901 Fossil St Russell, KS 67665-3527
- Motels
- 11,128 SF
- 2.80 lot acres
Current Use by Public Records
- The Lodge at Russell / Hotel / Motel
Property Details for 901 Fossil St
- Year built
- 1969
- Lot size
- 2.80 lot acres
- Property size
- 11,128 SF
- Property type
- Motels
- APN
- 148-34-0-40-01-009.00-0
- APU
- 1483404001009000
Description
The Lodge at Russell, a 64-room, two-story hotel, presents a compelling investment opportunity. Situated on a 2.8-acre lot at 901 S Fossil St, Russell, KS 67665, this established property benefits from its prime location along Interstate 70, a major thoroughfare connecting Denver, CO, and Kansas City, KS. Built in 1969, the concrete block and brick veneer structure boasts consistent reinvestment by ownership, ensuring its excellent condition. The hotel's strategic location at the convergence of I-70, US Route 40, and US Route 281 makes it a convenient hub for travelers. Currently operating with a full staff (approximately 4 front desk, 3.5 housekeeping, 1 maintenance, and 1 manager), the hotel generated $383,020 in revenue in 2023. Absentee ownership presents significant upside potential for an owner-operator. A manager's apartment is also available on the premises. This turnkey operation offers a solid foundation for continued growth and profitability. All property visits are by appointment only. Please refrain from contacting the hotel staff directly.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Russell
- County
- Russell
- State
- Kansas
- Longitude
- -98.8552
- Latitude
- 38.8715