LOCATION: 808
“D” Street, Hillsboro’s east-west main artery;
located in central Kansas in the heart of America's breadbasket and
hunting paradise, about 35 miles east of McPherson on Interstate 135;
40 miles south of Interstate 70; and about 40 miles north of
Wichita. Hillsboro, a beautiful college town, the largest in
Marion County, with a population of approximately 3,500 people, offers
a fabulous lifestyle for young families and retirees alike, without the
big city problems. Originally settled by Dutch-German immigrants,
Hillsboro is home to the renowned Tabor College with an enrollment of
about 520 students. Founded in 1928, the 4-year college is known
for it’s liberal arts and professional/career programs.
Golf Course, tennis, baseball, soccer and football fields, bowling,
swimming pool, museums, movie theater, mushroom hunting, fishing,
boating and water skiing at Marion Reservoir (only minutes away), and
much more is readily available at this fabulous location offering great
possibilities for anyone. Health care, schools and civic services
are first class.
IMPROVEMENTS: 18
nice guestrooms total, 14 in a 1-story, L-shaped, stone-facia building,
and 4 in a clean mobile-home structure. Those 4 were not rented
for about two years because of manager preference. Nice
3-bedroom, mobile home for owners quarters, including kitchen, living
room and great breezeway to motel office and reception area. All
air conditioned; cable TV; approx. 2-acres land; built in 1940's, great
condition; beautifully landscaped, mature trees, fabulous yards.
City sewer & water; average monthly utilities are $1,300; insurance
$1,551
FINANCIAL
INFORMATION:
FINANCIAL: 2000 Revenues approx. $74,000; excluding revenue from 4 guestrooms
TERMS: Cash, SBA
Information
herein has been obtained from what are believed
to be reliable sources, however, Anton Hospitality Brokers, Inc.,
cannot guarantee its accuracy. References and information contained
herein are approximate only and are subject to changes and errors.
Assumptions are based on professional management and marketing of the
property and future operating results will vary depending on ownership.
Buyers must conduct their own investigation and due diligence and
consultation with a professional financial advisor is highly
recommended. Price is subject to change without notice.