709 S 13th St - Hospitality FOR SALE


Wakeeney, KS 67672
$2,000,000 USD
805-567-2679
709 S 13th St, Wakeeney, KS for Sale
$2,000,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

709 S 13th St
Wakeeney, KS 67672


HIGHLIGHTS

  • 43 units, Interior Corridors on a large 3.44 Acre lot
  • Located conveniently off I-70
  • Trailing Twelve Month Revenue July 2024 - $604,812
  • Well priced at 3.3x multiplier of the TTM Revenue
  • Located 4 hours from Kansas City, MO and 4.5 Hours from Denver, CO

OVERVIEW

The Bowman Post Group of NewGen Advisory is pleased to present for sale the fee simple interest in the Super 8 by Wyndham in Wakeeney, Kansas. This 43 unit, interior corridor property is easily accessible with great interstate visibility from I-70, providing a prime location for travelers. The Super 8 is well priced at under 3.3x multiplier of the trailing twelve month revenue. This is a tremendous opportunity for an owner-operator to invest in a well performing asset. Wakeeney, Kansas stands as a beacon of Midwestern charm and hospitality. This quaint town, often referred to as the "Christmas City of the High Plains," warmly welcomes visitors with its blend of small-town allure and historical significance. Wind energy projects bring significant economic benefits to the region. They create jobs during construction, operation, and maintenance phases, providing employment opportunities for local residents. The surrounding fertile plains support a robust farming community such as corn and wheat harvesting as well as livestock and cattle ranching, Nearby Cedar Bluff State Park hosts hiking trails that lead to breathtaking overlooks of the Smoky Hill River Valley. Fishing, hunting, boating, and camping opportunities abound, Cedar Bluff offers a perfect retreat for nature enthusiasts and families alike. Wakeeney, Kansas, exemplifies the enduring spirit of rural America, where agriculture, small businesses, and community values converge to sustain a vibrant economy. Broker of Record: Richard Queen | NewGen Advisory KS, LLC. | License No.: BR00232332

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$80 USD /SF

# OF ROOMS

43

PRICE/ROOM

$46,512 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 Wakeeney

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1999

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.44 AC

LAND SF

149,846 SF

ZONING

C-2

APN/PARCEL ID

085-16-0-00-00-006.00-0

ASK ABOUT THIS PROPERTY

Kyle SchumacherNewGen AdvisoryMore Info
805-567-2679

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Kyle SchumacherNewGen AdvisoryMore Info
805-567-2679

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