Move to Modern PIP completed in 2018.  Location is in Wichita’s most prestigious retail and office corridors.   Renovated but still under $61K per key.   A great long term play.

Executive Summary

We’re excited to present to you a 99-unit beautifully renovated Comfort Inn & Suites at a price below replacement cost. This hotel is well positioned in the prominent city of Wichita, KS. The N. Rock Road/K-96 area boasts two of the premier retail and office corridors in Wichita. Household income within a one mile radius is estimated to be the highest in Wichita. All of Wichita’s upscale retailers and office park developments are found in these corridors. This is an opportunity for someone interested in buying a hotel that has a completed Move to Modern standard by Choice hotels. It had amazing 2019 revenues, and 2021 is trending positive with the recovery in the right direction.

Thus, if you are looking for a hotel that’s in the best part of N. Rock market and the K-96 corridor in Wichita, KS, then this hotel is worth your consideration.

Property Details

Address
7856 E 36th St N, Wichita , KS 67226
Price
$6,000,000 
Rooms
99 
Price Per Key
$60,606 
Property Type
Limited Services  
Revenue
Call or Email for CA 
Website
 

Hotel Description

  • Move to Modern PIP completed in Guest rooms and Lobby in Early 2018!
    • Minimal Ownership anticipated
  • Offered at well below replacement cost!
  • Part of the N. Rock market and the K-96 corridor in Wichita, KS
  • Demand Generator – Koch Industries (largest privately owned company in the US)……….an international company with over 120,000 employees
  • Demand Generator – Kansas University and Wichita State University
  • Indoor corridor
  • Keyless entry
  • Flat Screen TVs
  • Large Attractive continental breakfast area
  • Microwaves & mini fridges
  • Guest WIFI
  • Fitness Center
  • Pool/Spa

Contact a Broker

Nihar Patel


Topeka, KS
Cell: 785-554-7810
Fax: 316-281-4243