Interior-Corridor Hotel with Indoor
For Sale
Contact for pricing
1900 W EVANGEL ST, Ozark, MO 65721
Two-story lodging property offering guest suites, meeting space, and multiple on-site amenities.
Property Size15,103 SF
Price / SF$211.88
Days on Market10
Property Features for 1900 W EVANGEL ST
General Information
Standard status
Active
Size
15,103 SF
Property subtype
Hospitality
Additional Details
Asking Price
$3,200,000
Highway Access
Yes
Amenities
jacuzzi suites
breakfast area
business center
meeting space
indoor pool
Building Details
Year Built
1993
Stories
2
Units
1
Listing Agency:
Southeast International Hotel Brokers
Listed By:
Frank Smith · License #MO 1999019778
(417) 865-2520
Source:
Crexi
Added: Aug 24
Changed: Sep 1
Last Checked: Sep 1 at 9:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southeast International Hotel Brokers
Investment Insights
Based on property information with market context.
The property is a 48-unit, two-story Quality Inn & Suites hotel with interior-corridor access. Built in 1993, the smoke-free facility includes jacuzzi suites, a breakfast area, business center, meeting space, and an indoor pool. The hotel has operated under the same ownership for many years.
Located just off a six-lane US highway at 1900 W Evangel St in Ozark, Missouri, the property provides highway-oriented access. Its guest-focused layout combines lodging accommodations with food-service, business, meeting, and recreational areas within the same hotel facility.
Located just off a six-lane US highway at 1900 W Evangel St in Ozark, Missouri, the property provides highway-oriented access. Its guest-focused layout combines lodging accommodations with food-service, business, meeting, and recreational areas within the same hotel facility.
Key Highlights
- 48‑unit Quality Inn & Suites hotel with interior‑corridor access
- Two‑story property built in 1993
- Indoor pool, jacuzzi suites, and breakfast area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$94,696
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,893,920
$1.9M
Cap Rate 7%
$1,352,800
$1.4M
Cap Rate 9%
$1,052,178
$1.1M
Market Conditions
NOI Build-Up for 15,103 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$226.5K $15.00/SF
− Vacancy
−$27.2K −$1.80/SF
EGI
$199.4K $13.20/SF
− OpEx
−$104.7K −$6.93/SF
NOI
$94.7K $6.27/SF
Area
Christian County, MO
Vacancy
12.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,893,920
Cap Rate 7%
$1,352,800
Cap Rate 9%
$1,052,178
Alternative Uses
Best Use
Hotel Hospitality
$1.35M
$1.18M – $1.58M
NOI $94,696 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.28M
$1.99M – $2.66M
NOI $159,567 @ 7.0% cap · market cap 4.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
244
Businesses Nearby
Explore this area
Business Placement
Demographics for 65721, MO
32,975
Population
13,467
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
93%
High-School Grad
95.9 sq mi
ZIP Area
344
Density / Sq Mi
$76,552
Median Household Income
$41,653
Median Earnings
$991
Median Rent
$253,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Two-story lodging property offering guest suites, meeting space, and multiple on-site amenities.
Where is this hotel located?
The property is located at 1900 W EVANGEL ST Ozark, MO.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 48‑unit Quality Inn & Suites hotel with interior‑corridor access; Two‑story property built in 1993; Indoor pool, jacuzzi suites, and breakfast area
