1400 Dallas StBuffalo, MO 65622

Property Details for 1400 Dallas St

Year built

1995

Construction

STONE

Lot size

1.01 AC

Property size (Sq ft)

10,800 SF

Property type

Hospitality properties

Property subtype

Motels

APN

09-8.0-27-004-000-002.030

APU

98027004000002030

Description

This exceptional 10,800 square foot hotel, situated on a 1.01-acre lot at 1400 W Dallas Street in Buffalo, MO, presents a unique investment opportunity. Currently the only hotel in town, this 40-key property boasts 30 operational rooms and 10 non-operational rooms, offering significant upside potential. Recent upgrades include a brand new roof, a modern electronic key system utilizing RFID cards, and a new commercial dryer for guest laundry convenience. Furthermore, the property features a new HVAC system, with geothermal mini-splits installed in half of the rooms, enhancing energy efficiency and guest comfort. Amenities include a complimentary breakfast served in the lodge's dining area, an outdoor grilling area, a refreshing swimming pool, and a relaxing hot tub. Each room is equipped with a cozy bed, a private bathroom, a 40-inch television with Roku and Hulu access, and complimentary Wi-Fi. This turnkey operation is ready for a new owner to capitalize on its prime location and existing infrastructure. The property's substantial size and extensive recent renovations make this a compelling investment in a thriving market. Don't miss this chance to acquire a significant piece of Buffalo, MO's hospitality landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $2,403,857

  6.5%

  $2,218,944

  7%

  $2,060,448

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,978,625

  Geo Method

  $1,978,625

• Alternative Use

  Use

  Valuation

  Residential

  $2,422,443

  Hospitality

  $2,218,944

  Educational

  $1,846,136

  Medical

  $1,909,627

  Retail

  $2,871,767

Location Insight

City

Buffalo

County

Dallas

State

Missouri

Latitude

37.6401

Longitude

-93.1079

CBSA code

44180

CBSA name

SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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