5968 SW 10th Ave
Topeka, KS 66604
Super 8 by Wyndham Topeka/Wanamaker RD/I-70 · Hospitality Property For Sale
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25,359 SF
PROPERTY FACTS
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.41 AC |
| Building Size | 25,359 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1984/2011 |
| Tenancy | Single |
| Parking Ratio | 1.7/1,000 SF |
| Corridor | Interior |
| Zoning | C4 |
AMENITIES
- Business Center
- High Speed Internet Access
- Public Access Wifi
ABOUT 5968 SW 10TH AVE , TOPEKA, KS 66604
Fee simple interest in the 60-room Super 8 I-70 Wanamaker Rd Topeka, KS available at a significant discount to replacement cost Offered unencumbered of debt and management with ability to retain the Super 8 flag through a long-term relicense agreement with Wyndham Ideal owner-operator investment with a track record of strong historic cashflow including a 36%+ NOI margin for YE 2021 Immediately accessible from I-70 & SW Wanamaker Rd, adjacent to the I-470 interchange, with approximately 70,000 vehicles passing the location daily Situated on 1.4+ acres with ample space for tractor trailer, RV, and bus parking Convenient to all local and regional demand including West Ridge Mall, the Kansas State Capitol Building, Stormont-Vail Hospital, Washburn University, and the $100MM Wheatfield Village mixed-use development Topeka is the state capital of Kansas, located directly west of the Kansas City KS/MO MSA and its population of ~2.17MM residents Strong recovery underway with comp set YE 2021 RevPAR outpacing 2019 by nearly 20%
PROPERTY TAXES
| Parcel Number | 098-33-0-20-04-022-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $359,665 |
