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229 E Main St
Parsons, KS 67357

Express Inn Parsons · Hospitality Property For Sale · 23,210 SF

INVESTMENT HIGHLIGHTS

  • Turnkey Operating Asset
  • 3.66-Acre Site with Ample Parking
  • Two-Story, 46-Room Hotel
  • Sells Regardless of Price!

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.66 AC
Building Size 23,210 SF
No. Stories 2
Year Built/Renovated 1994/2016
Corridor Interior

AMENITIES

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

ABOUT 229 E MAIN ST , PARSONS, KS 67357

Cates Auction & Real Estate Company in proud cooperation with Easterly Auction Company is pleased to present to qualified buyers the Parsons Inn hotel. The Parsons Inn, formerly a Super 8 hotel, is a turnkey, operating 46-room Hotel situated on a 3.22-acre site located just off US-59 and US-400 and Main Street in the city of Parsons, Kansas, the second most populous city in the southeastern region of Kansas. The hotel features recent upgrades to the indoor heated pool, deck and pool room, new 75-gal boiler, updated managers quarters, new guest laundry coin-operated washer and dryer, new CCTV with 16 security cameras, upgraded WIFI, ten new PTAC units, new central and furnace, new LED outside lights, new keycard machine, new hotel management software, new hotel supplies, linens and more. The hotel now offers guests an indoor heated pool, free continental breakfast, guest laundry facilities, meeting room, spacious guest rooms offer a television, work desk, refrigerator, microwave and safe. The hotel has only been operational under new ownership for approximately 8-months. Since the pool was not available for use, the new owner planned to wait until the new renovations to the indoor heated pool were complete before spending money on advertising and marketing. These pool renovations have now been completed as of March 22, 2022, however, now due to health issues the owner has decided to sell the property to the highest bidder at absolute auction. This offering presents a new investor with the opportunity to acquire an asset with upside potential by increasing occupancy through advertising, increasing daily rates through strategic repositioning via renovations and implementing operational strategies to increase performance and cash flow. PROPERTY INFORMATION Site Description Number of Rooms 46 Floors 2 Year Built/Renovated 1994/2016 Ownership Type Fee Simple Room Mix 1 King 23 2 Queen 23 Storage 2 Construction Foundation Concrete Framing Wood Exterior EIFS Parking Surface Asphalt Roof Composition HVAC Rooms - PTAC Guest Room Amenities Bedroom - Air conditioning - Crib/infant bed (surcharge) - Rollaway bed (surcharge) Bathroom - Free toiletries - Hair dryer - Shower/tub combination Entertainment - Cable channels - Premium channels - TV Food and Drink - Coffee/team maker - Microwave - Refrigerator More - Desk - Free local calls - Iron/iron board (upon request) - Safe Property Amenities Internet - Available in all rooms: Free WiFi - Available in public areas: Free WiFI Parking and Transportation - Free self parking on site - RV/bus/truck parking on site’ - Wheelchair accessible parking available Food and Drink - Free continental breakfast available daily Things to do - Indoor heated pool Family Friendly - Cribs/infant bed (surcharge) - Indoor heated pool - Laundry facilities - Microwave - Refrigerator - Rollaway bed (surcharge) Conveniences - Front-desk safe Guest Services - 24-hour front desk - Daily housekeeping - Coin-operated laundry facilities Languages Spoken - English Business Services - Meeting room Accessibility - If you have requests for specfic accessibility needs, please contact the property using the received on the reservation confirmation received after booking - Accessible bathroom (select rooms) - In-room accessibility (select rooms) - Wheelchair-accessible parking - Wheelchair-accessible path of travel More - Smoke-free rooms - Smoking rooms

PROPERTY TAXES

ZONING

Zoning Code C (Downtown Area)
  • Listing ID: 25343286

  • Date on Market: 3/28/2022

  • Last Updated:

  • Address: 229 E Main St, Parsons, KS 67357