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1610 S Main St
Scott City, KS 67871
Best Western El Quartelejo Inn & Suites · Hospitality Property For Sale · 24,544 SF
Investment Highlights
- *Built 2008, PIP completed June 2019 *Like new, but offered 35% below new construction
- *NEW Guest Room PTACs *NEW ceramic bath surrounds with new hardware *NEW paint throughout, new carpet throughout, new lobby and pool furniture
- *Indoor salt water pool & spa, with refinished pool deck *Only branded hotel in the market
- *NEW room finishes, including case goods, soft seating, carpet, paint, lamp package, artwork, bed covering & drapes *NEWER 42" TVs
- *Interior corridor with elevator *Microwaves and Minifridges *Eligible for automatic transfer, QA score averages over 990 past 3 years
- *Past M. K. Guertin award winner, the highest award in the BW system, awarded to the top 2% of member hotels
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 2 |
Property Subtype | Hotel | Year Built/Renovated | 2008/2019 |
Building Class | C | Parking Ratio | 2.32/1,000 SF |
Lot Size | 1.30 AC | Corridor | Interior |
Building Size | 24,544 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.30 AC |
Building Size | 24,544 SF |
No. Stories | 2 |
Year Built/Renovated | 2008/2019 |
Parking Ratio | 2.32/1,000 SF |
Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
About 1610 S Main St , Scott City, KS 67871
This recently renovated 50 key Best Western El-Quartelejo Inn & Suites features all of the attributes of a great investment, and one that will require little to no initial capital improvement. The ownership group built this award winning hotel out of civic duty, to have a nice hotel in town. And as a result, it is a pride of ownership property that exhibits a very attractive "sense of arrival". The property recently underwent a $550K PIP, which means that the hotel will require minimal PIP capex for the next 5 - 7 years. The guest room and hall finishes are high end, and provide a definite sense of quality. The new owner of this hotel will be able to step into great revenue stream from day one. The hotel is a perennial TripAdvisor Certificate of Excellence recipient, including 2019. QA scores of over 990 for the past 3 years. The Inn & Suites is located in the vibrant W. Kansas market of Scott City, where it produces a high top line revenue. The location is on Hwy 83, within the southern section of town near the newer developments, including the new Scott County Hospital. Nearby attractions include El Quartelejo Pueblo Ruins, Monument Rock Chalk Pyramids, Lake Scott State Park and the recently opened Little Jerusalem Badlands State Park. In many of our assignments, the reason for selling is quite often a major PIP.............that is, owners don't wish to do it. This offering is unusual and one where the PIP has already been completed and the buyer will benefit from the seller's effort.
Links
PROPERTY TAXES
Parcel Number | 109-30-0-00-00-002.03-0 | Improvements Assessment | $231,605 |
Land Assessment | $6,800 | Total Assessment | $238,405 |
PROPERTY TAXES
zoning
Zoning Code | Commercial |
Commercial |
Learn More About Investing in Hospitality Properties
Listing ID: 18040465
Date on Market: 12/26/2019
Last Updated:
Address: 1610 S Main St, Scott City, KS 67871