820 S Washington St - Hospitality FOR SALE


Junction City, KS 66441
$1,200,000 USD
913-906-8600
820 S Washington St, Junction City, KS for Sale
$1,200,000 USD
Hospitality - FOR SALE
1/24
null | Request Cap Rate

820 S Washington St
Junction City, KS 66441


HIGHLIGHTS

  • Turnkey Operation — 32 updated rooms with newly installed kitchenettes on select units
  • 80% Occupancy — Stable extended stay guest base driving consistent year-round income
  • Land Upside — 80,150 SF lot on I-70 with multifamily or repositioning potential
  • Owner-Operator Ready — On-site living quarters included for hands-on management

OVERVIEW

BUDGET HOST INN | JUNCTION CITY, KS | 32-ROOM EXTENDED STAY HOTEL | I-70 CORRIDOR Reco Real Estate Advisors presents the Budget Host Inn at 820 S. Washington Street, Junction City, Kansas — a 32-room income-producing hotel operating at approximately 80% occupancy through a stable, recurring extended stay guest base. This is a turnkey opportunity for an owner-operator or first-time hotel investor seeking reliable cash flow, institutional demand drivers, and significant upside potential. Located immediately adjacent to Fort Riley Military Base — one of the largest active-duty Army installations in the United States — the property benefits from year-round lodging demand generated by military personnel, civilian employees, contractors, and visiting families. Additional demand drivers include Geary Community Hospital, major regional employers, and consistent event-driven traffic from the greater Junction City market. The property features 32 recently updated guest rooms including select rooms with newly installed kitchenettes, an on-site owner's living quarter, RV parking with full hook-ups, and direct I-70 highway visibility. At approximately $4,500/year in brand royalties, Budget Host affiliation carries one of the lowest flag costs in the industry — giving a new owner maximum operational flexibility from day one. For investors with a multifamily or workforce housing lens, the existing kitchenette infrastructure and 80,150 SF land parcel present a compelling conversion opportunity to serve the growing housing demand in the Fort Riley corridor. Please sign the NDA to access the full Offering Memorandum and financial documents. Do not contact or visit the property without permission.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$92 USD /SF

# OF ROOMS

32

PRICE/ROOM

$37,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Budget Host Golden Wheat Budget Host Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

csr

APN/PARCEL ID

116-13-0-20-02-001.00-0

ASK ABOUT THIS PROPERTY

Dharam ChaudhariRECO REAL ESTATE ADVISORSMore Info
913-906-8600

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Dharam ChaudhariRECO REAL ESTATE ADVISORSMore Info
913-906-8600

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