2016 Revenue of $548,600. Priced at 2.5X! Many recent improvements, a highway location, increasing revenue and strong cash flow make this a great fit for an owner/operator. Please call today for details!

Executive Summary

HOTEL UP $36,000 over 2015!  Priced at 2.5x and SBA Financing Available!

This Super 8 is located off of busy US Highway 75 (4-lane divided highway) in the town of Holton, KS.  Holton is 32 miles north of Topeka and 90 minutes from the Kansas City metro area.  Area attractions include the Prairie Band Casino, Firekeeper Golf Course (#1 rated course in Kansas), Banner Creek Reservoir and Thunder Hill Speedway.  Firekeeper Golf Course annually holds 3-4 regional and national tournaments and the Super 8 is a preferred hotel partner.  Holton is also the County seat of Jackson County, Kansas, providing a fair amount of government business.

This absentee-owned 36-room, interior corridor property has a nice curb appeal with NEW EXTERIOR PAINT and INTERIOR PAINT in the common areas.  Other improvements include new signature Super 8 headboards, flat screen TV’s and textured walls in all guestrooms.  It has a strong cash flow because it is easy to run with no swimming pool and limited public areas.  Business was great in 2015 and 2016!

Given the price point of the offering, a highway location, increasing revenue and a market with built-in demand generators, we believe that this offering will attract attention. SBA Financing Available so please call today!!

Property Details

Address
300 Arizona Ave., Holton, KS 66436
Price
$1,375,000 
Rooms
36 
Price Per Key
$38,194 
Property Type
Limited Service 
Revenue
$548,600 

Hotel Description

  • NEW Exterior Paint
  • NEW Interior Paint – Common Areas
  • Keyless entry
  • Newer Beds, Bedding and Knockdown Walls
  • All rooms with mini fridge & microwave
  • Guest Laundry
  • Whirlpool Suites
  • 32″ Flat Screen TV’s
  • Ample Truck Parking
  • Quiet Community

Contact a Broker

Dave Jones

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