4849 S Laura St - Hospitality FOR SALE


Wichita, KS 67216- South Area
$1,890,000 USD
405-810-1414
4849 S Laura St, Wichita, KS for Sale
$1,890,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

4849 S Laura St
Wichita, KS 67216
South Area


HIGHLIGHTS

  • New, lower price
  • Turnpike Gates - Interstate / Turnpike location and visibility
  • Back on the Market!
  • Absentee owned
  • Renovated (Choice website photos are not yet updated)
  • Priced at 3.25 Room Gross

OVERVIEW

• New, lower price • Interstate / Turnpike location and visibility • Absentee owned • Renovated (Choice website photos are not yet updated) • Priced at 3.25 Room Gross Recently price reduced, the 79-room, 2-story, Quality Inn Wichita South is located between I-135 & I-35 directly at the Interstate gates, and minutes from the Dwight D. Eisenhower National Airport. Priced at 3.25X room gross, the hotel is essentially absentee owned. The hotel was renovated several years ago with new case goods, soft goods and finishes. The hotel features all typical Choice amenities including a breakfast room, outdoor pool, business center, guest laundry and fitness room. This hotel is also conveniently located near historic Old Town and area attractions like Exploration Place, several Casinos, Sedgwick County Zoo, the Kansas Coliseum, Old Cowtown Museum, Friends University, Newman University and Wichita State University. Additional nearby points of interest include Century II Performing Arts & Convention Center, Lawrence-Dumont Stadium, Botanica - The Wichita Gardens, Towne West Square and Wichita Greyhound Park. The hotel is also 15 miles the world famous Willowbend Golf Club and the Wichita Country Club, Koch Industries, and over 450 aerospace production facilities including OneX/Boeing, Textron/Cessna, Challenger/Bombardier, and Learjet among others.

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$61 USD /SF

# OF ROOMS

80

PRICE/ROOM

$23,625 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn South Wichita

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1985

PARKING SPACES

108

LAND DETAILS

LAND ACRES

3.51 AC

LAND SF

152,816 SF

ZONING

LI

APN/PARCEL ID

215-21-0-12-02-002.00A,215-21-0-12-02-002.00B

ASK ABOUT THIS PROPERTY

Bruce HolmesHotelBrokerOneMore Info
405-810-1414

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Bruce HolmesHotelBrokerOneMore Info
405-810-1414

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