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Sleep Inn & Suites Oakley I-70 3698 US 40 62 Room Hotel Oakley, KS 67748 $5,250,000 ($84,677/Room)
Investment Highlights
- In Place 3x's RRM
- 8.5% T12 Cap Rate - Stabilized 10.5% Cap Rate
- 1M Down Payment - COC Return 30%
- Price Per Key $84k, Significantly Lower than Replacement Cost
- 90% RevPAR Comp Set Index
Executive Summary
Please Click Here to View Virtual Tour & Due Diligence: https://www.tammenhospitality.com/exclusive-listings?propertyId=sleepinnoakley
Property Facts
| Price | $5,250,000 | Building Size | 31,617 SF |
| Price Per Room | $84,677 | No. Rooms | 62 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2009 |
| Property Subtype | Hotel | Parking Ratio | 2.56/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.60 AC | ||
| Zoning | C1 - Commercial & Industrial | ||
| Price | $5,250,000 |
| Price Per Room | $84,677 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.60 AC |
| Building Size | 31,617 SF |
| No. Rooms | 62 |
| No. Stories | 3 |
| Year Built | 2009 |
| Parking Ratio | 2.56/1,000 SF |
| Corridor | Interior |
| Zoning | C1 - Commercial & Industrial |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 9 | $135.00 | - |
| Guest Room | 53 | $130.00 | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 011-01-0-00-01-006.00-0 | Improvements Assessment | $530,098 |
| Land Assessment | $1,448 | Total Assessment | $531,546 |
Property Taxes
Parcel Number
011-01-0-00-01-006.00-0
Land Assessment
$1,448
Improvements Assessment
$530,098
Total Assessment
$531,546
Contacts
-
Tammen Hospitality Partners Bryan Swanson -
Jennifer Stein Real Estate Inc Jennifer Stein - Tammen Hospitality Partners
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Presented by
Tammen Hospitality Partners
Sleep Inn & Suites Oakley I-70 | 3698 US 40
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