Property Overview
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
level).
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 2.5x RRM.
Property Highlights
| Asking Price | $1,600,000 |
| Location | Hwy 50, 20 miles east of Colorado border |
| Property Description | Other |
| Number of Rooms | 27 |
| Major Source of Business | Corporate, Retail, Tourism & Manufacturing |
| Site Size | +/- 0.98 acres |
| Year Built |
1964 |
| Last Year Renovated |
2016 |
| Common Area Amenities | Breakfast area, business center, guest laundry & outdoor patio/grill |