Super 8 Quail Ridge - Winfield , KS

This Pride of Super 8 property features a number of upgrades and is the ideal size for a family operation. Or, the adjacent Quality Inn & Suites could be included to create a small portfolio, perfect for an owner-operator. The hotel has been a steady performer, however, it does represent an upside opportunity for an onsite owner operator involved in the community. It is in good condition and has many of the upgrades required by Super 8. Between the two hotels, the 2018 revenue will be around $1MM.

Property Details

Address 3803 S. Pike Rd., Winfield KS 67156
Price $975,000
Rooms 41
Price Per Key 23,780
Revenue Call or email for CA

Executive Summary

This Super 8 has been a consistant performer over the years, and is ideal for a first time buyer.  It is located adjacent to the 51 key Quality Inn & Suites which is also for sale.   The interior corridor hotel is a perfect size for a family operation and can also be combined with the adjacent Quality Inn & Suites.  It is located in the southwest quadrant of Winfield on heavily traveled Hwy 77.  

Notable Local Demand Generators:

  • Walnut Valley Festival
  • Winfield (Cowley County) Fairgrounds
  • Southwest College (4 year)
  • Cowley County Community College
  • Strother Field

      Notable Area Businesses:

  • Western Industries
  • Silgan Dispensing Systems
  • Husky Liners
  • Webster Combustion
  • Ferguson Enterprises
  • Newell Rubbermaid
  • GE Engine Services

  MARKET/ HOTEL OVERVIEW:

Winfield, KS, population 12,000, has many attributes that are attractive to business, including a four-year college, a junior college, an active business community and an airport (Strother Field).   The industrial park at Strother is home to a number of major employers, collectively with over 1,500 employees.   The Super 8 and Quality Inn & Suites feature an opportunity to purchase individual properties or a small portfolio, located adjacent to each other and by different parent franchise companies.   The Super 8 is a Pride of Ownership designee with most of the Super 8 mandated upgrades.  Either or both properties lend themselves to an owner-operator or placing an onsite partner to operate. 

Contact an Associate

Brent Jaynes, Managing Partner Brent Jaynes, Managing Partner
913-499-4731 (office)
Send an Email
James Korroch James Korroch
316-634-1819 (office)
316-304-6091 (mobile)
Send an Email

Hotel Description

  • Pride of Super 8
  • Two Story – interior corridor
  • Nice owner's quarters
  • Built 1999
  • Business center
  • Ample parking
  • Indoor pool

COMPELLING INVESTMENT CONSIDERATIONS:

  • Offered at a very attractive price, less than $24K per key and 3X room revenue
  • Offered individually or with the adjacent Quality Inn & Suites
  • Over $1MM in revenue between the 2 assets
  • Ability to operate 2 adjacent hotels
  • Only 40 miles to metro Wichita
  • Onsite owner/family can reduce expenses