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Published on: Friday, February 16, 2024

Updated on: Thursday, March 20, 2025

About the Lister

Name: Brent Jaynes

Company: Leisure Real Estate Advisors, LLC

Office Phone: 913-499-4731

Cell Phone: 913-499-4731

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Flag Point Inn & Suites Pratt, KS

1705 Maple St. Cullison Kansas , 67124

Leisure Real Estate Advisors, LLC
Listing ID: CL-Kansas-10249 Bed and Breakfast/Lodging and Hospitality

Purchase Option

Asking Price: $3,950,000.00

Acquisition Option: Traditional Purchase

Cap Rate (%): Contact Lister

Net Operating Income: Contact Lister

Quick Glance

Listing ID: CL-Kansas-10249

Status: Sold

Financing: Third Party Financing

Occupancy: N/A

Year Build: N/A

Building Size: N/A SqFt

Lot Size: N/A

No of Stories: N/A

No of Parking: N/A

Offer to Millionaire Club: No

Business Available for Sale: Yes

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

Listing Summary

The Flag Point Inn & Suites could be one of the nicest small market independent hotels you have seen. Built as an 80 key Hampton Inn in 2016, the flag was pulled by Hilton for performance issues with a previous owner, and not re-instated. Therefore, the property will be delivered without brand affiliation. In spite of its early difficulties, the property shows as one would expect, with the quality of a newer Hampton Inn. It is located in the most active development area in Pratt and the hotel shows a high level of guest satisfaction and rating with the online services.

Complete Details

Year Build: N/A

Building Size: N/A

No of Stories: N/A

Total Lot Area: N/A Not Specified

No of Parking: N/A

No of Total Units: N/A

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: B

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Not Specified

Occupancy: 0%

Full Description

Built 2016 as a Hampton Inn The parcel includes a pad site in front (total site approximately 3 acres, based on plat) Unencumbered by franchise, but Spark (by Hilton), Comfort Inn and LaQuinta flags are available Choice will provide incentives for a Comfort Inn conversion Rates well on the 3rd party sites Priced at less than $50K per key for an 8 year-old asset (less than 40% of today’s replacement) 4 floors Very nice pool and spa area 10' ceilings first floor – creates a very spacious, upscale feel

Additional Properties

Features

Very nice pool and spa area, 10′ ceilings first floor – creates a very spacious, upscale feel

Additional Links

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Contacts

No Additional Contacts.

Listing Location

Lister's other Properties

Title: Hampton Inn McPherson KS Address: 200 N. Centennial Dr. , Mcpherson Kansas 67460 Listing ID: CL-Kansas-27298 Listing Type: Commercial Category: Lodging and Hospitality - Inn	Status: Accepting Offers Created On: 1/22/2026 Modified On: 1/22/2026
Title: Holiday Inn Express & Suites Columbus NE Address: 524 23rd St. , , Columbus Nebraska 68601 Listing ID: CL-Nebraska-27297 Listing Type: Commercial Category: Lodging and Hospitality - Inn	Status: Accepting Offers Created On: 1/22/2026 Modified On: 1/22/2026
Title: Holiday Inn Express & Suites West – Topeka Address: 901 SW Robinson , Topeka Kansas 66606 Listing ID: CL-Kansas-27296 Listing Type: Commercial Category: Lodging and Hospitality - Inn	Status: Accepting Offers Created On: 1/22/2026 Modified On: 1/22/2026
Title: La Quinta Inn & Suites I-70 Salina Address: 201 E Diamond Drive , Salina Kansas 67401 Listing ID: CL-Kansas-27295 Listing Type: Commercial Category: Lodging and Hospitality - Inn	Status: Accepting Offers Created On: 1/22/2026 Modified On: 1/22/2026
Title: Ramada by Wyndham – Downtown Topeka Hotel and Conference Center Address: 420 SE 6th Avenue , Topeka Kansas 66607 Listing ID: CL-Kansas-27293 Listing Type: Commercial Category: Lodging and Hospitality - Inn	Status: Price not Disclosed Created On: 1/21/2026 Modified On: 1/21/2026

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