Hotel-Motel

Super 8 Junction City

1133 S Washington St, Junction City, KS 66441

Listing Price: $1,350,000

Cap Rate
10.70%
Number of Rooms
82
RevPAR
$16
Gross SF
32,864
Price/Room
$16,463
RRM
2.46
Price/Gross SF
$41.08
Year Built
1964

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Super 8 Junction City, an 82-room exterior corridor hotel located in Junction City, Kansas. The Super 8 Junction City consists of two buildings with approximately 32,864 square feet. It was built in 1964 with renovations and upgrades completed in the last 3-5 years. All rooms offer a refrigerator, microwave, coffeemaker, iron and ironing board, hair dryer, cable TV with HBO, and free Wi-Fi. Guests are provided with a free continental breakfast, 24-hour front desk service and a business center located in the lobby. The meeting room will hold up to 30 people. The hotel also has a fitness room and an onsite apartment for a Manager or Owner.

The property is conveniently located off of I-70 at exit 296 and is approximately 10 minutes from Fort Riley. It is surrounded by fast food restaurants and convenience stores. Additional dining and shopping centers are within three miles of the hotel. The city of Junction City is a growing economic hub and is home to regional and national distribution centers that are served by truck, air and railroad transportation.

Investment Highlights

  • Significant Upside: Absentee Owner
  • Renovations and Upgrades Completed in the Last 3-5 Years
  • Near C.L. Hoover Opera House, Geary County Fairgrounds, Milford Nature Center & More
  • 6 Miles to Fort Riley | ~15,000 Active Duty
  • Nearby Employers Include CenturyLink, FootLocker Distribution & CAMSO
  • Conveniently Located Off of Interstate 70

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    License(s): KS: 00241410

    Kansas

Listing Price: $1,350,000

Cap Rate
10.70%
Number of Rooms
82
RevPAR
$16
Gross SF
32,864
Price/Room
$16,463
RRM
2.46
Price/Gross SF
$41.08
Year Built
1964

Investment Highlights

  • Significant Upside: Absentee Owner
  • Renovations and Upgrades Completed in the Last 3-5 Years
  • Near C.L. Hoover Opera House, Geary County Fairgrounds, Milford Nature Center & More
  • 6 Miles to Fort Riley | ~15,000 Active Duty
  • Nearby Employers Include CenturyLink, FootLocker Distribution & CAMSO
  • Conveniently Located Off of Interstate 70

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Super 8 Junction City, an 82-room exterior corridor hotel located in Junction City, Kansas. The Super 8 Junction City consists of two buildings with approximately 32,864 square feet. It was built in 1964 with renovations and upgrades completed in the last 3-5 years. All rooms offer a refrigerator, microwave, coffeemaker, iron and ironing board, hair dryer, cable TV with HBO, and free Wi-Fi. Guests are provided with a free continental breakfast, 24-hour front desk service and a business center located in the lobby. The meeting room will hold up to 30 people. The hotel also has a fitness room and an onsite apartment for a Manager or Owner.

The property is conveniently located off of I-70 at exit 296 and is approximately 10 minutes from Fort Riley. It is surrounded by fast food restaurants and convenience stores. Additional dining and shopping centers are within three miles of the hotel. The city of Junction City is a growing economic hub and is home to regional and national distribution centers that are served by truck, air and railroad transportation.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    License(s): KS: 00241410

    Kansas

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