Property Overview

Recently price reduced, this beautifully remodeled Boarders Inn & Suites in Syracuse, Kansas, is located on Hwy 50, 20 miles east of the Colorado border. The hotel is near the largest sand dune park in Kansas, Syracuse Sand Dunes Park.

There are 27 guest rooms, a free hot buffet breakfast, business center, guest laundry and an outdoor patio/grill space. The sale also includes a 3 bed/2 bath mobile home for the manager's quarters. Upstairs, above the lobby, there are 5 rooms that have interior corridors; all the other 22 rooms have exterior
corridors (6 exterior upstairs and 16 exterior ground

The property has significant upside for a new owner as the current owner is absentee. The hotel has great historical performance, with increasing revenues and is listed at 1.96x RRM.

Property Highlights

Asking Price$1,300,000
LocationHwy 50, 20 miles east of Colorado border
Property DescriptionOther
Number of Rooms27
Major Source of BusinessCorporate, Retail, Tourism & Manufacturing
Site Size+/- 0.98 acres
Year Built 1964
Last Year Renovated 2016
Common Area AmenitiesBreakfast area, business center, guest laundry & outdoor patio/grill