Brokerage Offers Profitable Kansas Motel for Sale
495/500 QA Inspection Score * $318,000 NOI * Interstate Trade Center
MARCH 10, 2009 - Varnum/Armstrong/Deeter,LLC, a Kansas City area motel brokerage, has been retained as the exclusive agents to market a profitable Kansas Confidential Listing motel.
According to David Pierson, the Seller's agent, the motel produced an NOI of $318,000 for fiscal year 2008 and was listed for sale at $2,495,000.
Pierson further noted that the property is well positioned in the property's trade center marketplace and enjoys commercial, transient, and market generated year round special events business segments.
According to Pierson, guest rooms feature upscale case goods, upscale soft goods, and a spectrum of amenities. Pierson noted that the Owners have completed $280,000 worth of improvements to the property during the past two fiscal years and the Sellers have earned an inspection score of 495/500 on their most recent inspection.
Prospective Buyers interested in obtaining more information on this Exclusive Listing, are invited to contact David Pierson, Varnum/Armstrong/Deeter, LLC, at 913/491-8900 or via email [email protected]. to request a copy of the confidentiality agreement.
CONTACT: David Pierson,
Varnum/Armstrong/Deeter, LLC
(913) 491-8900
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