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- LoopNet Team
2810 Vine St
Hays, KS 67601
Quality Inn - Hays · Hospitality Property For Sale
·
14,534 SF

Investment Highlights
- Ytd 2021 revenue exceeds 2019!!!! - Minimal PIP improvements - Now offered at less than 2X 2019 revenue
- Newer Roof - Original owner/developer - built by one of the most decorated Choice developers
- No capital requirements with a new PIP
- Large 2nd floor office which can be converted into a suite for additional revenue
- Local financing might be available
- Indoor Pool - Many demand generators in town including 4 year university
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1991/2017 |
| Building Class | C | Parking Ratio | 2.75/1,000 SF |
| Lot Size | 0.58 AC | Corridor | Interior |
| Building Size | 14,534 SF | ||
| Zoning | C2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 14,534 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1991/2017 |
| Parking Ratio | 2.75/1,000 SF |
| Corridor | Interior |
| Zoning | C2 |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
About 2810 VINE ST , HAYS, KS 67601
2021 Revenue has fully recovered, Ytd 2021 revenue exceeds 2019 by $30K!!! YE 2019 revenue was $440K. This one owner hotel was built by one of the most awarded and recognized developers in the Choice system, and his family has owned it since it was built. With 31 units (30 rentable)and attractive historic revenue, this hotel is ideal for an owner operator or an onsite partner. There is a large office space on the second floor. The hotel has historically produced very nice top line revenue and has steadily withstood the new competition on the interstate (I-70). With a population of over 21,000, Hays is the largest city in NW Kansas. Hays and Ellis County, KS, have historically been a very attractive hospitality venues, being half way between KC and Denver on I-70. However, with numerous demand generators, including university, medical, sports and energy, Hays is a hub for regional business. Ellis County has one of the highest "Pull Factors" in the state, nearing 1.5, which means that 50% more trade comes into the county than leaves. Ellis County continually boasts low unemployment, (a key business strength indicator) even through the 2008 recession. Currently, even with the impact of Covid, unemployment stands at about 4%. Fort Hays State University (nearly 13,000 students) has been a long time contributor to the local economy, not only from the event standpoint, but also from the many businesses that support the university. The university and campus has re-opened for the Fall 2021 semester and the re-opening plan can be found at
Property Taxes
| Parcel Number | 138-27-0-30-07-006.00 | Improvements Assessment | $186,623 |
| Land Assessment | $51,175 | Total Assessment | $237,798 |
Property Taxes
Listing ID: 20670604
Date on Market: 8/18/2020
Last Updated:
Address: 2810 Vine St, Hays, KS 67601
The Hospitality Property at 2810 Vine St, Hays, KS 67601 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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