3404 Vine St - Hospitality FOR SALE


Hays, KS 67601
$1,200,000 USD
405-810-1414
3404 Vine St, Hays, KS for Sale
$1,200,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

3404 Vine St
Hays, KS 67601


HIGHLIGHTS

  • Excellent location off I-70
  • City of Hays recognized as Best Small Cities to Live in by BestPlaces.net
  • Close to major demand generators

OVERVIEW

• Closed as of 9/1/2024 • Under $14K per unit asking price • Absentee out of state owner • Excellent location in great city • Substantial upside for an owner operator / hands on ownership This Choice Hotels branded Rodeway Inn in Hays, KS is an 87-room, 2-story exterior corridor hotel with an excellent location off I-70. Hays, Kansas is situated between Denver and Kansas City and has consistently been recognized as one of the “Best Small Cities to Live In” by BestPlaces.net due to its high quality of life, affordable cost of living, and strong sense of community. Hays, Kansas, serves as the idyllic backdrop for the Avid Hotel, offering a blend of Midwestern charm and modern convenience. Nestled in the heart of Ellis County, this vibrant community seamlessly marries small-town warmth with an array of amenities. The hotel is strategically situated, providing easy access to local attractions such as Fort Hays State University, Cedar Bluff State Park and the Sternberg Museum of Natural History. It also has close proximity to historical downtown Hays/Chestnut Street District, where there are a variety of shops, restaurants, and cultural experiences. Please contact Peter Holmes for all tours. Please do not visit the hotel without signing a CA & making an appointment with the listing broker.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$50 USD /SF

# OF ROOMS

87

PRICE/ROOM

$13,793 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

*CLOSED* former Rodeway Inn Hays

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1974

PARKING SPACES

112

LAND DETAILS

LAND ACRES

2.41 AC

LAND SF

104,980 SF

ZONING

R1

APN/PARCEL ID

138-27-0-20-02-009.00

ASK ABOUT THIS PROPERTY

Peter HolmesHotelBrokerOneMore Info
405-810-1414

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Peter HolmesHotelBrokerOneMore Info
405-810-1414

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