3506 U.S. 40, Oakley, KS 67748

Established Motel Located in Oakley, Kansas
26 Total Rooms
9 One Bed
15 Two Beds
Family Rooms (2)
There is a living quarters behind the office area ( Approx 650 sq ft)
Continental Breakfast Area

Canopy Entrance Area
Generous parking for tenants
Common Area for tenants (private fenced in area)
Most Rooms are 21’x18’6” except for Family Rooms which are approximate 36’x30’

Outside Storage Shed (10 ‘ x 10’)

There is all new interior paint in rooms
New T.V.s in Rooms
New Bedding/mattress
All Bathrooms have Tubs/Shower
Updated bathrooms
Exterior is currently being painted and will be completed as weather permits
60% new A.C. and Heat units
New Camera System
Lot line is approximate 2’ east of back fence and 5” north of back fence
There is an additional (lot) parking area which is included in price.
There are several storage areas
A basement area under main office area is where breakers, etc are located
Financials are available to only qualified buyers and with confidentialityagreement signed
The ADR (Average Daily Rate) is a key performance indictor in the motel/hotelindustry. This rate for value is typically 3.5 to 4.5 times the annual roomrevenue.
All fixtures and furniture are included as well as any extra stored items atday of closing.
FOR VIEWINGS PLEASE GIVE AS MUCH NOTICE AS POSSIBLE AND MOTEL OWNER WILL BEAVAILABLE FOR QUESTIONS AS WELL.
Some Rooms have been rented on long term contracts.