3538 US 40 - Hospitality FOR SALE


Oakley, KS 67748
$1,950,000 USD
818-851-3315
3538 US 40, Oakley, KS for Sale
$1,950,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

3538 US 40
Oakley, KS 67748


HIGHLIGHTS

  • 48 Room, 2 Story, Independent Hotel Priced Less than 2.5X 2025 Revenue ($844K)
  • Absentee Owned for Over 10 Years; Strong Upside Potential for an Onsite Operator
  • Ownership Regularly Renovates the Property and Maintains it in Great Condition
  • Top Rated Hotel on TripAdvisor with Many Repeat Guests
  • Property Includes 16 RV Hook-Ups Providing Additional Revenue Stream with Minimal Operating Costs
  • Located on Interstate 70 Between Kansas City and Denver, CO

OVERVIEW

The Kansas Country Inn is a 48 room independent hotel located in Oakley, KS. It 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 regularly renovates the property to maintain it in great condition. Ownership is absentee and has owned the hotel for over 10 years. They operate the business with a full staff: approximately 7 front desk, 4.5 housekeeping, 1 maintenance, 1 manager. There is significant upside opportunity for an onsite operator to maximize the profit potential of the business. 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, 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

$1,950,000 USD

PRICE/SF

$95 USD /SF

# OF ROOMS

48

PRICE/ROOM

$40,625 {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

1978

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 Notice.