Second Price Reduction!  Owner Financing a possibility for a qualified candidate!  Very profitable 32-unit independent in central Kansas.  Several construction and development projects scheduled for 2021.  There is also a very large, 2-bedroom living quarters on-site with a full kitchen.  Solid opportunity for an on-site owner and first-time buyer!

Executive Summary

Second Price Reduction!!  

If you are looking for an owner operated motel, please consider the Crossroads Inn in Osborne, Kansas.   This very profitable 32- unit motel offers no flag or franchise fees.  There is also a very nice, 2-bedroom living quarters on-site with a full kitchen and separate entrance.  Owner will consider financing the sale with a solid down payment!

Although Osborne is a small market, there are several demand generators in the community, each of which contribute to the hospitality market:

  • Osborne Industries – plastic fabrication company
  • Star Seed – agricultural company
  • Osborne County Memorial Hospital – recently completed a 40,000 sq. ft. expansion
  • Parkview Care Center – senior assisted living residence

The hotel is located at the intersection of highways 281 and 24, just an hour northeast of Hays, KS (population of 20,500 located on I-70).   The Crossroads Inn is a convenient stopover for truck route salespeople and construction crews.  The area is also extremely popular with hunters in the winter months.

If you are looking for an owner operated independent property with strong cash flow, please call or email today!

Property Details

Address
933 N 1st St, Osborne, KS 67473
Price
$550,000 
Rooms
32 
Price Per Key
$17,187 
Property Type
Limited Service 
Revenue
 
Website
 

Hotel Description

 

  • Second Price Reduction!
  • Owner financing a possibility for a qualified candidate!
  • Located at the intersection of Highways 281 & 24
  • NEW 83 Solar panel system on roof (2019) – greatly reduces electrical cost
  • NEW digital PTAC units
  • Flat screen TV’s
  • NEW mini fridge in all guestrooms
  • Independent hotel – no franchise fees, no PIP
  • 2-bedroom living quarters w/full kitchen

Contact a Broker

Dave Jones

KS
Phone: 913-499-4725