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Days Inn by Wyndham Pratt 1901 E 1st St

44 Room Hotel Pratt, KS 67124 $900,000 ($20,455/Room)

Investment Highlights

  • New Roofing added in 2021.
  • Updated lighting fixtures and furniture.
  • New Furnisher in all Rooms 2024
  • New RDFI locks on all rooms.
  • Beds and bathroom vanities updated in 2022.

Executive Summary

Prime location in Pratt, Kansas Motel is between Walmart and McDonalds. Hotel conveniently located on U.S. Route 54/400, Agriculture, manufacturing, energy production, transportation and logistics, and healthcare are the industry sectors driving the Pratt economy. The hotel caters to a variety of demand generators, workers from the oil and gas industry, seasonal workers and travelers seeking lodging accommodations. It is equipped with new Days Inn Dawn Package furniture in all rooms, Half rooms have been renovated with new flooring LVT Flooring. This 43-room offers opportunities for first-time buyers or seasoned owner- operators.

Property Facts

Price $900,000
Price Per Room $20,455
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 1.95 AC
Building Size 16,656 SF
No. Rooms 44
No. Stories 2
Year Built/Renovated 1989/2022
Parking Ratio 3/1,000 SF
Corridor Exterior

Amenities

  • Fitness Center
  • High Speed Internet Access
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 44 $66.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
131-02-0-00-01-007.00-0
Land Assessment
$21,164
Improvements Assessment
$73,011
Total Assessment
$94,175

zoning

Zoning Code 1330 (Hotel/Motel)
1330 (Hotel/Motel)
  • Listing ID: 33312904

  • Date on Market: 9/26/2024

  • Last Updated:

  • Address: 1901 E 1st St, Pratt, KS 67124

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