This fee-simple Missouri Hotel for sale is located in the city of Carthage. It was orientally built in 2000, but it was recently renovated in 2010. It is priced 3X rooms, and priced at 11 cap. This select service hotel contains 1 building with 3 floors, and there is a total of 121 guest rooms. It also includes a profit center, a Precious Moments Gift Shop. This hotel is situated near many room demand generators.
Jere Allen has been in the hospitality business for over 30 years. He began his career after graduating from Mississippi State University. He also has educational credit from Holiday Inn University, Best Western and Bass Hotels and Resorts. Since then Mr. Allen has been a part of every aspect of commercial real estate including development, management and ownership. He became a hotel broker in the early 1990s and quickly became the top salesman for Hotel and Motel Brokers of America in the South Central Region. He was the second highest producer in the Nation as an affiliate broker. Mr. Allen founded Sunbelt Hotel Brokers in 1995. Today, Sunbelt is licensed as a real estate broker in the states of Alabama, Mississippi, and Tennessee. In 1999 Hotel Business Green Book listed Sunbelt hotels Brokers in the top 20 Hotel Brokerage Firms in the Nation.