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Americas Best Value Inn Arkansas City 1617 N Summit St

47 Room Hotel Arkansas City, KS 67005 $1,215,810 CAD ($25,868 CAD/Room)

Investment Highlights

  • Property is situation on the main road around all the food and shopping
  • Building a new Starbucks block away
  • Multiple Casinos within couple of miles
  • Major Corridor between (no toll) North IOWA, Kansas and south Kansas Oklahoma Arkansas
  • McDonalds, Wendys, Taco Bell , Arby's, Love Gas station, Japanese Stake House, Dollar Tree, Ace hardware, Walmart close by

Executive Summary

Franchise Hospitality Business with property for sale, Americas Best Value Inn Franchise part of Red Lion and Sonesta.
47 Rooms, Total of three buildings swimming pool. Office with living quarter 3 bedrooms & 3 bathrooms. Breakfast lobby, office.
almost 7 acres of land. Barnd new roof less than 3 years, All metal 30 years roof(130k) will save you money on insurance, property is located in the middle of the town with shops around. McDonald, Wendys, Taco Bell, Long Jong Silver, Arby's Aces Hardware dollar tree, Starbucks is building a new Coffee shop, Restaurants. Location is corridor for from North Kansas to South Kansas to Oklahoma, Multiple casinos with in 5 miles. Narby big Business included Creekstone Farms, Rubbermaid, GE Kemps and others. Absentee owner please do not disturb employees, Direct sales no broker involved to keep cost low to the new owner. No owner financing, Price Based on 3.65

Property Facts

Price $1,215,810 CAD
Price Per Room $25,868 CAD
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 6.60 AC
Building Size 15,596 SF
No. Rooms 47
No. Stories 1
Year Built/Renovated 1964/2000
Parking Ratio 3.98/1,000 SF
Corridor Exterior
Opportunity Zone Yes

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 47 $110.92 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
306-24-0-10-01-010.00-0
Land Assessment
$16,199 CAD
Improvements Assessment
$121,514 CAD
Total Assessment
$137,713 CAD

zoning

Zoning Code C-3 (General Commercial District)
C-3 (General Commercial District)
  • Listing ID: 34134186

  • Date on Market: 2024-05-14

  • Last Updated:

  • Address: 1617 N Summit St, Arkansas City, KS 67005

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