3200 El Dorado Ave - Hospitality FOR SALE


El Dorado, KS 67042
$3,450,000 USD
480-766-6014
3200 El Dorado Ave, El Dorado, KS for Sale
$3,450,000 USD
Hospitality - FOR SALE
1/16
null | 13.3% Cap Rate

3200 El Dorado Ave
El Dorado, KS 67042


HIGHLIGHTS

  • 42 Rooms, Full Kitchens
  • Large Manager's Living Quarter
  • Built in 2015, Interior Corridor, Elevator
  • Awarded Wyndham President’s Award 2016-2023
  • Priced Below Replacement Cost

OVERVIEW

Kishan Gohel of NewGen Advisory is pleased to present the opportunity to acquire the Days Inn & Suites located in El Dorado, Kansas. This hotel consists of 42 interior corridor rooms all with full kitchens along with a six bedroom, three bathroom manager’s living quarter. This prestigious property was built in 2015 and is the recipient of the Wyndham President’s Award 2016-2023, Wyndham Green Core, and Tripadvisor’s Travelers’ Choice 2022. The Days Inn & Suites performs well above its Comp Set year over year. Priced below replacement cost at $3,450,000. Located in Butler County just outside of Wichita, El Dorado is a city with a rich historical and cultural background. Established in 1870, it became prominent due to the discovery of oil in the early 20th century, earning it the nickname "Oil Hill." This oil boom significantly contributed to the city's economic growth and development. El Dorado is the county seat and offers a blend of historical charm and modern amenities. The downtown area features a variety of local businesses, shops, and restaurants, enhancing the small-town atmosphere. The city is also home to cultural landmarks like the Coutts Museum of Art and the Butler County History Center and Kansas Oil Museum, which highlight the area's artistic and historical heritage.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$140 USD /SF

# OF ROOMS

42

PRICE/ROOM

$82,143 {currency}

CAP RATE

13.3%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn & Suites by Wyndham El Dorado

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2015

PARKING SPACES

55

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

C1

APN/PARCEL ID

008-213-05-0-00-00-040.00-0

ASK ABOUT THIS PROPERTY

Kishan GohelNewGen AdvisoryMore Info
480-766-6014

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Kishan GohelNewGen AdvisoryMore Info
480-766-6014

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