LOCATION: 612
West Highway 50, Syracuse, KS 67878 downtown location (Hamilton
County), approximately 50 miles east of Lamar, Colorado,
population is approx. 1,800, elevation 2,500 feet. Syracuse
is a farming community, located on busy east-west highway 50. Several
fishing and boating lakes are within a 20 minute drive. Great up-side
potential.
IMPROVEMENTS: 31
guest rooms, originally built in 1950/60, last renovated in
1996/98. Beautiful separate owner living quarters consisting of 3
bedrooms, 2 full size baths, living room and a large kitchen.
Total approximate land area 1.5 acres, 2-story wood construction, new
siding, new roof. City sewer and water, new through the wall air
conditioning and heat. Additional commercial zoned lots may be
available. Leased-out, free-standing restaurant is included in this
offering. Owned since 1996.
FINANCIAL
INFORMATION: 1998 room revenue $201,766
TERMS: SBA, Conventional, Seller May Carry
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.