3538 US 40 - Hospitality FOR SALE


Oakley, KS 67748
$2,100,000 USD
818-851-3315
3538 US 40, Oakley, KS for Sale
$2,100,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

3538 US 40
Oakley, KS 67748


HIGHLIGHTS

  • 48 Room, 2 Story, Independent Hotel - Manager's Apartment Available
  • 2023 Revenue $838,298
  • Located Along Interstate 70 Between Denver, CO and Kansas City, KS
  • Top Rated Hotel in the Area on TripAdvisor
  • Ownership Continually Reinvests in the Property and Maintains it in Great Condition, Includes 16 RV Hook-Ups Providing Additional Revenue Stream
  • Absentee Ownership with Significant Upside Potential for Owner-Operator

OVERVIEW

The Kansas Country Inn is a 48 room independent hotel located in Oakley, KS. Oakley is located along Interstate 70 between Kansas City and Denver, CO. Interstate 70, US Route 82, and US Route 40 converge in Oakley, making it a convenient hub for travelers. The Kansas Country Inn is the top-rated hotel in the area on Tripadvisor and benefits from many repeat guests. The hotel is made of solid concrete block construction and ownership continually reinvests in the property to maintain it in great condition. Ownership is absentee and operates the hotel with a full staff: approximately 7 front desk, 4.5 housekeeping, 1 maintenance, 1 manager. There is significant upside potential for an owner-operator. The property features 16 full RV hook-up sites with 30- and 50-amp electric, sewer, and water hookups, as well as free Wi-Fi, and shower houses. The RV business provides an additional revenue stream for the hotel with minimal operating costs. Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or 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

$2,100,000 USD

PRICE/SF

$103 USD /SF

# OF ROOMS

48

PRICE/ROOM

$43,750 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kansas Country Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.84 AC

LAND SF

123,710 SF

ZONING

C1

APN/PARCEL ID

011-02-0-30-05-018.00-0

ASK ABOUT THIS PROPERTY

Oliver CooperAmber Hotel CompanyMore Info
818-851-3315

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Oliver CooperAmber Hotel CompanyMore Info
818-851-3315

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