Log In/Sign Up
Your email has been sent.
Quality Inn Arkansas City 3232 N Summit St 83 Room Hotel Arkansas City, KS 67005 $1,895,000 ($22,831/Room)
INVESTMENT HIGHLIGHTS
- Quality Inn Ark City, KS is being offered at a new price of $1,895,000 with a 5-year average revenue of $646,000 (3.17X)
- With a prime location and impressive amenities, this is a deal that savvy investors won't want to miss out on.
- Renovated Manager/Owner Suite
- Priced at $23,295/Key
- Complimentary breakfast, indoor pool, fitness center, business center, guest laundry, and conference/meeting space, and storage units
- Unbeatable Value: This property boasts a low cost per square foot of just $30.62, offering investors an incredible opportunity to maximize their ROI.
EXECUTIVE SUMMARY
PRICE IMPROVEMENT! Introducing Quality Inn Ark City at 3232 N Summit, Arkansas City KS 67005. This 61,875 SF hotel, featuring 88 rooms on 6.30+/- acres of land, presents a prime investment opportunity now priced at $1,895,000. With a recent renovation investment exceeding $739,000, the property offers investors a low price per key of $23,295 and a remarkable price per square foot of $33.13. Boasting amenities like complimentary breakfast, indoor pool, fitness center, business center, and conference space, Quality Inn Ark City provides an attractive package for potential buyers. The location, coupled with the potential to increase revenue through various strategies like local employer contracts, bar/restaurant development, outdoor storage units and banquet hall utilization, sets the stage for a lucrative investment. Don't miss out on the chance to maximize ROI and acquire a valued asset in Arkansas City.
Notice to Potential Visitors:
Please do not appear at the property without scheduling an appointment in advance. Unannounced visits will not be accommodated. To view the hotel or for more information, please contact us to arrange a suitable time for a showing.
Notice to Potential Visitors:
Please do not appear at the property without scheduling an appointment in advance. Unannounced visits will not be accommodated. To view the hotel or for more information, please contact us to arrange a suitable time for a showing.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $1,895,000 | Building Size | 75,689 SF |
| Price Per Room | $22,831 | No. Rooms | 83 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1980 |
| Property Subtype | Hotel | Parking Ratio | 2.09/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 6.32 AC | Opportunity Zone |
Yes
|
| Zoning | C - Commercial | ||
| Price | $1,895,000 |
| Price Per Room | $22,831 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 6.32 AC |
| Building Size | 75,689 SF |
| No. Rooms | 83 |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 2.09/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | C - Commercial |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 83 | $74.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 294-18-0-20-01-002.00-0 | Improvements Assessment | $115,178 |
| Land Assessment | $21,698 | Total Assessment | $136,876 |
PROPERTY TAXES
Parcel Number
294-18-0-20-01-002.00-0
Land Assessment
$21,698
Improvements Assessment
$115,178
Total Assessment
$136,876
1 of 40
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Quality Inn Arkansas City | 3232 N Summit St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.