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Listing Agents
Lora Simpson
T | 515.729.4516
lsimpson@paramountlodging.com
Adam Montufar
T | 515.446.4181
amontufar@paramountlodging.com
Detailed Information
Location
Property Highlights
UNDER CONTRACT
- Fee simple interest in the institutionally owned, 120-room The Q Hotel & Suites located in Springfield MO, offered through a traditional sales process
- Independent asset available unencumbered of brand and management at a significant discount to replacement cost
- Attractive franchise options exist within the Hilton, Marriott, Hyatt, IHG, Choice, Wyndham, and Sonesta brand families among others
- The subject hotel is currently closed, resulting in a blank canvas investment opportunity with multi-use zoning designation and alternative use potential
- Ideally located in downtown Springfield off Highway 44 and N National Ave., within walking distance of Hammons Field, Route 66 Springfield Visitors Center, Springfield Expo Center, & Ozark Technical Community College
- Situated less than one mile north of Missouri State University, the state’s second largest university, with an enrollment of ~23,000 students
- Proximate to all other local and regional demand including Bass Pro Shops corporate headquarters and World of Wildlife Museum and Aquarium
- Ideal time to invest as the Springfield and Ozark region represents one of the state’s largest growth regions with an 8.0%+ increase in population in the last decade