2404 E Washington St - Hospitality FOR SALE


Fredonia, KS 66736
$950,000 USD
805-557-8867
2404 E Washington St, Fredonia, KS for Sale
$950,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

2404 E Washington St
Fredonia, KS 66736


HIGHLIGHTS

  • 25 Units, Interior Corridors, 2 Stories
  • Priced to sell 2.5X Multiplier
  • 2023 Revenue $379,064
  • Limited Competition in the area
  • Ideal for Owner Operator
  • Located 1.5 hours from Wichita

OVERVIEW

The Bowman Post Group of NewGen Advisory is delighted to present the Americas Best Value Inn for sale in Fredonia, Kansas. This expansive property sits on an impressive 36.19 acres and features 25 well-appointed units with convenient interior corridors, offering a versatile canvas for potential conversion into various alternative uses. Priced competitively with a 2.5X multiplier, this property represents a compelling opportunity for investors seeking both immediate returns and long-term appreciation. Its strategic location at the junction of Highway 400 and Highway 47, just one hour from Wichita, Kansas, enhances its appeal as a prime destination for travelers and commuters, ensuring steady occupancy and revenue potential year-round.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$37 USD /SF

# OF ROOMS

25

PRICE/ROOM

$38,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Americas Best Value Inn Fredonia

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

2003

PARKING SPACES

-

LAND DETAILS

LAND ACRES

36.19 AC

LAND SF

1,576,436 SF

ZONING

C1

APN/PARCEL ID

134-18-0-10-01-001.00-0

ASK ABOUT THIS PROPERTY

Mac BleierNewGen AdvisoryMore Info
805-557-8867

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Mac BleierNewGen AdvisoryMore Info
805-557-8867

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.