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$﹡﹡﹡﹡﹡(Call for Pricing)
Est. payment /mo
68 Beds
39,666 SqFt
UPDATED:
Key Details
Property Type Hospitality
Listing Status Active
Purchase Type For Sale
Square Footage 39,666 sqft
Bedrooms 68
Year Built 1998
Lot Size 4.100 Acres
Property Description
Reco Real Estate Advisors is pleased to present the Country Inn & Suites by Radisson Nevada, a 68-room, interior-corridor Upper Midscale hotel at 2520 East Austin Boulevard in Nevada, Missouri. The Choice Hotels-flagged Property sits at the I-49 / US-54 interchange (exit 102), 100 miles south of Kansas City and 60 miles north of Joplin, on an interstate carrying about 16,000 vehicles a day. Nevada is the Vernon County seat, with 3.1 million people within 100 miles and no hotel rooms under construction in the city.
Demand is anchored within three miles of the Property. 3M's Nevada plant, a 769,000-square-foot commercial graphics facility with more than 700 employees and the largest employer in Vernon County, is half a mile west. Camp Clark, the Missouri National Guard's 1,300-acre training site used by units from four states, is 1.7 miles away. Missouri Welding Institute (2.7 miles) has graduated more than 10,000 welders since 1994 and opened a new field-training building in 2024. Nevada Regional Medical Center (71 beds), Heartland Behavioral Health (150 beds) and Cottey College add year-round medical and campus visits, and I-49 brings through traffic between Kansas City, Joplin and Northwest Arkansas.
Opened in October 1998, the Property is a 68-room, two-story, interior-corridor building with an elevator. Amenities include an indoor heated pool, fitness center, complimentary hot breakfast, a meeting room for 20, business center and guest laundry. Surface parking includes bus parking. The Property fronts East Austin Boulevard (US-54) at the interstate, within a four-hotel, 234-room competitive set whose newest hotels opened in 2014, and it led that set in RevPAR in both 2024 and 2025.
No hotel rooms are under construction in Nevada. Across the 140-hotel Missouri South Central Area submarket, room supply has contracted each year since 2022, no hotel has delivered in the past 12 months, and the only two projects underway are more than 90 miles east, at Lake of the Ozarks and Rolla. Over the 12 months ending July 2026, the Property's STR competitive set grew RevPAR 3.1% while the submarket grew 1.8%, and set RevPAR is up 14.9% in 2026 through August. Demand on this stretch of I-49 is building, and no new rooms are coming to compete for it.
Demand is anchored within three miles of the Property. 3M's Nevada plant, a 769,000-square-foot commercial graphics facility with more than 700 employees and the largest employer in Vernon County, is half a mile west. Camp Clark, the Missouri National Guard's 1,300-acre training site used by units from four states, is 1.7 miles away. Missouri Welding Institute (2.7 miles) has graduated more than 10,000 welders since 1994 and opened a new field-training building in 2024. Nevada Regional Medical Center (71 beds), Heartland Behavioral Health (150 beds) and Cottey College add year-round medical and campus visits, and I-49 brings through traffic between Kansas City, Joplin and Northwest Arkansas.
Opened in October 1998, the Property is a 68-room, two-story, interior-corridor building with an elevator. Amenities include an indoor heated pool, fitness center, complimentary hot breakfast, a meeting room for 20, business center and guest laundry. Surface parking includes bus parking. The Property fronts East Austin Boulevard (US-54) at the interstate, within a four-hotel, 234-room competitive set whose newest hotels opened in 2014, and it led that set in RevPAR in both 2024 and 2025.
No hotel rooms are under construction in Nevada. Across the 140-hotel Missouri South Central Area submarket, room supply has contracted each year since 2022, no hotel has delivered in the past 12 months, and the only two projects underway are more than 90 miles east, at Lake of the Ozarks and Rolla. Over the 12 months ending July 2026, the Property's STR competitive set grew RevPAR 3.1% while the submarket grew 1.8%, and set RevPAR is up 14.9% in 2026 through August. Demand on this stretch of I-49 is building, and no new rooms are coming to compete for it.
Location
State MO
County Vernon
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Listed by Dharam Chaudhari • Reco Real Estate Advisors | KW Realty Partners
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Dharam Chaudhari
FOUNDER | CEO License ID: Licensed in KS,MO,IA,NE
FOUNDER | CEO License ID: Licensed in KS,MO,IA,NE