64 Units
MOTEL AND C-STORE ON I-44 BUSINESS LOOP 64 unit motel with living quarters plus C-store with gas located 1 block from the motel. Motel includes a restaurant that is currently closed but could be leased for additional income. Asking $1,600,000 (TP1560) Tom Potts
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70 Units
REDUCED - NEWLY FLAGGED WITH 38 ACRES Formerly an independent, this 70 unit property converted to Econo Lodge in 2013. Located 1/2 mi off interstate, 1mi from major lake, 1 mi. to motor speedway and close proximity to truck stop. The motel feature 7 suites as well as 2BR/2BA living quarters and an outdoor pool. Improvements include a new roof, flat screen TVs, tub surrounds, brick work and furnishings. Motel is located on approx 38 acres with plenty of room for future developing. Now priced at $1,250,000 (RF1525) Ray Foster
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99 Units
PRICE REDUCED *** ECONOMY FRANCHISE AT INTERNATIONAL AIRPORT 99 Unit interior corridor property with breakfast room, outdoor pool and courtesy van. Located at international airport with excellent access to metro transportation as well. Now priced at $2,500,000 (TP1492) Tom Potts
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103 Units
****DRASTIC PRICE REDUCTION - ESTATE LIQUIDATION SALE**** 103 rooms and a small bistro restaurant. Family will consider all offers. Property is in excellent condition--now priced under 2X gross at $1,600,000 (JDS1535) J. D. Smith
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114 Units
PRICE JUST REDUCED!!! HIGHLY MOTIVATED SELLER LOOKING FOR OFFERS Seller is liquidating his hospitality holdings. This is the last one available--114 units with outdoor pool and newly equipped restaurant (closed) and lounge (closed). Much of the property has been renovated including all new restaurant equipment. Property offers considerable upside potential with branding, active marketing and re-opening restaurant and lounge. Largest area motel and located next to Heart of the Ozarks Fairgrounds, a venue for rodeos, fair & livestock shows, truck & tractor pulls, demolition derby, flea markets, antique shows, gun shows and more. Guest rooms include whirlpool suites and full kitchen suites. ASSUMABLE $380,000 SBA LOAN. Now asking $750,000--make an offer! (JDS1410) J. D. Smith
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Need A Receiver?

"Smart Lenders Use Receivers"

 Let Southeast International Hotel Brokers introduce you to Randy L. Smith, Attorney at Law [bondable, experienced]  

A judicial foreclosure is looked upon as a routine matter and often times that proves to be the case. In hotel foreclosure, however, where the stakes are higher, the borrowing can be into the millions and collateral includes things other than just real estate, it is important to remember than judicial foreclosures can be complex and require attention. The real property and collateral in hotel foreclosures include business operations which need to be continued during any foreclosure. In such instances, in order to protect the creditors’ interests, something more than a simple foreclosure action may be required.

Probably the most useful tool in the arsenal of a creditor seeking foreclosure on a hotel property is the appointment of a receiver. The primary reason for the appointment of a receiver would be to preserve the property being foreclosed during the pendency of the foreclosure action. Additionally, the creditor may also be looking to cash from business operations as part of its collateral. In such cases, the appointment of a receiver is a means of stopping the outflow of cash through the debtor and accumulating it with the receiver during the pendency of the foreclosure. The receiver is a fiduciary and has responsibilities to take and keep possession of the property, receive rents, collect debts and do all things necessary to preserve the property and to act as the court may authorize.

The principals of Southeast are career hotel and real estate professionals, owning properties on their own account. Southeast has managed, owned, and developed hotels, restaurants, residential subdivisions and golf courses.

Southeast works for results. It is its business to work with the owners of the property and determine their goals. In a rapidly changing and threatening marketplace, there are times when it is best to manage and develop a property/hotel until the market conditions rise to a point when the value of the hotel can be maximized. At other times, the goal is to liquidate the asset as quickly as possible. It is Southeast's commitment to work to determine and achieve the appropriate goal !

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Southeast was formed in 1964 and remains the country's leading hospitality broker, having sold and closed many hotel properties throughout the United States. Large, national clients have remained pleased with its service for more than 40 years.

Southeast can only be as successful as its clients are satisfied. That is more than a slogan: it is a commitment.



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1930 East Meadowmere • Suite 101 • Springfield, Missouri 65804 • 417-865-2520 • Fax: 417-865-6272
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