The Lodge At Russell | 901 S Fossil St
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The Lodge At Russell 901 S Fossil St
65 Room Hotel Russell, KS 67665 $1,200,000 ($18,462/Room)
Investment Highlights
- 64 Room, 2 Story, Independent Hotel
- Located Along Interstate 70 Between Denver, CO and Kansas City, KS
- Absentee Ownership with Significant Upside Potential for Owner-Operator
- 2023 Revenue $383,020
- Ownership Continually Reinvests in the Property and Maintains it in Great Condition
- Manager's Apartment Available
Executive Summary
The Lodge at Russell is a 64 room independent hotel located in Russell, KS. Russell is located along interstate 70 between Denver, CO and Kansas City, KS. Interstate 70, US Route 40, and US Route 281 converge in Russell, making it a convenient hub for travelers. The hotel is made of concrete block with brick veneer. Ownership continually reinvests in the property to maintain it in great condition.
Ownership is absentee and operates the hotel with a full staff: approximately 4 front desk, 3.5 housekeeping, 1 maintenance, 1 manager. There is significant upside potential for an owner-operator.
Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.
Ownership is absentee and operates the hotel with a full staff: approximately 4 front desk, 3.5 housekeeping, 1 maintenance, 1 manager. There is significant upside potential for an owner-operator.
Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.
Property Facts
| Price | $1,200,000 | Building Size | 26,068 SF |
| Price Per Room | $18,462 | No. Rooms | 65 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1970/1992 |
| Property Subtype | Hotel | Parking Ratio | 2.46/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 4.39 AC |
| Price | $1,200,000 |
| Price Per Room | $18,462 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.39 AC |
| Building Size | 26,068 SF |
| No. Rooms | 65 |
| No. Stories | 2 |
| Year Built/Renovated | 1970/1992 |
| Parking Ratio | 2.46/1,000 SF |
| Corridor | Exterior |
Amenities
- Balcony
- Pool
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 65 | $75.00 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $149,433 | |
| Land Assessment | $39,479 | Total Assessment | $188,912 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$39,479
Improvements Assessment
$149,433
Total Assessment
$188,912
zoning
| Zoning Code | C-2 |
| C-2 |
-
Oliver Cooper -
Amber Hotel Company
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The Lodge At Russell | 901 S Fossil St
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