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Avid Hays 206 W 43rd St 79 Room Hotel Hays, KS 67601 For Sale



INVESTMENT HIGHLIGHTS
- 2 years old and in amazing condition
- Near Fort Hays State University, Cedar Bluff State Park and the Sternberg Museum of Natural History
- Excellent location off I-70
EXECUTIVE SUMMARY
Highlights:
• 2025 Room Revenue Up $200K
• Offered Significantly Below Replacement
• Tremendous Upside
• Hotel Currently Operated/Owned By Absentee Non-Hospitality Investor
This IHG branded Avid Hotel in Hays, KS, is only 4 years old and is in amazing condition. Built as a passive investment by an absentee owner, the 79-room, 4-story interior corridor hotel has an excellent location off I-70. Hays, Kansas is situated between Denver and Kansas City and has consistently been recognized as one of the “Best Small Cities to Live In” by BestPlaces.net due to its high quality of life, affordable cost of living, and strong sense of community.
This hotel is trending up and is below performing far below the comp set and thus has both near and long term upside potential for a new owner.
Hays, Kansas, serves as the idyllic backdrop for the Avid Hotel, offering a blend of Midwestern charm and modern convenience. Nestled in the heart of Ellis County, this vibrant community seamlessly marries small-town warmth with an array of amenities. The hotel is strategically situated, providing easy access to local attractions such as Fort Hays State University, Cedar Bluff State Park and the Sternberg Museum of Natural History. It also has close proximity to historical downtown Hays/Chestnut Street District, where there are a variety of shops, restaurants, and cultural experiences.
• 2025 Room Revenue Up $200K
• Offered Significantly Below Replacement
• Tremendous Upside
• Hotel Currently Operated/Owned By Absentee Non-Hospitality Investor
This IHG branded Avid Hotel in Hays, KS, is only 4 years old and is in amazing condition. Built as a passive investment by an absentee owner, the 79-room, 4-story interior corridor hotel has an excellent location off I-70. Hays, Kansas is situated between Denver and Kansas City and has consistently been recognized as one of the “Best Small Cities to Live In” by BestPlaces.net due to its high quality of life, affordable cost of living, and strong sense of community.
This hotel is trending up and is below performing far below the comp set and thus has both near and long term upside potential for a new owner.
Hays, Kansas, serves as the idyllic backdrop for the Avid Hotel, offering a blend of Midwestern charm and modern convenience. Nestled in the heart of Ellis County, this vibrant community seamlessly marries small-town warmth with an array of amenities. The hotel is strategically situated, providing easy access to local attractions such as Fort Hays State University, Cedar Bluff State Park and the Sternberg Museum of Natural History. It also has close proximity to historical downtown Hays/Chestnut Street District, where there are a variety of shops, restaurants, and cultural experiences.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Building Size | 32,093 SF |
| Property Type | Hospitality | No. Rooms | 79 |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | B | Year Built | 2021 |
| Lot Size | 2.08 AC | Corridor | Interior |
| Zoning | C-2 - General Commercial District | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.08 AC |
| Building Size | 32,093 SF |
| No. Rooms | 79 |
| No. Stories | 4 |
| Year Built | 2021 |
| Corridor | Interior |
| Zoning | C-2 - General Commercial District |
AMENITIES
- Business Center
- Fitness Center
- Pool
- On-Site Retail
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 79 | $93.00 | - |
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PROPERTY TAXES
| Parcel Number | 135-21-0-00-01-016.03 | Improvements Assessment | $963,728 |
| Land Assessment | $110,075 | Total Assessment | $1,073,803 |
PROPERTY TAXES
Parcel Number
135-21-0-00-01-016.03
Land Assessment
$110,075
Improvements Assessment
$963,728
Total Assessment
$1,073,803
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Avid Hays | 206 W 43rd St
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