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Quality Inn South Wichita 4849 S Laura St 80 Room Hotel Wichita, KS 67216 $1,889,000 ($23,613/Room)
INVESTMENT HIGHLIGHTS
- New, lower price
- Back on the Market!
- Renovated (Choice website photos are not yet updated), including a new roof
- Turnpike Gates - Interstate / Turnpike location and visibility
- Absentee owned
- Priced at 3.25 Room Gross
EXECUTIVE SUMMARY
• New, lower price
• Interstate / Turnpike location and visibility
• Absentee owned
• Renovated (Choice website photos are not yet updated), including a new roof.
• Priced at 3.25 Room Gross
Recently price reduced, the 79-room, 2-story, Quality Inn Wichita South is located between I-135 & I-35 directly at the Interstate gates, and minutes from the Dwight D. Eisenhower National Airport. Priced at 3.25X room gross, the hotel is essentially absentee owned. The hotel was renovated several years ago with new case goods, soft goods and finishes. The hotel features all typical Choice amenities including a breakfast room, outdoor pool, business center, guest laundry and fitness room.
This hotel is also conveniently located near historic Old Town and area attractions like Exploration Place, several Casinos, Sedgwick County Zoo, the Kansas Coliseum, Old Cowtown Museum, Friends University, Newman University and Wichita State University. Additional nearby points of interest include Century II Performing Arts & Convention Center, Lawrence-Dumont Stadium, Botanica - The Wichita Gardens, Towne West Square and Wichita Greyhound Park. The hotel is also 15 miles the world famous Willowbend Golf Club and the Wichita Country Club, Koch Industries, and over 450 aerospace production facilities including OneX/Boeing, Textron/Cessna,
Challenger/Bombardier, and Learjet among others.
• Interstate / Turnpike location and visibility
• Absentee owned
• Renovated (Choice website photos are not yet updated), including a new roof.
• Priced at 3.25 Room Gross
Recently price reduced, the 79-room, 2-story, Quality Inn Wichita South is located between I-135 & I-35 directly at the Interstate gates, and minutes from the Dwight D. Eisenhower National Airport. Priced at 3.25X room gross, the hotel is essentially absentee owned. The hotel was renovated several years ago with new case goods, soft goods and finishes. The hotel features all typical Choice amenities including a breakfast room, outdoor pool, business center, guest laundry and fitness room.
This hotel is also conveniently located near historic Old Town and area attractions like Exploration Place, several Casinos, Sedgwick County Zoo, the Kansas Coliseum, Old Cowtown Museum, Friends University, Newman University and Wichita State University. Additional nearby points of interest include Century II Performing Arts & Convention Center, Lawrence-Dumont Stadium, Botanica - The Wichita Gardens, Towne West Square and Wichita Greyhound Park. The hotel is also 15 miles the world famous Willowbend Golf Club and the Wichita Country Club, Koch Industries, and over 450 aerospace production facilities including OneX/Boeing, Textron/Cessna,
Challenger/Bombardier, and Learjet among others.
PROPERTY FACTS
| Price | $1,889,000 | Building Size | 31,195 SF |
| Price Per Room | $23,613 | No. Rooms | 80 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1985/2006 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 5.6/1,000 SF |
| Lot Size | 3.51 AC | Corridor | Interior |
| Zoning | LI - Hotel | ||
| Price | $1,889,000 |
| Price Per Room | $23,613 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.51 AC |
| Building Size | 31,195 SF |
| No. Rooms | 80 |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2006 |
| Tenancy | Single |
| Parking Ratio | 5.6/1,000 SF |
| Corridor | Interior |
| Zoning | LI - Hotel |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 3 | $90.00 | - |
| Guest Room | 77 | $71.00 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $194,525 | |
| Land Assessment | $134,475 | Total Assessment | $329,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$134,475
Improvements Assessment
$194,525
Total Assessment
$329,000
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Quality Inn South Wichita | 4849 S Laura St
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