3031 S Rangeline Road

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

3031 S Rangeline Road

Joplin, MO 64804
Asking Price
$3.50M
Cap Rate
8.8%
Asset Type
Motel Multifamily
Class
Class B

What's Special

111 Room Motel <p><span style="color: rgba(0, 0, 0, 1)">Over 2 acres directly on Range Line Rd</span></p><p><span style="color: rgba(0, 0, 0, 1)">This property is currently operated as the Super 7 Inn and features 111 rooms. </span></p><p><span style="color: rgba(0, 0, 0, 1)">Property is near the intersection of Range Line Rd and 32nd Street, not far from the I-44 ramps. </span></p><p><span style="color: rgba(0, 0, 0, 1)">Traffic count is over 20,000 cars per day. </span></p><p><span style="color: rgba(0, 0, 0

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

Location & Travel Times