$205,000 Price Reduction!  This absentee-owned Super 8, located in southwest Kansas, is being offered at $32,324/room and at a Cap Rate of 12.2% of the asking price.  This definitely shows motivation on the part of ownership.

 

Executive Summary

$205,000 PRICE REDUCTION!!  Now offered at only $32,324/room!!

The Super 8 Liberal, is located in Liberal, KS, a town of 20,500 in southwest Kansas. This hotel, located off Route 54 & 83, boasts all the attributes of an attractive investment, including an active community, superior net income and a Cap Rate at 12.2% of the list price! 

There are several local demand generators in the area, which is known for its strong energy and agriculture background. The beef industry (ranches, feed lots and packing plants) is Liberal’s largest source of employment, with National Beef Packing Company having a large processing plant in town. Trucking is a major industry as well. Dorothy’s House and the Land of Oz are attractions from “The Wizard of Oz” movie. The area also boasts excellent pheasant and quail hunting.

Southwest Medical Center serves as a regional hospital to southwest Kansas and Seward Community College currently offer 40 majors for students. Liberal is also the county seat of Seward County, providing steady government business.

The hotel has a total of 71 guestrooms, including a variety of room types, including executive suites and a kitchenette. Guest amenities include flat screen TV’s, microwaves and mini fridges in all guestrooms, in indoor pool and guest laundry. There is also ample RV and truck parking.

This Super 8 features all the attributes of an attractive investment. Please call or email for a CA.

Property Details

Address
747 E. Pancake Blvd., Liberal, KS 67901
Price
$2,295,000 
Rooms
71 
Price Per Key
$32,324 
Property Type
Limited Service 
Revenue
Call or Email for CA 
Website
 

Hotel Description

  • $205,000 Price Reduction!
  • Offered at only $32,324/room
  • Located off Route 54 & 83 near major attractions and demand generators
  • Absentee-owned
  • 2 floors, interior corridor
  • 12.2% Cap Rate at the list price
  • Variety of room types, including executive suites and a kitchenette
  • Indoor Pool
  • 42” Flat Screen TV’s
  • New washer & dryer (2017)
  • New hot water heater (2017)
  • Guest Laundry
  • Ample semi-truck parking

Contact a Broker

Dave Jones Headshot

Dave Jones

KS
Phone: 913-499-4725