee, allowing for reduced operational costs and higher profitability. With its location near Interstate 49 and a traffic volume of over 7,000, primarily truck and commercial travelers, the hotel ensures repeat business and enhances its commercial traffic appeal.
The strategic location of the hotel just off the exit of Interstate 49 offers easy access to travelers and maximizes visibility. Built in 1991, this two-story interior-corridor hotel provides a solid foundation for potential investors. The hotel offers 49 rooms and a range of amenities such as an outdoor pool and meeting space, further enhancing the property's appeal.
Additionally, the hotel is situated within a 2-mile radius of popular attractions, including Nevada Speedway, Bushwhacker Museum, and Fox Playhouse, driving guest interest and occupancy. The impressive growth and positive market trends in the Missouri South Central Area hotel submarket suggest a promising outlook for the property.
Investing in the hospitality industry requires a strategic approach and thorough evaluation of the market trends. The Americas Best Value Inn and Suites in Nevada, MO, presents a unique opportunity for prospective investors to acquire a promising hotel with a prime location and solid foundation. The low franchise fee and reduced operational costs offer potential for high profitability, making it a sound investment option.
Overall, the Americas Best Value Inn and Suites listing in Nevada, MO is a compelling investment opportunity worth considering for those looking to enter the hospitality industry or expand their portfolio.
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