Closed 48-key independent motel located on I-70 adjacent to Ft. Riley military base.  Priced at only $10,417/room!  Motivated west coast ownership group looking to make a deal!

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

 

Property Details

Address
110 E. Flint Hills Blvd., Junction City, KS 66441
Price
$500,000 
Rooms
48 
Price Per Key
$10,417 
Property Type
Limited Service - Interstate 
Revenue
 
Website
 

Hotel Description

  • $175,000 Price Reduction!
  • I-70 Interstate location
  • Strong hospitality market in town of 23,500
  • Absentee-owned & closed
  • Adjacent to Ft. Riley military base
  • Flat Screen TV’s
  • Mini fridges & microwaves
  • 20 oversized rooms in second building – extended stay capability
  • Guest Laundry
  • Large parcel with ample truck and bus parking
  • Spacious 4-bedroom, 4 bathroom living quarters with full kitchen

Contact a Broker

Dave Jones

KS
Phone: 913-499-4725