4101 Us-67 Poplar Bluff, MO 63901
- Hospitality properties
Current Use by Public Records
- Hospitality properties
Property Details for 4101 Us-67
- Year built
- 2016
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
This exceptional investment opportunity presents a 73-key Motel 6, built in 2016, situated in Poplar Bluff, Missouri. The three-story property boasts a prime location along US Highways 60 and 67, experiencing an average daily traffic count of approximately 8,700 vehicles. Poplar Bluff's strategic position, known as "The Gateway to the Ozarks," offers easy access to stunning natural beauty and outdoor recreation, attracting travelers from a wide radius. Its proximity to both St. Louis, MO (2.5 hours) and Memphis, TN (2.5 hours) further enhances its appeal. The motel features an owner's suite and has demonstrated consistent financial performance, with an average annual room revenue of approximately $1 million. May 2023 data reveals a 52.5% occupancy rate at an average daily rate (ADR) of $68.52, resulting in an 88.4% RevPAR index relative to the competitive set – indicating significant growth potential. The property will be sold unencumbered of management, presenting a fantastic owner-operator opportunity. This is a turnkey operation with a proven track record, ready for a new owner to capitalize on its existing success and further expand its market share. The property is offered fee simple.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Poplar Bluff
- County
- Butler
- State
- Missouri
- Longitude
- -90.4591
- Latitude
- 36.8032
