PRICE IMPROVEMENT! Introducing Quality Inn Ark City at 3232 N Summit, Arkansas City KS 67005. This 61,875 SF hotel, featuring 88 rooms on 6.30+/- acres of land, presents a prime investment opportunity now priced at $1,895,000. With a recent renovation investment exceeding $739,000, the property offers investors a low price per key of $23,295 and a remarkable price per square foot of $33.13. Boasting amenities like complimentary breakfast, indoor pool, fitness center, business center, and conference space, Quality Inn Ark City provides an attractive package for potential buyers. The location, coupled with the potential to increase revenue through various strategies like local employer contracts, bar/restaurant development, outdoor storage units and banquet hall utilization, sets the stage for a lucrative investment. Don't miss out on the chance to maximize ROI and acquire a valued asset in Arkansas City.
Notice to Potential Visitors:
Please do not appear at the property without scheduling an appointment in advance. Unannounced visits will not be accommodated. To view the hotel or for more information, please contact us to arrange a suitable time for a showing.