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Townsman Inn 123 E 14th St

44 Room Hotel Larned, KS 67550 $780,000 ($17,727/Room)

Investment Highlights

  • Located on 156 and 56 Highway Larned, Ks
  • This has recent paint and roofing.

Executive Summary

This could be changed into studio apartments in part or left as a motel. New shingle in 8-2023. There has been some updating to this property in individual rooms.

Property Facts

Price $780,000
Price Per Room $17,727
Sale Type Investment
Sale Conditions Building in Shell Condition
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.56 AC
Building Size 17,504 SF
No. Rooms 44
No. Stories 1
Year Built 1958
Parking Ratio 1.89/1,000 SF
Corridor Exterior

Amenities

  • Business Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 44 $80.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
109-32-0-10-01-004.00-0
Land Assessment
$7,263
Improvements Assessment
$119,089
Total Assessment
$126,352

zoning

Zoning Code C1 (Limited Commercial Zone)
C1 (Limited Commercial Zone)
  • Listing ID: 28335007

  • Date on Market: 4/27/2023

  • Last Updated:

  • Address: 123 E 14th St, Larned, KS 67550

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