Days Inn I-70

Highlights:

• 44 rentable keys (45 total); 2 Floors
• New roof 2022
• Interior Corridor
• Indoor Pool & Spa
• Flat screen TVs
• Selected microwave & minifridge
• Prime location with interstate visibility

Description:

This Days Inn is located on the best I-70 site in Salina, and is corporately owned and remotely managed.  An onsite owner-operator or local partner could step into a very attractive revenue and experience cash flow immediately.  Well priced at just under 3X YE 2022 revenue. 

The Days Inn I-70 is located on the primary east-west interchange on heavily traveled I-70.  The 44 unit hotel is positioned on a prime, highly visible, site located just off the interstate ramps.   Two large travel plazas, Bosselman's and Petro,  are also located on this interchange.  The hotel is corporately owned, but would be ideal for an onsite owner operator, who could manage more efficiently.   The property certainly offers above average income and cash flow.

Salina, KS is a market of just under 50,000, located at the junction of Interstates I-70 and I-135.  I-70 connects Denver to Kansas City, and and to points beyond, east and west.  I-135 is the primary north-south route from I-80 to I-35, which runs from south Texas to near Canada.   Besides being located at a major crossroads, the town also features a number of universities, including Kansas Wesleyan University and Kansas State Aerospace and Technology.    Tony's Pizza Event Center, formerly the Bicentennial Center, features a 7,580 seat arena and a 18,000 conference center, and is a source of major events and concerts.    Salina features a very diverse economy, including a number international companies, which have supported a very strong hospitality base of business.  Those companies include Tony's Pizza, Phillips Lighting, Exide Batteries, ElDorado National, Great Plains Manufacturing, Asurion, and Kansas State University.   Agriculture and energy (wind) also play key roles in the area's business climate.  The diverse economy, the universities, the event center, and the convergent interstates all provide a great place to own a hotel.

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