Baymont by Wyndham Pratt — Sale in Pratt, KS

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Pratt, KS 67124
  • Year built: 2008

Photos

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Investment Figures

Cap rate
7.60%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the exclusive opportunity to acquire the Baymont by Wyndham Pratt, an award-winning, all-suite hotel strategically located along the U.S. Route 54/400 corridor in Pratt, Kansas. The offering provides investors the opportunity to acquire a recently renovated Wyndham-branded asset with stable room revenue, limited anticipated near-term capital requirements, and compelling operational upside through a transition from absentee ownership to more hands-on management. Originally constructed as a Comfort Suites, the property features an attractive all-suite guestroom configuration, with every room offering a sofa sleeper and additional living space well suited for extended-stay, family, group, and corporate demand. The hotel underwent a comprehensive renovation in conjunction with its 2024 Baymont conversion, with the majority of interior components updated. Recent capital investment also includes an approximately $100,000 roof replacement completed in summer 2026. The property's strong physical and brand condition is expected to result in limited near-term PIP requirements, allowing new ownership to focus capital and resources on revenue growth and operational performance. The Baymont Pratt has demonstrated an exceptional track record within the Wyndham system, earning the Best of Baymont Award for three consecutive years in 2023, 2024, and 2025. This sustained brand recognition, combined with the property's recent renovation and established operating history, provides a strong foundation for continued performance. In addition to the Best of Baymont awards, the current owner was awarded the Baymont Developer of the Year award in 2024 for the quality of the conversion renovation the hotel underwent. Strategically positioned within walking distance of Pratt Community College and Dennis Lesh Sports Arena, the property benefits from diverse year-round lodging demand spanning university, athletic, group, corporate, railroad, healthcare,

Market Context

This hospitality in Pratt, KS is listed for sale. It is offered at an approximate 7.6% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 2008. Compare it against other hospitality listings for sale in Pratt, KS — view the full market.

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