Discover an exceptional investment opportunity with the Rodeway Inn located at 830 US-24, Goodland, KS 67735. Perfect for first-time hotel buyers, seasoned hoteliers, group investors, or hands-on owner-operators, this attractive hospitality asset presents a remarkable chance to capitalize on a prime location along the major I-70 highway.
This substantial 2-story hotel property encompasses a total of 68 guest rooms with exterior corridor access across a sprawling 15,404 square feet. Positioned advantageously on a generous 2.96-acre lot, this hotel is strategically located just two hours from Denver, Colorado, making it an ideal stopover for highway travelers and offering considerable upside potential for revenue growth.
The property uniquely includes two spacious residential apartments: one luxurious 3-bedroom apartment featuring a triple attached garage, ideal for comfortable owner occupancy or additional rental income, and a convenient 1-bedroom manager’s apartment with a fully equipped kitchen located directly above the office.
The hotel complex boasts solid construction, initially established in 1984, with strategic expansions and developments continuing periodically through the 2000s. Significantly, the entire brick building underwent a comprehensive renovation in 2018, ensuring modern amenities and aesthetic appeal throughout.
Notable amenities enhancing guest satisfaction and operational efficiency include:
A mid-size swimming pool housed in a separate building, complete with modern pool equipment
Extensive parking facilities, with over 80 parking spaces including heavy-duty parking accommodating up to 10 trucks, ideal for attracting trucking and logistics clientele
Prime visibility and accessibility directly from the heavily trafficked US Highway 24 and I-70
Potential investors have the flexibility to operate the hotel independently or seamlessly continue its existing affiliation with the well-established Choice Franchise. Importantly, the hotel is fully compliant with Choice Hotels standards, featuring zero Property Improvement Plan (PIP) requirements, complete franchise-specific signage, and other branding assets ready for immediate operation.
Do not miss this rare opportunity to secure a lucrative hospitality investment poised for success and significant returns.