Historic Boutique Hotel for $349,900 Turnkey

Category Real Estate Commercial

Current price $349,900.00

Listing type Lead Generation

Location Dighton, Kansas 678** US

Quantity sold 0

Quantity available 1

Bids 0

Seller morningstarmgm (432)

Seller rating 100% positive feedback

Property Address 244 E Long Dighton , Kansas

State/Province Kansas

Seller State Of Residence Kansas

ZIP/Postal Code 67839

Availability For Sale

City Dighton

Property Type Investment Opportunity

For Sale By Owner

Sale Type Empty

Setting Small Town

Type Property

Year Built 1917

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.We have a Historic boutique Hotel for sale for the price of $349,900 with a proven niche market. Hotel is busy year round with harvesters, hunters, construction workers, truckers, bicyclists (on the national bike route), tourists, travelers, temporary area help, salesmen.
Currently sixteen rooms are online and rent-able, of which all but one have private baths. Some of the decor is older, but certainly clean and functional. The lobby is large, attractive, and welcoming. There is plenty of parking, good road access, and good visibility.
-additional fifteen rooms awaiting renovation
-video surveillance system
-computer and printer/fax machine
-on-site laundromat
-commercial ice machine
-substantial natural gas back up generator
-high efficiency A/C and heating units
-supply room with all kinds of materials
-extra beds and furniture
-reservation system in place
-large basement
-over thirteen thousand square feet of space
-gas fire place in the lobby
-recent appraisal of $550,000
-current owner/manager on track for a $100,000+ year
Priced way below replacement cost,estimated to be $4,655,000 plus site costs (this is based conservatively at new construction prices of $350 per square foot).
Some Owner financing possible

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