2 Leonard Ct - Hospitality FOR SALE


Hesston, KS 67062
$1,575,000 USD
818-424-0386
2 Leonard Ct, Hesston, KS for Sale
$1,575,000 USD
Hospitality - FOR SALE
1/26
null | Request Cap Rate

2 Leonard Ct
Hesston, KS 67062


HIGHLIGHTS

  • Built in 2003 and has new HVAC and new pool equipment ,beautiful architecture, attractive rooms ,meeting room, off the freeway location.
  • Offered at under 3 times GRM with an amazing ADR of $96.12
  • Turn key property waiting for an efficient owner operator with some hospitality experience

OVERVIEW

A perfect opportunity for a first time owner operator, 41 keys interior corridor ,franchise hotel offered under 3 times GRM. Recently remodelled and has no outstanding PIP. This hotel attracts lot of local business as well as freeway business. Located just 30 minutes from Wichita which makes it ideal for an owner operator to live in a big city and manage the property in Hesston .Please sign an NDA for the financials and schedule an appointment to visit the property. SBA financing is available with 20 percent down. No seller financing. This is a turn key property waiting for an efficient operator to increase the occupancy. Listed in association with a broker of record from Kansas. A brand new roof is being installed. All offers due by October 15. Don't miss out on this deal.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$57 USD /SF

# OF ROOMS

41

PRICE/ROOM

$38,415 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rodeway Inn & Suites Hesston

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2003

PARKING SPACES

54

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,169 SF

ZONING

C-2

APN/PARCEL ID

035-15-0-10-01-003.02-0

ASK ABOUT THIS PROPERTY

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818-424-0386

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Sofia HiraniColdwell Banker ExclusiveMore Info
818-424-0386

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