Super 8 - Dodge City, KS

This 63 room Super 8 motel in Dodge City is located in the Western part of Kansas off of two heavily traveled Routes. The current owners are absentee owners (Colorado) who neither live nor own other motels in the area. This property has been a consistent performer and is priced well below the replacement cost of a newly constructed motel. This Super 8 is an excellent opportunity for the investor who still wants to take advantage of the relatively low financing interest rates.

Property Details

Address 1708 West Wyatt Earp Blvd, Dodge City KS 67801
Price $2,400,000
Rooms 63
Price Per Key $38,000
Property Type Limited Service--Interior Corridor
Revenue $800,375

Executive Summary

This Super 8 motel in located in the historic downtown of Dodge City off the heavily traveled Highway 50/56. Dodge City with a popuation of nearly 30,000 has long been known as a vibrant hospitality market which has been able to withstand the addition of several new hotel properties. The new casino and civic conference center as well as other major market generators such as Cargill, National Beef, Dodge City Community College, Dodge City Raceway (sprint cars), and Dodge City Days ( a 10-day celebration between July 26-August 4). The area is the Southwest Kansas "hub" for meetings and events, and hosts more than 50 regional events. The new Civic Conference/Arena attracts a variety of events from farm and equipment shows to sporting events such as soccer tournaments. Dodge City boasts one of the highest "pull factors" in Kansas--it's obvious the City has taken huge steps to promote business and attract all types of visitors, from the tourist and sports teams to the business traveler.

The hotel is absentee owned out of Colorado and is offered at $38,000/room to give the new buyer a competitive pricing advantage over newly constructed hotels. The property has been well maintained and has a pleasing sense of arrival. The property has been a consistent performer with a strong cash flow in a very nice progressive community. Please call or email me for a CA.

 

Contact an Associate

Rick Hagerman Rick Hagerman
913-220-1080 (office)
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Hotel Description

  • Located on main thoroghfare or street (Wyatt Earp Blv)
  • Festivals--"Dodge City Days" over 50 events lasting10 days
  • Casino nearby
  • City Civic & Conference Centers nearby
  • Cargill & National Beef (employment over 6,000) nearby
  • 63 keys
  • 2 floors, Interior Corridors, built 1982
  • Flat Screen HD TV's
  • Microwaves & Fridges
  • Outdoor Pool
  • Parking accomendations for trucks, RV's, and trailers