The Bowman Post Group of NewGen Advisory is pleased to present for sale the Motel 6 – Goodland, KS. Located off the I-70 corridor, this 75-room, two-story Motel 6 is just 3 hours to Denver and Colorado Springs and offers an excellent investment opportunity. Centrally located for an owner with a Great Plains investment portfolio, this property could continue to run absentee and would remain a great deal.
Furthermore, for a first-time investor, this would be a terrific property for an owner-operator, as the current management leaves upside to be captured. Currently the Motel 6 – Goodland, KS is operating at just 24.4% of the RevPAR index compared to the competitive set.
Built in 1979, the franchise-operated property spans 4.80 acres with 80 surface parking spaces. This economy hotel benefits from high visibility and easy highway access. Zoned C2, the property is well-positioned for continued success in the growing hospitality market.