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Motel 6 Junction City, KS 1931 Lacy Dr 60 Room Hotel Junction City, KS 66441 $2,950,000 ($49,167/Room)

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INVESTMENT HIGHLIGHTS

  • Traffic Counts: US-77 has 11,600 VPD & I-70 has 24,500 VPD
  • Renovated guest rooms and interior common areas early 2024

EXECUTIVE SUMMARY

Located at 1931 Lacy Drive, Junction City, Ks, this 3-story former Motel 6 offers a rare value-add opportunity for hotel investors, developers, or multi-family converters. Hotel recently closed its doors and is no longer open.
• Traffic Counts: US-77 has 11,600 VPD & I-70 has 24,500 VPD
• 60+ keys across 3 stories
• Elevator and pool
• Renovated guest rooms and interior common areas early 2024
• I-70 frontage with quick access to Ft. Riley and Manhattan
• Current Hotel brand contract is up leaving full flexibility to rebrand or convert to multifamily

PROPERTY FACTS

Price $2,950,000
Price Per Room $49,167
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.89 AC
Construction Status Under Renovation
Building Size 24,843 SF
No. Rooms 60
No. Stories 3
Year Built/Renovated 1999/2025
Tenancy Single
Parking Ratio 2.62/1,000 SF
Corridor Interior
Zoning IL - General Commercial District

AMENITIES

  • Outdoor Pool
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 60 $60.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
115-22-0-00-00-002.00-0
Land Assessment
$6,835
Improvements Assessment
$275,618
Total Assessment
$282,453
  • Listing ID: 35994275

  • Date on Market: 5/27/2025

  • Last Updated:

  • Address: 1931 Lacy Dr, Junction City, KS 66441

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