901 S Fossil St - Hospitality FOR SALE


Russell, KS 67665
$1,200,000 USD
818-851-3315
901 S Fossil St, Russell, KS for Sale
$1,200,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

901 S Fossil St
Russell, KS 67665


HIGHLIGHTS

  • 64 Room, 2 Story, Independent Hotel
  • 2023 Revenue $383,020
  • Located Along Interstate 70 Between Denver, CO and Kansas City, KS
  • Ownership Continually Reinvests in the Property and Maintains it in Great Condition
  • Absentee Ownership with Significant Upside Potential for Owner-Operator
  • Manager's Apartment Available

OVERVIEW

The Lodge at Russell is a 64 room independent hotel located in Russell, KS. Russell is located along interstate 70 between Denver, CO and Kansas City, KS. Interstate 70, US Route 40, and US Route 281 converge in Russell, making it a convenient hub for travelers. The hotel is made of concrete block with brick veneer. Ownership continually reinvests in the property to maintain it in great condition. Ownership is absentee and operates the hotel with a full staff: approximately 4 front desk, 3.5 housekeeping, 1 maintenance, 1 manager. There is significant upside potential for an owner-operator. 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

$1,200,000 USD

PRICE/SF

$46 USD /SF

# OF ROOMS

65

PRICE/ROOM

$18,462 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Lodge At Russell

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1970

PARKING SPACES

64

LAND DETAILS

LAND ACRES

4.39 AC

LAND SF

191,228 SF

ZONING

C-2

APN/PARCEL ID

148-34-0-40-01-009.00-0,172-03-0-10-01-001.00-0,172-03-0-10-01-002.00-0

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.