Quality Inn & Suites Springfield North

2745 N Glenstone Avenue, Springfield, MO

$3,990,000

Price

41,600 sqft

Building Size

2.48 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
41,600 sqft
Lot Area
2.48 acres
Keys
102
Year Built
1978
Floors
3
Description

Tabani Realty is pleased to present the 102-room, Quality Inn & Suites in Springfield, Missouri. The limited-service hotel is located right off the Interstate 44 (I-44) interchange and is one of the first hotels drivers see when traveling eastbound. The property is directly in-between St. Louis and Oklahoma City making it a popular stop for transient visitors. The Quality Inn & Suites is offered at $39,117 per key. The absentee-managed property provides upside potential from a more hands-on operator.

The hotel's 102 guestrooms have a mix of interior and exterior corridors spread across three floors. The Quality Inn property sits on 2.48 acres of land, also included in the sale. The hotel is also within a mile of over 23 restaurant options and nearby various attractions.

Springfield is the third-largest city in the state of Missouri, located in the southwestern part of the state. It is the county seat of Greene County and serves as the regional hub for commerce, education, and healthcare in southwest Missouri. The city has an estimated population of around 167,300 people. Springfield experienced steady population growth over the years and continues to attract residents due to its affordable cost of living, vibrant economy, and quality of life.

Springfield has a diverse economy with major sectors including healthcare, education, manufacturing, retail, and tourism. The city is home to several large employers such as Bass Pro Shops, Mercy Health Systems, and Missouri State University. The healthcare sector is a significant contributor to the local economy. Springfield is a notable stop along the historic Route 66, which passes through the city. Visitors can explore Route 66-themed attractions, museums, and restaurants, showcasing the city's connection to this iconic highway.

Highlights
  • Offered at $39,117 per key
  • Right off the Interstate 44 (I-44) interchange
  • Close to Missouri State University
  • A 15-minute drive from Springfield-Branson National Airport
  • Previous absentee management offers the opportunity to improve occupancy % and ADR quickly
  • Positive guest reviews
Documents
Location
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