Sleep Inn & Suites - Oakley, KS

This newer Sleep Inn is a strong performer with a very attractive NOI. The owners are not hoteliers and it is operated by 3rd party management. While currently well managed, an owner operator could maximize the value by direct supervision. At the asking price and with 20% down, the cash on cash return is approximately 22%.

Property Details

Address 3596 East HWY 40, Oakley KS 67748 (view map)
Price $3,750,000
Rooms 62
Price Per Key $60,484
Property Type Limited Service - Interstate Location
Revenue Call or email for CA-NC

Executive Summary

This newer, developer owned 62 unit Sleep Inn offers a great location and visibility directly off of Interstate 70. It provides a very pleasing "sense of arrival" and the feeling continues when guests enter the hotel.  Guests can enjoy amenities such as an indoor pool and spa and fitness room.  Oakley is just 3.5 hours east of downtown Denver.  Area attractions include Monument Rocks, Prairie Museum of Art & History, Buffalo Bill Bronze Sculpture and the Chalk Pyramids. 

The agricultural business in western Kansas is a significant driver of the economy along with the many businesses that support it.  Energy also plays a role, but not to the extent that it used to.  Unlike many oil producing sections of the country, western Kansas has not been desimated by the drop in oil prices.  It has a more diversified econony with wind energy and oil exploration parts of a larger economy. Besides the business demand generators, Oakley's position between Denver and Kansas City results in a high level of transient traffic.

Given the strong revenue performance of the hotel and accompanying net income, this newer Sleep Inn deserves your attention.  Call or email for a CA today!

Contact an Associate

Brent Jaynes, Managing Partner Brent Jaynes, Managing Partner
913-499-4731 (office)
Send an Email
Dave Jones, Principal Dave Jones, Principal
913-499-4725 (office)
Send an Email

Hotel Description

  • Built in 2009/Original Developer
  • 3 floors w/elevator
  • I-70 Interstate locacation and excellent visibility
  • HSIA
  • Flat Screen TV's
  • Indoor Pool & Spa
  • Fitness Room
  • Business center
  • Suites w/sitting area
  • 100% smoke free