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Warmbrodt Hotel Investments, Inc. Selected to Advise in the Sale
of Commercial Development Lots in Boonville, MO

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October 3, 2012
- Warmbrodt Hotel Investments, Inc. ("WHI") has been retained as the Exclusive Agent to advise in the sale The Commons at Hail Ridge, a mixed use development containing an existing 18 hole golf course, proposed residential lots and an approximately 17 acre commercial site. The property is located at Interstate 70 & Highway 87 at Exit 106 in Boonville, Missouri.

The commercial lots, part of a Commercial Improvement District, represent an opportunity for hotel, restaurant, convenience store, truck services, car dealership and other retail services. The site has an excellent, high-traffic interstate location with 32,000 average daily traffic.

"This is an excellent location for the development of a new, select service product such as a Hampton Inn & Suites with retail and support services such as gas and food," said Herb Warmbrodt, President of WHI.  "With its excellent visibility, access to Interstate 70 and its proximity to Columbia, it has been well received by the development community."

Boonville's central location on I-70 and other major state highways make it an ideal place to work and live. It is a vital, growing and diversified community with a low cost of living that provides a high quality of life.

INVESTMENT HIGHLIGHTS
  • Central Missouri location between Columbia, St. Louis, Kansas City, Lake of the Ozarks and Branson
  • Boonville is becoming a substantial bedroom community to Columbia
  • Proximate to Isle of Capri Casino, containing 28,000 square feet of gaming and monthly concerts featuring well-known artists
  • Commercial lots are part of a Commercial Improvement District
  • Existing hotel statistics recognized substantial gains in Average Rate and RevPar in 2011
  • Existing hotel inventory is susceptible to major impact from new products such as Hampton Inn and Suites
  • Residential lots and 18 hole golf course are also available
Location would allow for USDA financing

About Warmbrodt Hotel Investments, Inc.
WHI is a growing real estate firm specializing in the disposition, acquisition, financing, and debt restructuring of hospitality related assets throughout the United States.

For further information about this listing, please contact Herb Warmbrodt at: (913) 381-3737, herb@whikc.com.



Contact:

Warmbrodt Hotel Investments
Kansas City Office
2020 West 89th Street
Leawood, KS 66206 
913-381-3737

Chicago Office
22 W. Washington Street, Suite 1500
Chicago, IL 60202
312-262-5930

 info@whikc.com
www.whikc.com


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