Super 8 Kirksville, MO

October 31, 2018 2:57 pm
Kirksville, Missouri
  • Fee simple interest in the 61-room Super 8 Kirksville offered at an extreme discount to current replacement cost
  • Available unencumbered of debt and management with ability to retain the Super 8 flag via a long-term relicense agreement with Wyndham
  • Subject Hotel represents one of only three existing economy products in the Truman State submarket
  • Minimal change of ownership PIP anticipated with approximately $400k ($6.5k/key) already invested since 2016
  • Opportunity for new ownership to reflag hotel to numerous economy products
  • Ideally situated just minutes south of downtown Kirksville near the intersection of I-63 and Baltimore St. with upwards of 30,000 vehicles passing the exit daily
  • Within walking distance of Truman State University, the single largest employer in Kirksville
  • Convenient to all local and regional demand including major employers, primary healthcare facilities, Truman State University, A.T. Still University, Northeast Regional Medical Center and Adair Foods (Kraft Foods) Company

Listing Agents

Beau Mullenix
T: 314.568.7098

Lindsey White
T | 312.319.5656

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