Red Roof Inn


Price:
$1,400,000

Address :
115 US Highway 75 South
Holton, KS 66436


  •  Excellent location on US Highway 75
  •  SBA financing candidate
  •  Ideal size and operating model for owner/operator
  •  Two Apartments could be used for manager’s living quarters or rented for extended—stay
  •  Offered at discount to replacement cost
  •  Limited renovations costs expected
    View Map    View Aerial
  •  Holton, Kansas, the county seat of Jackson County, is approximately 30 miles north of Topeka, the capital of Kansas.
  •  Fort Riley Military Base lies to the west of Holton.
  •  Less than 20 Miles from 3 Casinos—Prairie Band Casino (11.8 miles), Sac & Fox Casino (17.2 miles), and Golden Eagle Casino (19.8 miles)
  •  Close to Regional Demand Generators:
    •  Prairie Lake
    •  Banner Creek Reservoir
    •  Combat Air Museum & Custer House
    •  Heartland Motorsports Park Topeka
    •  Topeka Antique Malls
    •  Kansas State Capitol, Topeka, and Government Offices
  •  Interior corridor 2 Story Building, built in 1997, 30 rooms with office
  •  2 Buildings Built in 1966 & 1997
  •  Exterior corridor 1 story building, built in 1966, 20 rooms with manager's apartment
  •  Concrete Construction
  •  Masonry Façade
  •  Pitched Roof
  •  Concrete Parking Lot
  •  Wireless Internet
  •  Snack Center
  •  Guest Laundry
  •  2 Apartments—1 Two-Bedroom & 1 Three-Bedroom
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2019
2020
2021
2022
Occupancy
33.83%
55.59%
38.12%
46.43%
Average Daily Rate
$58.05
$56.96
$58.94
$58.95
Room Revenue
$358,390
$579,512
$410,030
$499,462
Net Operating Income
$108,178
$321,828
$103,526
$103,526
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!