Hotel Investment or Retail Pad Opportunity

Hospitality for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30676204
Property Subtypes: Hotel, Other
Number of Units: 45 Units
Building Size (RSF): 19,008 SF
Gross Building Area: See Agent
Gross Land Area: 1.12 Acres
Sale Price: $750,000
Unit Price: $16,666.67 Per Unit
Property Use Type: Investment
Name of Establishment: Super 8 / OYO Hotel
Franchised Business: Yes
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/13/2021

Overview / Comments

HOTEL INVESTMENT OR RETAIL PAD OPPORTUNITY

Super 8/Oyo Hotel located in Pratt, KS with 45 total rooms.​ The property is located directly off of Hwy.​ 54/400 next to several national retailers and restaurants.​ Potential redevelopment opportunity for use as a retail pad site.​

PROPERTY INFORMATION:
- 48,984 SF Site (1.12 Acres)
​- Zoned: CS Highway Service District
​- Located directly off of Hwy. 54/400 in Pratt, KS
​- Half mile from Pratt Community College (Total Enrollment: 1,383)
​- Area Users: Casey's, Walmart Supercenter, Dollar Tree, Taco Bell, McDonald's, Arby's, Hibbett Sports, Tractor Supply Co. and Orscheln Farm & Home

HOTEL HIGHLIGHTS:
- 45 Rooms
​- Building Size: 19,008 SF
​- Year Built: 1991
​- Interior Corridors
​- Sprinkler System
​- Guest laundry & business center
​- Ample parking stalls
​- Breakfast & bar area
​- ADA Accessible
​- Vending machines, microwaves, coffeemakers, LCD TV's and mini-fridge in each room

Attachments & Media

Additional Details

Nearest MSA: Hutchinson
County: Pratt
Tax ID/APN: 0760873500001008010
Zoning: CS HIGHWAY SERVICE DISTRICT
Property Visibility: Excellent
Largest Nearby Street: U.S. 54/400
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1991

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,227 6,543 7,493
Median Age: 37.32 39.53 40.42
Households: 444 2,732 3,096

Contact

Photograph of Listing Agent

Troy Farha

NAI Martens
KSCRE Member
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