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 |
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%
Parcel Number | 098-33-0-20-04-022-000 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $359,665 |
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