This newer Sleep Inn is a strong performer with a very attractive NOI. The owners are not hoteliers and it is operated by 3rd party management. While currently well managed, an owner operator could maximize the value by direct supervision. At the asking price and with 20% down, the cash on cash return is approximately 22%.

Executive Summary

This newer, developer owned 62 unit Sleep Inn offers a great location and visibility directly off of Interstate 70. It provides a very pleasing “sense of arrival” and the feeling continues when guests enter the hotel.  Guests can enjoy amenities such as an indoor pool and spa and fitness room.  Oakley is just 3.5 hours east of downtown Denver.  Area attractions include Monument Rocks, Prairie Museum of Art & History, Buffalo Bill Bronze Sculpture and the Chalk Pyramids.

The agricultural business in western Kansas is a significant driver of the economy along with the many businesses that support it.  Energy also plays a role, but not to the extent that it used to.  Unlike many oil producing sections of the country, western Kansas has not been decimated by the drop in oil prices.  It has a more diversified economy with wind energy and oil exploration parts of a larger economy. Besides the business demand generators, Oakley’s position between Denver and Kansas City results in a high level of transient traffic.

Given the strong revenue performance of the hotel and accompanying net income, this newer Sleep Inn deserves your attention.  Call or email for a CA today!

Property Details

3596 East HWY 40, Oakley, KS 67748
Price Per Key
Property Type
Limited Service - Interstate Location 
Call or email for CA-NC 

Hotel Description

  • Built in 2009/Original Developer
  • 3 floors w/elevator
  • I-70 Interstate location and excellent visibility
  • HSIA
  • Flat Screen TV’s
  • Indoor Pool & Spa
  • Fitness Room
  • Business center
  • Suites w/sitting area
  • 100% smoke free

Contact a Broker

Brent Jaynes

13000 W 87th St. Pkwy, Suite 108
Lenexa, KS 66215
Phone: 913-499-4731
Fax: 913-499-4771

Dave Jones

13000 W 87th St. Pkwy, Suite 108
Lenexa, KS 66215
Phone: 913-499-4725