for sale

Peddlers Inn Motel

2093 W Oklahoma Ave | Ulysses, KS 67880

Price:
$575,000
Number of Rooms:
47
Building Size:
27,190 SF
Lot Size:
2.30 AC
Year Built:
1980
Renovation Completed:
2024
Hotel Type:
Select Service

Investment Highlights

  • Fully renovated in 2024
  • Rebranding opportunity
  • Manager’s apartment onsite
  • Trending up since completing renovation
  • Kansas Area Submarket YoY change as of September 2025: OCC -2.3% | ADR 4.0% | RevPAR 1.6%
  • Kansas Market YoY change as of September 2025: OCC -0.7% | ADR 2.3% | RevPAR 2.4%
  • Motivated seller

Property Description

Devesh “Devo” Ragha of NewGen Advisory is proud to present the for sale of Peddlers Inn Motel – Ulysses, KS, an established 47-room independent economy hotel operating since 1984. Situated on 2.30 acres in Ulysses, Kansas, this two-story masonry-built property spans approximately 27,190 square feet with exterior corridors and includes 800 square feet of meeting space, making it suitable for small gatherings or business events. With its stable operations and well-maintained structure, the Peddler’s Inn offers an appealing opportunity for investors seeking a value-add hospitality asset within a small but active market.

Location Description

Located in southwestern Kansas, Ulysses serves as the county seat of Grant County and anchors a region supported by agriculture, energy production, and small business growth. The town’s strategic position along key travel routes provides a steady mix of corporate, agricultural, and leisure demand, making it an ideal setting for a dependable lodging investment with long-term upside potential.

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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum. 

Devesh “Devo” Ragha
Associate
TX #758386
(806) 584-1454
dragha@newgenadv.com

BROKER OF RECORD

Richard Queen Jr.

NewGen Advisory KS LLC

KS #BR00232332

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