100 Hammons Dr - Hospitality FOR SALE


Junction City, KS 66441
$6,000,000 USD
602-695-6650
100 Hammons Dr, Junction City, KS for Sale
$6,000,000 USD
Hospitality - FOR SALE
1/1
null | 7.2% Cap Rate

100 Hammons Dr
Junction City, KS 66441


HIGHLIGHTS

  • Built in 2007 and maintained by the same owner since opening.
  • 83-room, IHG-flagged, limited-service hotel with established brand recognition.
  • Located minutes from I-70, Kansas State University, and Fort Riley Army Base.
  • Amenities include laundry facilities, fitness center, and outdoor sports courts.

OVERVIEW

Candlewood Suites in Junction City, Kansas, presents an opportunity to acquire an IHG-flagged, limited-service hotel strategically located near major demand drivers. Built in 2007 and under the same ownership since inception, this 83-room property offers a well-maintained structure with readiness for a Property Improvement Plan (PIP). The hotel benefits from its proximity to Interstate 70, Kansas State University, and Fort Riley Army Base, ensuring a steady flow of leisure and business travelers. On-site amenities include a laundry room, fitness center, and access to tennis and basketball courts, enhancing guest satisfaction and length of stay. This asset is positioned for investors seeking a stable hospitality property with brand affiliation and upside potential through operational enhancements and PIP completion. Offered at $6,000,000 with a CAP rate of 7.2%, the property provides an attractive entry point into a strong regional market with consistent lodging demand.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$163 USD /SF

# OF ROOMS

83

PRICE/ROOM

$72,289 {currency}

CAP RATE

7.2%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Candlewood Suites Junction City Fort Riley

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2007

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.7 AC

LAND SF

117,612 SF

ZONING

HOTEL/MOTEL

APN/PARCEL ID

111-12-0-10-09-004.01-0

ASK ABOUT THIS PROPERTY

Neil ShermanSPERRY-Insignia CREMore Info
602-695-6650

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Neil ShermanSPERRY-Insignia CREMore Info
602-695-6650

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