Super 8, (I-70) - Salina , KS

I-70 location in a very active city of 50,000. Solid revenue with very nice net income. This 49-room Super 8 is a great fit for an owner/operator or a nice addition to an existing portfolio. Please call for details!

Property Details

Address 120 E. Diamond Drive, Salina KS 67401 (view map)
Price $2,000,000
Rooms 49
Price Per Key $40,816
Property Type Limited Service
Revenue Call for CA

Executive Summary

Rated 4 stars on TripAdvisor, this well maintained Super 8 produces an attractive income stream.  The hotel is located with superior I-70 visibility, just off Exit 252.  McDonald’s is right across the street.  The all-brick exterior features a pleasing sense of arrival and is easily maintained.  Salina, KS, population 50,000, with the confluence of 2 major interstates,  is a significant crossroads and stop-over point between Denver and Kansas City.  Besides a number of well known businesses, such as Tony's Pizza and Exide Battery, Salina also features the Tony's Pizza Events Center, a 7500 seat arena and an 18,000 sq ft convention facility.  It serves as a significant draw for regional events, meetings and trade shows. Salina boasts one of the highest "pull factors" in Kansas, a very positive economic indicator for business activity and economic growth.

The hotel has a total of 49 rooms.  It is offered at $40,800 per room, well below replacement value. Guest amenities include flat screen TV's, granite vanities, microwaves and mini fridges in all guestrooms, and an indoor pool and spa.  There is also ample RV and truck parking.

We have listed a number of Super 8's, but this one features all the attributes of an attractive investment.  That is, strong cash flow, a strong business model and an active community.  Please call or email for a CA.

 

Contact an Associate

Dave Jones, Principal Dave Jones, Principal
913-499-4725 (office)
Send an Email

Hotel Description

  • Elevated highway pole signage
  • Interior corridor, 2 story
  • All brick exterior
  • Deluxe Kings and Queens with assorted sofa sleepers or recliners   
  • Flat screen TV’s
  • Granite vanities
  • Indoor pool and spa tub
  • Guest laundry                         
  • Truck and RV parking