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Hampton Inn Junction City

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Hampton Inn Junction City

1039 South Washington Street, Junction City, KS

Highlights

Property Details

Offering Price:

Cap Rate on 2021 Actuals:

Stories:

# of Rooms:

Lot Size:

Year Built:

$6,500,000

9.81%

4 Stories

82 Keys

2.1 Acres

2009

82-Unit Hampton Inn Adjacent to I-70

Marcus & Millichap has been selected to exclusively present for sale the Hampton Inn Junction City. Built in 2009, this Hampton Inn is a four-story, 82-key, upper midscale interior-corridor hotel consisting of 47,380 square feet, situated upon 2.1 acres of land with a full-service fitness center and pool. The subject Hampton Inn consistently outperforms the RevPAR of its competitive set.
Located directly adjacent to Interstate 70, one of the most heavily traveled east-west highways connecting states across the US, from Baltimore, Maryland to Cove Fort, Utah. Located just outside of Fort Riley, Kansas, a major US Army post,  fourteen miles to nearby Manhattan Regional Airport and just twenty miles from Kansas State University. There are many historical sites to see in the nearby vicinity, such as the Geary County Historical Museum, 1st Territorial Capitol of Kansas, Kansas Vietnam Veterans Memorial, Civil War Arch, 9th and 10th Buffalo Soldier Memorial, Spring Valley Heritage Site, U.S. Cavalry Museum, 1st Infantry Division Museum, Custer House and just a quick trip to the famous home of former president Dwight D. Eisenhower in nearby Abilene. Junction City is also home to Milford Lake, the Fishing Capital of Kansas.

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  • 2.1 Acre, Fee Simple, 82-Key, 4-Story Upper-Midscale Interior Corridor Hotel 

  • Significantly Outperforms the Competitive Set

  • Pandemic Room Revenues of $1.4M in 2020 and $1.9M in 2021

  • RevPAR Currently $63.73 vs. Comp Set of $46.52

  • 1st Quarter 2021 Outperformed 1st Quarter 2020

  • Proven Resiliency to Pandemic Headwinds, Outperforms Similar Limited-Service Off-Highway Stayover Hotels

  • Located Adjacent to I-70, Equidistant to Kansas City, MO and Wichita, KS (Just under a two-hour drive)

  • Adjacent to US Army Post Fort Riley: Roughly 67,000 Service Members, Family Members, Veterans & Retirees

  • Located Twenty Miles from Kansas State University

  • Opportunity to Further Drive Hotel Revenues by
    Rolling Out the Forever Young PIP

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Copyright © 2018-2025 Candace Bare. All Rights Reserved. Specializing in Single and Multi-Tenant & NNN Retail & Office Assets, Development Opportunities and Hospitality Assets Nationwide.

Marcus and Millichap Las Vegas Commercial Real Estate Investment Services.

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