Listed by NewGen Advisory
$575,000
Peddler's Inn Motel
Details
Property Type Hospitality
Sub Type Hotel
Keys 47
Year Built 1980
Year Renovated 2024
Stories 2
Acreage 2.300
Investment Type Value Add
Motivated Seller, Independent Motel, Manger's Apartment-47 Rooms
Marketing description
Devesh “Devo” Ragha of NewGen Advisory is proud to present the for sale of Peddler’s Inn, an established 47-room independent economy hotel operating since 1984. Situated on 2.30 acres in Ulysses, Kansas, this two-story masonry-built property spans approximately 27,190 square feet with exterior corridors and includes 800 square feet of meeting space, making it suitable for small gatherings or business events. With its stable operations and well-maintained structure, the Peddler’s Inn offers an appealing opportunity for investors seeking a value-add hospitality asset within a small but active market.
Investment highlights
- Fully renovated in 2024
- Rebranding opportunity / Perfect for a first time buyer
- Manager’s apartment onsite
- Property trending up since completing renovation
- Value-add opportunity with hands on operator
- Motivated seller - bring all offers in writing
Listing Contacts
Listed by NewGen Advisory
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Zoning
C-3 CommercialSpecial CommercialHeavy Commercial
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