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Property Detail

Jefferson Street
Property tours are available by appointment only from 12/10 - 12/12.
$225,000
Manufacturer: https://www.cbre.com/

Description

  • Property tours are available by appointment only from 12/10 - 12/12. Please contact the broker to schedule. Walk-ins not permitted
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  • Travelodge by Wyndham Jefferson City is located directly off US Route 54, an optimal position for capturing transient demand.
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  • Positioned with direct proximity to a diverse set of leading demand drivers. Including medical, education, government, and retail establishments.
  • 1710 Jefferson presents the market with a rare opportunity to acquire an economy hotel, possessing 77 rooms in Jefferson City, Missouri
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  • Prominent opportunity to acquire a fee-simple Wyndham asset with ample amenities and value-add upside unencumbered by management.
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  • Located just south of Downtown Jefferson City, home to several significant government facilities including the State Capitol and Supreme Court.

Executive Summary

CBRE Hotels, as the sole and exclusive agent for the owner, has been retained to offer for sale the fee-simple interest in the 77-room Travelodge by Wyndham, located in Jefferson City, directly off the area’s main transportation artery, US Route 54, and proximate to the city’s leading demand generators.

The hotel is conveniently accessible off US Route 54 at Ellis Boulevard Exit C, providing guests with access to a diverse mix of attractions throughout the surrounding area. It is located only 2 miles from Downtown Jefferson City, two hours from St. Louis, and two and a half hours from Kansas City.

Jefferson City, Missouri, the state capital, offers a unique blend of historical charm, government influence, and a growing economy. As a central location in the state, it benefits from a strong transportation network and proximity to major cities like St. Louis and Kansas City. The city’s government offices and institutions, including the Missouri State Capitol and the Supreme Court, provide a steady stream provide a steady stream of business travelers and government employees. Additionally, Jefferson City’s thriving healthcare sector, educational institutions, and growing manufacturing industry contribute to a diverse economy. While the market may be smaller compared to larger metropolitan areas, its strategic location and diverse economic base make it an attractive destination for businesses and investors seeking opportunities in government, healthcare, education, and manufacturing.

The Jefferson City Travelodge by Wyndham is surrounded by a mix of demand drivers including government facilities, medical centers, top local employers, education hubs, and retail shopping centers. Notable businesses and entities include the Missouri Supreme Court, Missouri State Capitol, Lincoln University, Capital Region Medical Center, and Capital Mall.
The proposed sale does not include the franchise agreement and any continuing operations as Travelodge Hotels, Inc. ® will require, and is contingent upon, the approval of and a separate agreement with Travelodge Hotels, Inc.
Property tours are available by appointment only from 12/10 - 12/12. Please contact the broker to schedule.

Bankruptcy - Travelodge by Wyndham

Listing ID : 00605

SKU: 605

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Price History

DateEventPrice
December 4 2024Listed$225,000.00