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3325 Arizona Ave, Joplin, MO 64804
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3325 Arizona Ave, Joplin, MO 64804
3325 Arizona Ave, Joplin, MO 64804
3325 Arizona Ave, Joplin, MO 64804
3325 Arizona Ave, Joplin, MO 64804

$3,100,000

Est. payment /mo

$3,600,000

13.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

3325 Arizona Ave Joplin, MO 64804

66 Beds

1.1 Acres Lot

SOLD DATE : 10/17/2023

Key Details

Sold Price $3,100,000

Property Type Hospitality

Listing Status Sold

Purchase Type For Sale

Sold Date 10/17/23

Bedrooms 66

Lot Size 1.100 Acres

Property Description

Quality Inn & Suites is a well-maintained hotel located in Joplin, MO, providing a comfortable and convenient stay for guests. The hotel is easily accessible as it is situated just off I-44, making it an ideal choice for travelers passing through the area. With 66 well-appointed guest rooms, this hotel is larger than the average property size in the Missouri South Area, ensuring a higher capacity for accommodating guests. The property is spread across a generous 47,916 SF, providing ample space for guest facilities and potential future expansion. Onsite amenities include complimentary breakfast, a fitness center, and a computer station for guest convenience. Quality Inn & Suites is a well-established franchise with strong brand recognition and loyalty, attracting repeat customers.

Joplin is a growing city in the heart of the Ozarks, with a significant number of people traveling through the area each year. The Missouri South Area is experiencing growing demand, with a 55.8% occupancy rate that outperforms the market average of 54.0%. The hotel is conveniently located near Mercy Hospital, providing a steady stream of potential guests visiting for medical purposes or hospital staff. Joplin attracts a considerable amount of business from tourism, further contributing to increased demand for hotel accommodations. The city of Joplin is home to colleges such as Missouri Southern State University, attracting guests for games, events, and academic activities, providing a consistent source of business for the hotel.

Location

State MO

County Newton

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Listed by Dharam Chaudhari • Dharam Chaudhari
Bought with Dharam Chaudhari • Dharam Chaudhari

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