Listed by RE/MAX Pro
$1,700,000
Abilene Hotel Investment Opportunity Near I-70
Details
APN 021-112-09-0-10-02-004.01-0
Property Type Hospitality
Sub Type Hotel
Square Footage 22,899
Keys 58
Beds 100
Cap Rate 12%
NOI $204,000
Occupancy 78%
Brand/Tenant Super 8 Motel
Price per SqFt $74
Year Built 1989
Year Renovated 2020
Buildings 1
Stories 3
Acreage 1.610
Zoning c3
Investment Type Stabilized
Occupancy Date 03/31/2026
Ownership LLC
58 Rooms | Updated Property | High Visibility Location | Abilene, KS
Marketing description
Looking for a great investment property with excellent visibility to I-70? This property sits right on the on ramp to I-70 and is conveniently located next to 24/7 truck stop and several fast food restaurants. The 58 room property has been recently updated to Super 8 standards. Lots of parking is available with truck parking in the rear. Easy access in and out make this a great choice for the travelers. Abilene is located just east of Salina and is a frequent layover for many people traveling across Kansas. Call Mike Downing today to see this property. 785-249-2134
Investment highlights
Financials are available with CA signed.
Listing Contacts
Listed by RE/MAX Pro
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$204,000.00
$17,000.00/mo
Valuation Metrics
0
DSCR
12%
Cap Rate
12%
ROI
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