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The perils of fast money and Route 66 June 22, 2007

Posted by Ron in Motels, Preservation, Uncategorized.
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Vince Scott bought the Boots Motel in Carthage, Mo., a few years ago with the sole purpose of quickly selling it again to Walgreens for a quick buck.

However, Route 66 preservationists protested the impending deal, and Walgreens moved to greener pastures.

Scott still has the motel, and admits the 1930s landmark could be a significant tourist attraction. But he says to the Carthage Press that he’s not the one to take advantage of that.

Moral of the story: Don’t buy a property, expecting to make a quick buck on resale, when the property is historic and opposition of “redevelopment” is almost certain.

And don’t whine if you’re too short-sighted to take advantage of historical motel that’s tailor-made for a growing audience of Route 66ers, history-lovers and kitsch fans.

Comments»

1. RoadDog - June 23, 2007

Just gotta love Vince. Oh, well, some of the best-laid plans.

At least it’s one that dear old Walgreen’s didn’t get.

The Boots is ok from the front, but I like it when you drive back by the rooms. This is where the architecture really stands out for me.