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Best Western Angus Inn 2920 10th St 90 Room Hotel Great Bend, KS 67530 $6,000,000 ($66,667/Room) 12.98% Cap Rate



Executive Summary
This 90-room Best Western Angus Inn offers a stable investment with strong brand recognition and a multifaceted revenue stream.
The 2-story interior/exterior-corridor property sits on 1.33 acres and features an indoor pool and spa, meeting room facilities, dry cleaning and laundry service, and an arcade game room.
Great Bend serves as a vital regional hub for agriculture, oil and gas, manufacturing, and healthcare, attracting a steady flow of tourists, hunters, contractors and business travelers and outdoor enthusiasts. Located at 2920 10th St in Great Bend, KS, the hotel benefits from its position at the crossroads of major highways. Great Bend's proximity to Cheyenne Bottoms and the Wetlands and Wildlife National Scenic Byway ensures steady occupancy across multiple guest segments, making this an attractive opportunity for hospitality investors seeking a proven asset in the heartland of America.
Investment Potential: This situation presents a compelling opportunity for a new owner, particularly one with fresh ideas and enthusiasm. The property is ideally suited for a young couple seeking an owner-operated management model, thereby reducing payroll and operating expenses. By implementing strategic marketing initiatives, a new owner can significantly increase revenue and profitability.
Key Takeaways:
Low down payment - 20%
Main business is comprised of nature tourists, migratory bird hunters, Cargill and Tyson Foods contractors, and regional event attendees.
The hotel is approximately 84 miles from Dodge City, 114 miles from Wichita, and . 252 miles from Kansas City.
Ideal for an owner-operated management model to minimize expenses.
Strategic marketing can unlock substantial revenue growth.
The 2-story interior/exterior-corridor property sits on 1.33 acres and features an indoor pool and spa, meeting room facilities, dry cleaning and laundry service, and an arcade game room.
Great Bend serves as a vital regional hub for agriculture, oil and gas, manufacturing, and healthcare, attracting a steady flow of tourists, hunters, contractors and business travelers and outdoor enthusiasts. Located at 2920 10th St in Great Bend, KS, the hotel benefits from its position at the crossroads of major highways. Great Bend's proximity to Cheyenne Bottoms and the Wetlands and Wildlife National Scenic Byway ensures steady occupancy across multiple guest segments, making this an attractive opportunity for hospitality investors seeking a proven asset in the heartland of America.
Investment Potential: This situation presents a compelling opportunity for a new owner, particularly one with fresh ideas and enthusiasm. The property is ideally suited for a young couple seeking an owner-operated management model, thereby reducing payroll and operating expenses. By implementing strategic marketing initiatives, a new owner can significantly increase revenue and profitability.
Key Takeaways:
Low down payment - 20%
Main business is comprised of nature tourists, migratory bird hunters, Cargill and Tyson Foods contractors, and regional event attendees.
The hotel is approximately 84 miles from Dodge City, 114 miles from Wichita, and . 252 miles from Kansas City.
Ideal for an owner-operated management model to minimize expenses.
Strategic marketing can unlock substantial revenue growth.
Property Facts
Amenities
- Pool
- Meeting Event Space
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 90 | $152.00 | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 189-29-0-40-42-008.00-0 | Improvements Assessment | $379,455 |
| Land Assessment | $40,693 | Total Assessment | $420,148 |
Property Taxes
Parcel Number
189-29-0-40-42-008.00-0
Land Assessment
$40,693
Improvements Assessment
$379,455
Total Assessment
$420,148
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Best Western Angus Inn | 2920 10th St
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