Executive Summary
The Brooks Motel is located in Norton, Kansas approximately 15-miles south of the Nebraska border. The City, with an estimated population of 2,800, is the county seat of Norton County. Norton is approximately 60-miles south of I-80 and 60-miles north of I-70.
The 35-room exterior corridor property is comprised of three buildings and was built in 1951. The property is situated on a 1.58-acre lot (according the Norton County Assessor). Guest rooms feature a flat panel TV with DirecTV, refrigerator, microwave, Wi-Fi, and a coffee/tea maker. The property also offers a continental breakfast, free parking and Wi-Fi throughout.
The well cared for property boasts two separate manager’s apartments. The first is located behind the front desk and is a one-bedroom apartment. The second is a more expansive two-story apartment with two bedrooms and a living room and kitchen.
There are a variety of dining options nearby which include Subway (walking distance), Sonic (walking distance), Dairy Queen, Pizza Hut, Las Canteras, Destination Kitchen, Pfonz’s Grill and Town & Country Kitchen.
Major employers located in the City include New Age Industrial Corporation, the Norton County Hospital, Valley Hope Association, Andbe Home, Prairie Land Electric, Natoma Corporation, Nex-Tech, Inc. and the Kansas Department of Transportation. The property is convenient to Prairie Dog State Park which is home to a large lake that hosts fishing tournaments. Hunting and fishing contribute significant seasonal demand.
The large manager’s apartment, manageable room count and consistent historical revenue make this property standout as a particularly good fit for first-time buyers and/or owner-operators.
