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FairBridge Inn Express, Monroe City 3 Gateway Square Dr 47 Room Hotel Monroe City, MO 63456 $1,626,788 CAD ($34,613 CAD/Room)
INVESTMENT HIGHLIGHTS
- Next to Interstate exit.
EXECUTIVE SUMMARY
The FairBridge Inn Express Monroe City is located at 3 Gateway Square Dr, Monroe City, MO, just off US 24 & US 36. The 47-room, two-story building was constructed in 1985 and is situated on a 1.65-acre lot. The Property maintains a variety of common area amenities, including a business center, laundry facility, and breakfast area.
The Property did $335,000 in room revenues and approx. $7500 from gaming machine extra income. Focusing on operational efficiency, a new owner can see a significant boost in Hotel performance through additional revenue management strategies. The Hotel is offered at x3.50 of Revenue.
The Property did $335,000 in room revenues and approx. $7500 from gaming machine extra income. Focusing on operational efficiency, a new owner can see a significant boost in Hotel performance through additional revenue management strategies. The Hotel is offered at x3.50 of Revenue.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,626,788 CAD | Lot Size | 1.60 AC |
| Price Per Room | $34,613 CAD | Building Size | 14,133 SF |
| Sale Type | Investment | No. Rooms | 47 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1985/2019 |
| Property Subtype | Hotel | Parking Ratio | 3.61/1,000 SF |
| Building Class | C | Corridor | Interior |
| Zoning | C - Commercial (NEC) | ||
| Price | $1,626,788 CAD |
| Price Per Room | $34,613 CAD |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.60 AC |
| Building Size | 14,133 SF |
| No. Rooms | 47 |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2019 |
| Parking Ratio | 3.61/1,000 SF |
| Corridor | Interior |
| Zoning | C - Commercial (NEC) |
AMENITIES
- Business Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 3 GATEWAY SQUARE DR , MONROE CITY, MO 63456
The FairBridge Inn Express Monroe City is located at 3 Gateway Square Dr, Monroe City, MO, just off US 24 & US 36. The 47-room, two-story building was constructed in 1985 and is situated on a 1.65-acre lot. The Property maintains a variety of common area amenities, including a business center, laundry facility, and breakfast area.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 47 | $106.61 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 016.03.07.4.02.006.020 | Total Assessment | $158,102 CAD |
| Land Assessment | $8,988 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $149,114 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
016.03.07.4.02.006.020
Land Assessment
$8,988 CAD
Improvements Assessment
$149,114 CAD
Total Assessment
$158,102 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Dada Bhagwan, Inc.
FairBridge Inn Express, Monroe City | 3 Gateway Square Dr
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