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Buy A Hotel With 48 Rooms

Details
Posted By:
Terry A Scott
Posting ID:
5570r4309
Location:
Ne Corner Of Downtown Kansas C
Telephone:
816-468-3197
Tags:
 hotel 
Price:$450,000
Listing Type:Commercial For Sale
Bedrooms:9+
Bathrooms:7+
Living Area:12500 Sq Ft
Lot Size:1
Address:
Ne Downtown
Kansas City, MO 64132

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Buy a hotel with 48 rooms on the NE corner of downtown Kansas City, MO for $450,000.
Replacement cost $1,169,438
Low maintenance with concrete block and brick veneer construction and new pitched metal roof.
First year projections:
CAP 16.63
GRM 1.76
ROE 41%
Cash on Cash 59%
Break even occupancy 44%
5 year average cash flow of $152,039
Needs some up-dating
Call Eric at: 816-468-3197

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