3698 US 40 - Hospitality FOR SALE


Oakley, KS 67748
$4,950,000 USD
970-689-5933
3698 US 40, Oakley, KS for Sale
$4,950,000 USD
Hospitality - FOR SALE
1/12
null | 9.02% Cap Rate

3698 US 40
Oakley, KS 67748


HIGHLIGHTS

  • In Place 3x's RRM
  • Price Per Key $79k, Significantly Lower than Replacement Cost
  • 8.5% T12 Cap Rate - Stabilized 11.6% Cap Rate
  • 89% RevPAR Comp Set Index
  • 1M Down Payment - COC Return 22%

OVERVIEW

Please Click Here to View Virtual Tour & Due Diligence: https://www.tammenhospitality.com/exclusive-listings?propertyId=sleepinnoakley

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$157 USD /SF

# OF ROOMS

62

PRICE/ROOM

$79,839 {currency}

CAP RATE

9.02%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sleep Inn & Suites Oakley I-70

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2009

PARKING SPACES

81

LAND DETAILS

LAND ACRES

2.6 AC

LAND SF

113,256 SF

ZONING

C1

APN/PARCEL ID

011-01-0-00-01-006.00-0

ASK ABOUT THIS PROPERTY

Bryan SwansonTammen Hospitality PartnersMore Info
970-689-5933

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

Bryan SwansonTammen Hospitality PartnersMore Info
970-689-5933

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