Econo Lodge, Kennett, MO

Investment Highlights

• 49-room, two-story Econo Lodge hotel operating under Choice Hotels International.
• Solid concrete block construction on a 2.3-acre site with exterior corridors and ample surface parking.
• Prime location at the intersection of U.S. Route 412 and Highway 25 in Kennett, Missouri’s Bootheel region.
• High-visibility site with steady traffic flow and proximity to Kennett Memorial Hospital, Walmart, local schools, and major employers.
• Serves regional travelers between Jonesboro, Paragould, Poplar Bluff, and St. Louis.
• Strong presence within a stable, diversified economy driven by healthcare, manufacturing, and agriculture.

Recent Improvements

• Comprehensive renovation completed in 2023 exceeding $250,000.
• All guestrooms upgraded with new furniture, softgoods, linens, and modern amenities.
• Added flat-screen TVs, microwaves, mini-fridges, and coffee makers in all rooms.
• Updated common areas, signage, and exterior repainting to meet brand standards.
• Energy-efficient lighting and HVAC improvements enhance comfort and reduce utility costs.
• Fully compliant with current Econo Lodge prototype standards and requires no near-term PIP.

Market Demand & Economic Drivers

• Year-round lodging demand supported by manufacturing, healthcare, and agriculture sectors.
• Nearby employers include American Railcar Industries and Custom Steel within a 116-acre Industrial Park.
• Tourist draws include Dunklin County Museum and Ben Cash Memorial State Wildlife Area.
• Hosts major annual events such as the Delta Fair & Music Festival, Just a Small Town Christmas, and regional agriculture festivals.
• Ongoing infrastructure projects along US 412 and state tourism initiatives expected to further increase demand.
• Located within an Enhanced Enterprise Zone offering development incentives.

Investment Opportunity

• Ideal for owner-operators seeking a stable, turn-key investment with operational efficiency.
• Lean staffing model, strong margins, and potential for revenue growth through rate optimization.
• Supported by Choice Hotels’ national brand strength and loyalty program.
• Positioned for continued success in a resilient and growing regional market.

Property Features & Amenities

• 49 guestrooms featuring a mix of king and two-queen layouts.
• Amenities include high-speed WiFi, workspaces, modern bathrooms with hairdryers, and select rooms with city views.
• Seasonal outdoor pool, breakfast area, 24-hour front desk, guest laundry, and grill area.
• Ample parking and pet-friendly policy accommodate all traveler types.
• Guest reviews highlight cleanliness, comfort, and overall value.