1420 N Lorraine St | Hutchinson, KS 67501
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1420 N Lorraine St
Hutchinson, KS 67501
Days Inn & Suites by Wyndham Hutchinson · Hospitality Property For Sale
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28,461 SF
INVESTMENT HIGHLIGHTS
- ±20,615-square-foot, 67-room Days Inn & Suites by Wyndham Hotel located in Hutchinson, Kansas.
- Value-add opportunity with light Property Improvement Plan and strong 2019 revenue of $623,000.
- Located in an Opportunity Zone which presents significant tax savings incentives for investors looking for a 1031 exchange or capital gains dollars.
- Amenities Include a pool, fitness center, free breakfast, free WiFi, and laundry facilities, and a microwave and mini fridge in the rooms.
- Above average reviews on Trip Advisor and top 10 ranked hotel in Hutchinson.
- Population exceeds 46,000 within a 5-mile radius and has an average household income of over $65,000.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1999/2009 |
| Building Class | B | Parking Ratio | 2.25/1,000 SF |
| Lot Size | 1.78 AC | Corridor | Interior |
| Building Size | 28,461 SF | ||
| Zoning | C4 - Commercial District | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.78 AC |
| Building Size | 28,461 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1999/2009 |
| Parking Ratio | 2.25/1,000 SF |
| Corridor | Interior |
| Zoning | C4 - Commercial District |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 133-08-0-20-01-008.00 | Improvements Assessment | $144,620 |
| Land Assessment | $87,230 | Total Assessment | $231,850 |
PROPERTY TAXES
Parcel Number
133-08-0-20-01-008.00
Land Assessment
$87,230
Improvements Assessment
$144,620
Total Assessment
$231,850
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