2920 10th St - Hospitality FOR SALE


Great Bend, KS 67530
$6,000,000 USD
818-357-5156
2920 10th St, Great Bend, KS for Sale
$6,000,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

2920 10th St
Great Bend, KS 67530


HIGHLIGHTS

  • 90 Rooms
  • 2 Story Hotel with Indoor Pool
  • Top Rated Hotel in Excellent Condition
  • Consistent Strong Revenue - 2024: $1,802,667, 3-Year Average: $1,877,925
  • Located at the Intersection of Highways 56, 96, 156, & 281
  • Manager's Residence Available

OVERVIEW

The Best Western Angus Inn is a 90-unit hotel located in Great Bend, KS. The hotel has consistently strong business, with a 3-year average revenue of approximately $1.87M, and is highly profitable with a 33% NOI margin in 2024. STR data indicates additional upside potential to capture a greater share of the market, with a RevPAR Index of 74%. The property is in excellent condition, featuring strong reviews and high ratings online. Auto-transfer of Best Western membership is expected. Significant renovations have been completed in recent years, including a new roof in 2024 and the ongoing installation of new 50" TVs. Interested buyers are invited to contact us for further information, to schedule a property visit, or to submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$125 USD /SF

# OF ROOMS

90

PRICE/ROOM

$66,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Angus Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1977

PARKING SPACES

120

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

NR06

APN/PARCEL ID

189-29-0-40-42-008.00-0

ASK ABOUT THIS PROPERTY

Eric WoldAmber Hotel CompanyMore Info
818-357-5156

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Eric WoldAmber Hotel CompanyMore Info
818-357-5156

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