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Plaza Inn 3810 SW Topeka Blvd 78 Room Hotel Topeka, KS 66609 $1,200,000 ($15,385/Room)
INVESTMENT HIGHLIGHTS
- Located in a designated Tax Increment Financing (TIF) district, this property qualifies for potential tax incentives.
EXECUTIVE SUMMARY
Prime Investment Opportunity. This family operated 78 rooms motel (19 Kitchenette Rooms) includes a 4-bedroom manager apartment attached to the front desk. This hotel is perfect for family operation. New roof replacement in April 2022. It is ideally located near a major interstate and key city thoroughfare, ensuring steady traffic and excellent accessibility. Located in a designated Tax Increment Financing (TIF) district, this property qualifies for potential tax incentives, making it even more attractive for investors looking to maximize their return.
PROPERTY FACTS
| Price | $1,200,000 | Building Size | 58,758 SF |
| Price Per Room | $15,385 | No. Rooms | 78 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1959/2012 |
| Property Subtype | Hotel | Parking Ratio | 2.81/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 6.27 AC | ||
| Zoning | C PUD | ||
| Price | $1,200,000 |
| Price Per Room | $15,385 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 6.27 AC |
| Building Size | 58,758 SF |
| No. Rooms | 78 |
| No. Stories | 1 |
| Year Built/Renovated | 1959/2012 |
| Parking Ratio | 2.81/1,000 SF |
| Corridor | Exterior |
| Zoning | C PUD |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 78 | $52.00 | - |
PROPERTY TAXES
| Parcel Number | 134-19-0-20-03-018-030 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $208,320 |
PROPERTY TAXES
Parcel Number
134-19-0-20-03-018-030
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$208,320
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Plaza Inn | 3810 SW Topeka Blvd
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