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1985 S Range Ave
Colby, KS 67701
$150K Price Reduction - - Motel 6 Colby · Hospitality Property For Sale
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16,524 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1984/2018 |
| Building Class | C | Parking Ratio | 4.48/1,000 SF |
| Lot Size | 0.98 AC | Corridor | Interior |
| Building Size | 16,524 SF | ||
| Zoning | C2 - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.98 AC |
| Building Size | 16,524 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2018 |
| Parking Ratio | 4.48/1,000 SF |
| Corridor | Interior |
| Zoning | C2 - Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 1985 S RANGE AVE , COLBY, KS 67701
$150,000 Price Reduction!! This Motel 6 is located off I-70 in Colby, KS. Colby is located 53 miles east of the Colorado border and the hotel enjoys a significant amount of transient traffic. This 46-key, 2-story, interior corridor hotel produces top line revenue resulting in superior cash flow. It was completely remodeled in 2015 and boasts the latest Motel 6 brand design. Colby is somewhat of a well-kept secret. The area benefits from the strong agribusiness and energy sectors. Energy plays a role, but not to the extent that it used to. Unlike many oil producing sections of the country, western Kansas has not been decimated by the drop in oil prices. It has a more diversified economy with wind energy and oil exploration parts of a larger economy. Colby features several demand generators, including Colby Community College, Citizens Medical Center, Cooper Barn and regional hunting and fishing. Colby is also a major I-70 stop-over point between Denver and Kansas City. Given the strong interstate location, existing demand generators and increasing revenue, we believe that this offering will attract attention. I-70 in Western Kansas; 4 hours from Denver
PROPERTY TAXES
| Parcel Number | 153-07-0-30-02-007.06-0 | Improvements Assessment | $239,130 |
| Land Assessment | $9,998 | Total Assessment | $249,128 |
PROPERTY TAXES
