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Browse More Listings in Hotel & Motel For Sale, Wichita, KS or Kansas

Hotel / Motel For Sale

Santa Fe Motel

1422 S Santa Fe, Wichita, KS 67211

Price:
$230,000
No. Rooms:
8
Building Size:
4,807 SF
Price/Room:
$28,750
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Additional Sub-types:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
10.70%
Year Built:
1950
Lot Size:
17,632 SF
Find Out More...

Last Verified 11/17/2009 Listing ID 16446457

Highlights

Off-Street Parking
On-Site Owner/Manager
Clean, Quiet Property

2008 Real Estate Taxes - $1,497.01
3-Mile Population - 101,198
3-Mile Household Income - $41,653

Description

The Santa Fe Motel complex includes 8 units in 2 fourplex buildings as well as a manager's unit. Historically well-occupied, the property is clean and quiet with on-site owner/manager and off-street parking.

This complex consists of 7 1-bedroom units and one studio unit. All apartment units are fully furnished and come complete with a full kitchen.

Located south of Down Town near the intersection of S Santa Fe and Zimmerly.

Attachments

Enhanced Listing Web Site

Financial Summary

Actual
Year
2008
Net Operating Income
$24,599

Map of 1422 S Santa Fe, Wichita, KS 67211 (Sedgwick County)

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Contact Listing Broker

Jeff Walenta (316) 262-0000

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Created 10/26/2009

Additional Information for 1422 S Santa Fe Street, Wichita, KS 67211

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - Santa Fe Motel

1422 S Santa Fe, Wichita, KS, 67211