KansasAuctions.net
Cates Auction & Realty Co., Inc.
PARSONS INN - TURNKEY OPERATING 46-ROOM HOTEL 229 E. Main St., Parsons, KS 67357 Cates Auction & Real Estate Company in proud cooperation with Easterly Auction Company is pleased to present to qualified buyers the Parsons Inn hotel. The Parsons Inn, formerly a Super 8 hotel, is a turnkey, operating 46-room Hotel situated on a 3.22-acre site located just off US-59 and US-400 and Main Street in the city of Parsons, Kansas, the second-most populous city in the southeastern region of Kansas. The hotel features recent upgrades to the indoor heated pool, deck, and pool room, new 75-gal boiler, updated managers quarters, new guest laundry coin-operated washer and dryer, new CCTV with 16 security cameras, upgraded WIFI, ten new PTAC units, new central and furnace, new LED outside lights, new keycard machine, new hotel management software, new hotel supplies, linens and more. The hotel now offers guests an indoor heated pool, free continental breakfast, guest laundry facilities, meeting room, spacious guest rooms offer a television, work desk, refrigerator, microwave, and safe. The hotel has only been operational under new ownership for approximately 8-months. Since the pool was not available for use, the new owner planned to wait until the new renovations to the indoor heated pool were complete before spending money on advertising and marketing. These pool renovations have now been completed as of March 22, 2022, however, now due to health issues the owner has decided to sell the property to the highest bidder at absolute auction. This offering presents a new investor with the opportunity to acquire an asset with upside potential by increasing occupancy through advertising, increasing daily rates through strategic repositioning via renovations and implementing operational strategies to increase performance and cash flow. PROPERTY INFORMATION Site Description Number of Rooms 46 Floors 2 Year Built/Renovated 1994/2016 Ownership Type Fee Simple Room Mix 1 King 23 2 Queen 23 Storage 2 Construction Foundation Concrete Framing Wood Exterior EIFS Parking Surface Asphalt Roof Composition HVAC Rooms - PTAC Guest Room Amenities Bedroom - Air conditioning - Crib/infant bed (surcharge) - Rollaway bed (surcharge) Bathroom - Free toiletries - Hair dryer - Shower/tub combination Entertainment - Cable channels - Premium channels - TV Food and Drink - Coffee/team maker - Microwave - Refrigerator More - Desk - Free local calls - Iron/iron board (upon request) - Safe Property Amenities Internet - Available in all rooms: Free WiFi - Available in public areas: Free WiFI Parking and Transportation - Free self-parking on site - RV/bus/truck parking on site’ - Wheelchair accessible parking available Food and Drink - Free continental breakfast available daily Things to do - Indoor heated pool Family Friendly - Cribs/infant bed (surcharge) - Indoor heated pool - Laundry facilities - Microwave - Refrigerator - Rollaway bed (surcharge) Conveniences - Frontdesk safe Guest Services - 24hour front desk - Daily housekeeping - Coin-operated laundry facilities Languages Spoken - English Business Services - Meeting room Accessibility - If you have requests for specific accessibility needs, please contact the property using the received on the reservation confirmation received after booking - Accessible bathroom (select rooms) - In-room accessibility (select rooms) - Wheelchair accessible parking - Wheelchair accessible path of travel More - Smoke-free rooms - Smoking rooms History of Parsons, Kansas Named for the president of the Missouri, Kansas & Texas Railroad, Levi Parsons, Parsons has been one of the most dynamic communities in Kansas since it was incorporated in 1871. Rapid expansion and civic improvements made Parsons a thriving frontier town, boasting a solid income from railroads and agriculture. By the turn of the century, a business college and a state hospital had been founded in Parsons. The City's prosperity helped it to weather economic trends that damaged other towns in the area. Homes of the grandest design and most elegant detail were constructed, many of which survive today and contribute to the City's beauty. Throughout its history, Parsons has continued to identify progressive goals and to work to meet them. The Kansas Ordnance Plant was located here in 1941 to back the war effort. When the need for physicians and medical facilities became apparent in the late 1960s, Parsons began a construction and recruiting program that resulted in the most complete medical services in the surrounding area. In the 1970s, a massive urban renewal program was undertaken to benefit the municipal facilities and the business district. Today, the cumulative effects of a proud history of fulfilled ambitious projects have made Parsons the showcase of Southeast Kansas.
Auction
Add to Calendar
Share