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120 E Diamond Dr
Salina, KS 67401
Super 8 - Salina $125,000 PRICE REDUCTION!! · Hospitality Property For Sale · 23,768 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.19 AC
Building Size 23,768 SF
No. Stories 2
Year Built/Renovated 1995/2009
Tenancy Single
Parking Ratio 2.1/1,000 SF
Corridor Interior
Zoning Commercial

AMENITIES

  • Business Center
  • Pool
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

ABOUT 120 E DIAMOND DR , SALINA, KS 67401

$125,000 PRICE REDUCTION!! Rated 4 stars on TripAdvisor, this well maintained Super 8 produces an attractive income stream. The hotel is located with superior I-70 visibility, just off Exit 252. The hotel is also just east of the I-135/I-70 interchange. McDonald’s is right across the street. The all-brick exterior features a pleasing sense of arrival and is easily maintained. Salina, KS, population 50,000, with the confluence of 2 major interstates, is a significant crossroads and stop-over point between Denver and Kansas City. Besides a number of well known businesses, such as Tony's Pizza and Exide Battery, Salina also features the Tony's Pizza Events Center, a 7500 seat arena and an 18,000 sq ft convention facility. It serves as a significant draw for regional events, meetings and trade shows. Salina boasts one of the highest "pull factors" in Kansas, a very positive economic indicator for business activity and economic growth. The hotel has a total of 49 rooms. It is offered at less than $40,000 per room, well below replacement value. Guest amenities include flat screen TV's, granite vanities, microwaves and mini fridges in all guestrooms, and an indoor pool and spa. There is also ample RV and truck parking. We have listed a number of Super 8's, but this one features all the attributes of an attractive investment. That is, strong cash flow, a strong business model and an active community. Please call or email for a CA.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
037-36-0-30-01-003.00-0
Land Assessment
$18,733
Improvements Assessment
$348,518
Total Assessment
$367,251
  • Listing ID: 11674877

  • Date on Market: 2/21/2018

  • Last Updated:

  • Address: 120 E Diamond Dr, Salina, KS 67401

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