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411 S Webb Rd
Wichita, KS 67207
Hawthorn Suites by Wyndham Wichita East · Hospitality Property For Sale
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44,000 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Year Built | 1981 | |
| Building Class | B | Parking Ratio | 2.19/1,000 SF |
| Lot Size | 2.93 AC | Corridor | Interior |
| Building Size | 44,000 SF | ||
| Zoning | GC | ||
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | B |
| Lot Size | 2.93 AC |
| Building Size | 44,000 SF |
| No. Stories | 2 |
| Year Built | 1981 |
| Parking Ratio | 2.19/1,000 SF |
| Corridor | Interior |
| Zoning | GC |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
ABOUT 411 S WEBB RD , WICHITA, KS 67207
The Hawthorn Suites is 64 room exterior corridor property located in Wichita,KS. Wichita is one of the largest and fastest growing markets in the U.S. with few hospitality opportunities available for sale. The Wichita market has seen strong growth highlighted by over 10% RevPar growth among extended stay hotels. The Hawthorn Suites has seen a growth of 10% in RevPAR along with a 10% growth in Sales in 2018 and continues to trend upward, yet its performance still trails its competitive set providing opportunity for a new owner to further grow the business. Hawthorn Suites Wichita is currently the only extended stay Wyndham property in Wichita Kansas and hence offers a perfect opportunity for the future owner to hit the ground running with a strong 10.17% CAP ratio. Hawthorn Suites by Wyndham has an excellent location in East Wichita--one of the most affluent parts of the city--offering business, culture, cuisine, shopping, nightlife and pro sports all within minutes. Wichita Kansas is the number one destination for sports tournaments for kids under 18 and the Hawthorn Suites Wichita strategically located drawing repeat business year after year from these visitors. Hawthorn Suites is also a prime location for Pilots visiting from all over the world for their annual Flight Safety training. Nearby tourist attractions include Sedgwick County Zoo, Botanical Garden, Old Cowtown Museum, Museum of World Treasures, Kansa Aviation Museum, Southwind Casino, 7 Clans Casino; Major universities nearby include Wichita State University, KU Medical School campus, Newman University and Friends University; Popular venues nearby include Intrust Bank Arena, Century II Performing Arts/Convention center , The Cotillion Ballroom; Major Corporate locations Cessna Aircraft Company, Flight Safety Learning Center just to name a few. Located along Kellog US 400 and Interstate 35 the hotel also offers convenient access to Dwight D. Eisenhower National Airport and Newton Amtrak Station. The hotel recently completed a renovation in 2017-2018 and the owner is current with the property's PIP requirements. Please contact us if you have further interest in this opportunity. Do not visit the property without an appointment. Do not contact the property or speak with employees.
PROPERTY TAXES
| Parcel Number | 114-20-0-44-02-001.00 | Improvements Assessment | $86,525 |
| Land Assessment | $275,425 | Total Assessment | $361,950 |
PROPERTY TAXES
