Depot Inn & Suites La Plata, MO

Listing Agents

Lora Simpson
T | 515.729-4516
lsimpson@paramountlodging.com

Adam Montufar
T | 515.446.4181
amontufar@paramountlodging.com

Detailed Information
Property Highlights
  • Fee simple interest in the 30-room Depot Inn & Suites La Plata MO (Macon County) to be sold in the October 19 auction event on Ten-X
  • Distinctive, independent boutique hotel featuring an 1800s railroad depot theme attracts train enthusiasts nationwide
  • Situated on 3.55 acres, the hotel displays a gallery of railroad artifacts, and features themed suites, a gift shop, and a live feed of the nearby BNSF mainline
  • The subject hotel earned TripAdvisor’s Travelers Choice award and Certificate of Excellence in 2021, Best of the Best in 2020, and currently maintains a 5-star rating with 1,550+ reviews
  • Over $200k in renovations completed in recent years including exterior signage, all new 50” smart TVs, and all new PTACs
  • Turn-key asset with a track record of strong historic cash flow including 46% NOI margin for T12 July 2022
  • Ideal for owner operator, the hotel will convey with the adjacent four-bedroom, two-bathroom 2,400 SF home built in 2017
  • Located off of US Hwy 63 and within walking distance of Lookout Point Park, Brown St. Bridge, and the La Plata Amtrak station
  • Readily accessible to all regional demand including Truman State University, A.T. Still University, Long Branch State Park and Lake, and Lolli Brothers Livestock Market
Location