Executive Summary
$175,000 PRICE REDUCTION!!
This 48 room independent property is located off I-70 in Junction City, Kansas. Junction City is a town of 23,500 two hours east of the Kansas City metro area. It is in close proximity to Fort Riley Military Installation. The absentee-owner is motivated to create a deal and has priced the hotel aggressively at only $10,417/key. The hotel is closed.
The hotel consists of two exterior corridor buildings. The main building houses 28 guestrooms (Single Queen, Double Queen and King). The second building consists of 20 oversized units and have excellent extended stay business capability. All rooms come with flat screen TV’s, a microwave and mini fridge. There is also a very spacious living quarters on-site that includes a full kitchen, four bedrooms and four full bathrooms.
Junction City has historically been a strong hospitality town, and it appears that with the right renovation, marketing plan and re-position, this property could succeed. Notable demand generators include:
- Fort Riley Military Installation
- Kansas State University in nearby Manhattan, KS
- Irwin Army Community Hospital
- Millford Lake
- Flint Hills
- Foot Locker Distribution Center
- ConAgra Foods
