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Budget Lodge Inn 116 NW 14th St 50 Room Hotel Abilene, KS 67410 $980,000 ($19,600/Room)
Investment Highlights
- 2.62 AC Land Area
- 117 Surface Spaces 2.34 Spaces Per Room
- 50 Total Units Across Two Stories
Executive Summary
Positioned along the I-70 Corridor in the heart of Abilene, Kansas, the Budget Lodge Inn presents an exceptional opportunity for investors seeking stable cash flow with value add potential in a strategic Midwest market. This independently operated, 50-room hotel is set on a generous 2.62-acre parcel with direct visibility and accessibility from high-traffic corridors.
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- Offering Memorandum
Property Facts
| Price | $980,000 | Building Size | 3,132 SF |
| Price Per Room | $19,600 | No. Rooms | 50 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1960/2009 |
| Property Subtype | Hotel | Parking Ratio | 2.58/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 2.62 AC | ||
| Zoning | GC | ||
| Price | $980,000 |
| Price Per Room | $19,600 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.62 AC |
| Building Size | 3,132 SF |
| No. Rooms | 50 |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2009 |
| Parking Ratio | 2.58/1,000 SF |
| Corridor | Exterior |
| Zoning | GC |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 50 | $62.00 | - |
1 1
Property Taxes
| Parcel Number | 1120903008004000 | Improvements Assessment | $121,841 |
| Land Assessment | $18,776 | Total Assessment | $140,617 |
Property Taxes
Parcel Number
1120903008004000
Land Assessment
$18,776
Improvements Assessment
$121,841
Total Assessment
$140,617
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Budget Lodge Inn | 116 NW 14th St
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