32BR Home in Greensburg , KS

About This Property

𝐒𝐄𝐋𝐋𝐄𝐑 𝐅𝐈𝐍𝐀𝐍𝐂𝐄 𝐌𝐨𝐭𝐞𝐥 Contact for details 𝐃𝐨𝐰𝐧 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 30 Door Turn Key Operational Motel Selling for 2.3x Gross Revenue This may make a great multifamily conversion opportunity. Please do not call or visit the motel unscheduled. On HWY 54/HWY 400 Near Dodge City, KS. Gross Revenue: Contact for details Plus Hotel Taxes NOI: Approximately $160k after mortgage and expenses if owner operated Terms: Contact for details Down Payment Interest rate: 7.5% 3 Year The Roof is approximately 3 years old. Has a manager apartment Occupancy: Full in summer and slower in winter This is an absolute beautiful motel. This is a very well-maintained renovated property that is turn key and fully operational. A new $250 million dairy farm that houses about 23,000 to 24,000 head of cattle has recently opened near this town. The farm will be able to produce roughly 19,300 gallons of milk each day. This is a great boost for the local economy. It is in a small town (700 residents) but is situated on a major highway that connects Wichita, KS to Liberal, KS. The only renovation that I saw needed was siding on the back of the buildings need repainted or removed/installed. Hotel Motel Hospitality Investment property Apartment complex Assignment of contract

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