Sleep Inn & Suites Oakley I-70

Discover the charming town of Oakley, KS, where the property is located. Just a short distance from the property, you'll find the renowned Fick Fossil & History Museum, showcasing an impressive collection of fossils and local history. Nearby, venture to the Buffalo Bill Cultural Center to learn about the famous frontier scout who left a lasting legacy in the area. Outdoor enthusiasts can explore Monument Rocks, a natural wonder of towering chalk formations. After a day of exploration, guests can enjoy local dining at the area’s charming restaurants. Oakley offers a blend of history, culture, and outdoor adventure, providing an attractive backdrop for the property's future guests.Introducing a prime investment opportunity in the Oakley area. This property boasts 62 well-appointed units, originally built in 2009 and tastefully renovated in 2016. With a remarkable stabilized Cap Rate of 10.5% and a competitive Price per Key of $84k, this investment offers exceptional value with a significantly lower than replacement cost. The property's in-place 3.1x RRM and impressive 90% RevPAR Comp Set Index underscore its strong financial performance. Additionally, the attractive Cash on Cash projection of 26.6% and the potential for a return of down payment capital in just 3.75 years make this a compelling investment opportunity for discerning investors in the hospitality/limited service sector.