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Days Inn South
Price:
$1,600,000
Address :
632 Westport Blvd
Salina, KS 67401
Excellent Interstate 135 location
Proximate to regional demand generators
Ideal size and operating model for owner/ operator
Offered at discount to replacement cost
SBA financing candidate
Limited renovations costs expected
Additional 1 acre site available for purchase
Location/Market
Physical Plant
Financials
Situated in north central Kansas, Salina sits at the intersection of Interstates 70 and 135
The City of Salina serves as the industrial, medical, retail, trade and service hub for 24 counties
Salina had the third highest “trade pull factor” of all Kansas first-class cities in 2020
Close to Regional Demand Generators:
Salina Regional Health Center
Tony’s Pizza Event Center
Salina Regional Airport
Kansas State University Salina Aerospace & Technol-ogy campus
Kansas Wesleyan University
The Land Institute and its Prairie Festival
2 Stories, Exterior Corridor
Modular Construction
Brick Veneer
Metal Mansard Roof
Asphalt Parking Lot—±66 Spaces
Wireless Internet
Breakfast Bar and Seating in Lobby
Manager’s Apartment
49 Guest Rooms
Built in 1972
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Financials
2019
2020
2021
T-12Mos 9/22
Occupancy
47.14%
26.73%
39.85%
34.6%
Average Daily Rate
$48.99
$46.04
$42.67
$51.96
Room Revenue
$413,042
$220,740
$304,097
$370,509
Net Operating Income
$118,897
$88,458
$88,985
N/A
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!
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