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Grandview Lodge 1 Proactive Dr 38 Room Hotel New Florence, MO 63363 $3,743,388 CAD ($98,510 CAD/Room) 10.08% Cap Rate



INVESTMENT HIGHLIGHTS
- 36 Turn Key Fully Furnished Units
- Attached Commercial Unit
- Major Infrastructure Improvements in Surrounding Counties
- Right off I-70
- Immediate Rental Upside
EXECUTIVE SUMMARY
Salient Realty Group is pleased to present a rare and high- performing investment opportunity, 1 Proactive Drive is a fully remodeled 36-unit complex that seamlessly blends residential income with commercial stability. Spanning approximately 14,000 square feet on a nearly 3-acre lot, the property has undergone extensive capital improvements, including a brand-new roof, updated siding, and modernized electrical and plumbing systems. A standout feature is the newly installed solar system, which significantly offsets operational costs. The complex currently comprises 35 residential units—primarily furnished, independent living spaces with individual HVAC controls—and one established commercial suite currently leased to a professional medical tenant.
This turn-key asset is designed for maximum efficiency and consistent cash flow, boasting a history of high occupancy and low vacancy rates. The property’s flexible "independent living" model appeals to a wide demographic, including seniors, traveling professionals, and local workforce members seeking all-inclusive, move-in-ready housing. With all-inclusive rent structures and a strategic location just off Interstate 70, the facility is perfectly positioned to capture the growing housing demand in Montgomery County.
This turn-key asset is designed for maximum efficiency and consistent cash flow, boasting a history of high occupancy and low vacancy rates. The property’s flexible "independent living" model appeals to a wide demographic, including seniors, traveling professionals, and local workforce members seeking all-inclusive, move-in-ready housing. With all-inclusive rent structures and a strategic location just off Interstate 70, the facility is perfectly positioned to capture the growing housing demand in Montgomery County.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,743,388 CAD | Lot Size | 2.93 AC |
| Price Per Room | $98,510 CAD | Building Size | 15,437 SF |
| Sale Type | Investment | No. Rooms | 38 |
| Cap Rate | 10.08% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1978 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | C | ||
| Price | $3,743,388 CAD |
| Price Per Room | $98,510 CAD |
| Sale Type | Investment |
| Cap Rate | 10.08% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.93 AC |
| Building Size | 15,437 SF |
| No. Rooms | 38 |
| No. Stories | 2 |
| Year Built | 1978 |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | C |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 6 | $133.10 CAD | - |
| Guest Room | 32 | $115.07 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 11-8.0-27-000-000-016.001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $475,911 CAD |
PROPERTY TAXES
Parcel Number
11-8.0-27-000-000-016.001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$475,911 CAD
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Grandview Lodge | 1 Proactive Dr
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