Super 8 - Junction City, KS

Revenue increase of $56,500 & Net Income increase of $19,100 in 2017. I-70 Interstate location with great visibility! Many recent improvements make this idea for an owner operator to step into. Plus, it features a very nice 1100 sq. ft. living quarters. Many property offerings describing the listing as a "perfect for owner-operator", but this one does truly fit that description. PIP should be minimal.

Property Details

Address 1133 S. Washington St., Junction City KS 66441 (view map)
Price $1,249,000
Rooms 82
Price Per Key $15,613
Property Type Limited Service
Revenue $525,000 - 2017

Executive Summary

PRICED AT ONLY 2.4X the 2017 Room Revenue!!  11.7% Cap Rate!!

Offered at less than $16K per key, this 82 unit (72 rentable) Super 8 offers an interstate location on I-70 in Junction City, KS. The hotel has many recent improvements, including new beds and bedding, headboards, drapes, carpet, textured walls and flat screen TV’s throughout. The owners completely remodeled both the lobby and breakfast area.  There is also a very nice, 1100 square foot living quarters on site!

The hotel is located adjacent to Fort Riley, a massive military installation. The base trains nearly 63,000 troops & civilians annually in basic combat, engineering, chemical warfare and military police. The massive base covers 102,000 acres and the financial impact on the region is estimated to be nearly $2,000,000,000.

In addition to the interstate location the Super 8 is near many of the areas demand generators, including Kansas State University, Irwin Army Community Hospital, ConAgra and Foot Locker Distribution Center. The Geary County Convention Center (16,000 square feet of meeting space) is also nearby.

If you are looking for a well maintained hotel in an active market with increasing revenue and little to no PIP, this I-70 property deserves your attention. Please call or email for a CA today!


Contact an Associate

Brent Jaynes, Managing Partner Brent Jaynes, Managing Partner
913-499-4731 (office)
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Dave Jones, Principal Dave Jones, Principal
913-499-4725 (office)
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Hotel Description

  • Revenue increase of $56,500 and Net Income increase of $19,100
  • 11.7% Cap Rate at Offering Price
  • 2-story, exterior corridor
  • Direct I-70 visibility
  • 100% Non-Smoking
  • NEW Beds & Bedding
  • NEW Headboards
  • NEW Drapes
  • NEWER Carpet
  • NEWER Textured Walls
  • NEWER Flat Screen TV's
  • Microwaves & Mini Fridges
  • NEW Lobby & Breakfast Area
  • Guest Laundry
  • 1100 square foot Living Quarters
  • Ample Truck, Bus & RV parking