ADDRESS
Best Western Angus Inn - Great Bend, KS
Great Bend, KS, Great Bend, KS 67530
LISTING TYPE
Closed
Limited-Service
PRICE
Sold
PROPERTY ATTRIBUTES
- Status
- Closed
- City
- Great Bend
- State
- KS
- Zip
- 67530
- Type
- Limited-Service
- Keys
- 90
- Corridor (Interior/Exterior)
- Interior
- Stories
- 2
PROPERTY DESCRIPTION
PHC Hotel Advisors represented ownership on the off-market disposition of the Best Western Angus Inn - a well-known 90-key limited-service asset in Great Bend, KS with a mix of interior and exterior corridor product. The hotel benefits from a stable, diversified demand base driven by oil & gas, agriculture, and regional drive-in travel, with limited new supply entering the market. A true in-place cash-flowing asset with a transparent underwriting story - built-in expense savings post-close from the removal of a non-transferring restaurant and warehouse component - offered a financeable, yield-driven acquisition with controllable upside through hands-on operations, payroll discipline, and expense management. A small on-site house provided additional flexibility for manager housing or supplemental income.
FEATURES
- 90-key Best Western (BWH Hotels) limited-service hotel
- Mixed interior & exterior corridor configuration
- In-place cash-flowing asset - not a turnaround
- Diversified demand: oil & gas, agriculture, regional drive-in
- Limited new supply in the Great Bend market
- Built-in post-close expense savings (property tax & insurance normalization)
- On-site house - manager housing or supplemental income
- Off-market disposition
- Listed & Sold by Alex Rizk
LOCATION