This Missouri hotel is 98 units and located in the Columbia area. The property consists of 4 different buildings with both interior and exterior corridors. Built in 1967, the property boasts a well-established restaurant and bar which bring in over $100,000 in lease income annually. The property has excellent cash-flow and is priced to sell at an 10.9% capitalization rate. The hotel is currently absentee-owned and could be ideal for an owner-operator. The property is located just off of a major highway and has great visibility.
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Columbia Area, MO 000000