1401 W US Highway 54 - Hospitality FOR SALE


Pratt, KS 67124
$990,000 USD
786-822-0250
1401 W US Highway 54, Pratt, KS for Sale
$990,000 USD
Hospitality - FOR SALE
1/22
null | 14.4% Cap Rate

1401 W US Highway 54
Pratt, KS 67124


OVERVIEW

Beautiful hotel conveniently located on U.S. Route 54, Agriculture, manufacturing, energy production, transportation and logistics, and healthcare are the industry sectors driving the Pratt economy. The hotel caters to a variety of demand generators, workers from the oil and gas industry, seasonal workers and travelers seeking lodging accommodations. It is equipped with high quality furniture in all rooms, some rooms have been renovated with new flooring. This 67-room independent economy-branded asset offers opportunities for first-time buyers or seasoned owner- operators.

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$32 USD /SF

# OF ROOMS

67

PRICE/ROOM

$14,776 {currency}

CAP RATE

14.4%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Boutique Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1981

PARKING SPACES

120

LAND DETAILS

LAND ACRES

5.2 AC

LAND SF

226,512 SF

ZONING

CR

APN/PARCEL ID

132-04-0-20-04-004.00-0

ASK ABOUT THIS PROPERTY

Hector SchvartzmanNew Miami International RealtyMore Info
786-822-0250

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Hector SchvartzmanNew Miami International RealtyMore Info
786-822-0250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.