Property summary
This exceptional 48-room, two-story hotel in Oakley, Kansas, presents a lucrative investment opportunity. Strategically located along I-70, between Denver and Kansas City, this property enjoys high visibility and consistent traffic. Built in 1978, the hotel boasts solid concrete block construction and has been meticulously maintained by the absentee owner, who continually reinvests in its upkeep. The Kansas Country Inn is the top-rated hotel in the area on TripAdvisor, attracting numerous repeat guests and generating substantial revenue – $838,298 in 2023. The property includes a manager's apartment and a significant additional revenue stream from 16 full RV hook-up sites, complete with 30- and 50-amp electric, sewer, and water hookups, plus free Wi-Fi and shower houses. The minimal operating costs associated with the RV park enhance the overall profitability. The hotel is staffed with approximately 7 front desk employees, 4.5 housekeeping staff, 1 maintenance worker, and 1 manager. This presents significant upside potential for an owner-operator seeking to maximize efficiency and profitability. The 2.84-acre lot provides ample space for future expansion or improvements. The property is situated at 3538 U.S. Hwy 40, Oakley, KS 67748, and all visits are by appointment only.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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