802 E 14th St. - 1,950,000

Listing Details:
Lot Size: 2 Acres
Built: 2006
Roof: Composition
Property Taxes: $18,263.08
40 Room Hotel with 10 RV spaces

Discover an exceptional investment opportunity in Larned, Kansas. This well-maintained hotel, situated on a spacious 2-acre lot, offers 40 guest rooms and 10 RV spaces, providing diverse accommodation options for travelers. Located conveniently next to Big R and Dollar General stores, this property promises steady foot traffic and convenience for guests. The additional vacant land to the south offers potential for future expansion or development note this land is not owned by the hotel currently..
Property Highlights:

• Guest Rooms: The hotel features 40 rooms, all of which have undergone comprehensive renovations. Updates include:
  • Fresh exterior and interior paint, creating a vibrant and welcoming atmosphere.
  • New vinyl flooring throughout the rooms for a modern and durable finish.
  • 75% of the second-floor drywall has been replaced, ensuring a fresh and safe environment.
  • Upgraded electrical systems and fixtures enhance functionality and guest comfort.
  • Selected furniture pieces have been updated to provide maximum comfort and style.
• RV Spaces: The property includes 10 RV spaces, each equipped with water and electricity. Recent electrical upgrades ensure reliable service for all RV guests.
• Staff Apartment: A dedicated 1-bedroom, 1-bath apartment on-site provides convenient accommodation for staff, ensuring efficient and attentive guest service.
• Additional Improvements:
  • New commercial washers and dryers have been installed, offering efficient and reliable laundry services.
  • The water softener system has been upgraded, enhancing water quality throughout the property.
  • Electrical systems for the RV spots have been modernized, ensuring consistent and reliable power.

Location Benefits:

• Proximity to Big R and Dollar General: The hotel's location next to these popular stores offers guests easy access to shopping and supplies.
• Vacant Land to the South: The additional vacant land can be purchased from the current owner and does presents opportunities for expansion or development, adding potential value to the investment.

Ample Parking: The property includes generous parking space, ensuring easy access for both hotel and RV guests.
This hotel property in Larned, KS, represents a remarkable opportunity for investors seeking a turnkey operation with significant potential for growth. Don't miss your chance to acquire this well-maintained and strategically located asset. Contact us today for more information and to schedule a viewing.