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The Lodge At Russell 901 S Fossil St 65 Room Hotel Russell, KS 67665 $950,000 ($14,615/Room)
Investment Highlights
- 64 Room, 2 Story, Independent Hotel
- Absentee Owned for Over 10 Years; Strong Upside Potential for an Onsite Operator
- Manager's Apartment Available
- 3-Year Average Revenue $380,000; Priced at 2.5X Revenue
- Ownership Maintains the Property in Great Condition
- Located on Interstate 70 Between Denver, CO and Kansas City, KS
Executive Summary
The Lodge at Russell is a 64 room independent hotel located in Russell, KS. Russell is located on interstate 70 between Denver, CO and Kansas City, KS. Several highways converge in Russell making it a convenient hub for travelers. The hotel is highly rated by guests and benefits from many repeat customers.
The hotel is made of solid concrete block construction with brick veneer. Ownership maintains the property in great condition.
Ownership is absentee and has owned the hotel for over 10 years. They operate the business with a full staff: approximately 4 front desk, 3.5 housekeeping, 1 maintenance, 1 manager. There is upside opportunity for a hands-on operator.
Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.
The hotel is made of solid concrete block construction with brick veneer. Ownership maintains the property in great condition.
Ownership is absentee and has owned the hotel for over 10 years. They operate the business with a full staff: approximately 4 front desk, 3.5 housekeeping, 1 maintenance, 1 manager. There is upside opportunity for a hands-on operator.
Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.
Property Facts
| Price | $950,000 | Lot Size | 2.80 AC |
| Price Per Room | $14,615 | Building Size | 26,068 SF |
| Sale Type | Investment | No. Rooms | 65 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1969/1992 |
| Building Class | C | Corridor | Exterior |
| Zoning | C-2 | ||
| Price | $950,000 |
| Price Per Room | $14,615 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.80 AC |
| Building Size | 26,068 SF |
| No. Rooms | 65 |
| No. Stories | 2 |
| Year Built/Renovated | 1969/1992 |
| Corridor | Exterior |
| Zoning | C-2 |
Amenities
- Pool
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 65 | $75.00 | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $142,020 | |
| Land Assessment | $39,479 | Total Assessment | $181,499 |
Property Taxes
Parcel Numbers
Land Assessment
$39,479
Improvements Assessment
$142,020
Total Assessment
$181,499
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
The Lodge At Russell | 901 S Fossil St