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401 W Fowler Ave
Medicine Lodge, KS 67104

Copa Budget Inn · Hospitality Property For Sale · 20,931 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.73 AC
Building Size 20,931 SF
No. Stories 2
Year Built/Renovated 1964/2015
Parking Ratio 2.87/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

About 401 W Fowler Ave , Medicine Lodge, KS 67104

The Copa Budget Inn represents an excellent opportunity for an owner/operator to purchase an independent motel with a history of positive cash flow. The offering is a 53-unit exterior corridor hotel in Medicine Lodge, KS, a small community located at the intersection of Highway 160 & 281 in southern Kansas. The hotel has received many improvements within the past 4 years, including new RFD electronic locks, PTAC units and new water heaters and boilers. 24 of the 53 guestrooms have been totally remodeled with new carpet, textured walls with accent paint, 32 LED TV' s, beds, bedding and new tile in the guest bathrooms. New roof was put on 2016. 32" LED TV in all rooms. An owner will also enjoy the very spacious 2-bedroom living quarters on-site. Medicine Lodge offers demand generators such as the Carry A. Nation & Stockade Museum, Gypsum Hills of Kansas, Medicine Lodge Peace Treaty and great hunting in the late fall and winter. Given the history of strong net income, the condition of the hotel and ease of operation, it would be ideal for a family, or a first time buyer. The Copa Budget Inn is offered in a package with The Lodge Inn Motel has 29 rooms. Southern Kansas at the intersection of Highway 160 & 281

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
141-12-0-30-05-002.00-0
Land Assessment
$20,115
Improvements Assessment
$80,443
Total Assessment
$100,557

zoning

Zoning Code TL
TL
  • Listing ID: 12362920

  • Date on Market: 2018-04-24

  • Last Updated:

  • Address: 401 W Fowler Ave, Medicine Lodge, KS 67104

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