Location: I-70 - Central US
Price: $1,750,000
Rooms: 43
Price Per Key: $40,698
Property Type: Limited Service Highway
Revenue: $507,443

Description

Built 2000                                            25” TV’s
Interior corridor                                    HSIA (wireless)
Mini suites w/mini fridge and microwave
Truck parking                                       Indoor hot tub

Low maintenance brick exterior            Newer roof

3 Acres m/l                                           Keyless entry

Overview

This Super 8 was built by a well known and respected developer. The  I-70 property benefits from the heavily traveled rural interstate together with a well known and highly advertised franchise. The Super 8 has maintained most of its revenue in spite of a new Best Western in town. The hotel has consistently produced $460-$500K, and should be in range of $475K in 2007.

 

Given the size of the property, it is ideally suited for an owner-operator or family operation, especially if one were to eliminate the management salary. The hotel sits on approximately 3 acres, providing ample truck parking, or expansion room or, even the addition of a C-Store. You will be pleasantly surprised with this hotel and its ease of operation.

 

Call for a Confidentiality Agreement.

Contact

Brent Jaynes ~ 913-894-5252
info@leisurerealestate.com

Additonal Information

Contact Listing Broker for More Details