This offering represents the opportunity to own the nicest economy hotel in one of Wichita’s upscale retail and office corridors, while still only offered at under $42K per key.    Many demand generators nearby and strong performance during pandemic.

Executive Summary

We’re excited to present to you a 97-unit beautifully renovated Super 8 Hotel. This hotel is well positioned in the prominent city of Wichita, KS located in the best part of N. Rock market and K-96 corridor. 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.  A perfect opportunity for an owner wanting to enter a hotel that stood the test in 2020 and has a minimal ownership transfer PIP. The rooms are renovated to Super 8’s Innovate standard and may appeal to anyone who wants to purchase a property that is ready to operate and take advantage of the pent-up travel demand.

Property Details

Address
3741 N Rock Rd, Wichita, KS 67226
Price
$4,000,000 
Rooms
97 
Price Per Key
$41,237 
Property Type
Limited Service 
Revenue
Call or Email for CA 
Website
 

Hotel Description

  • Pandemic resistant revenues! Strong 2019 and 2020
  • Super 8 Innovate renovation completed in guest rooms and lobby!
  • 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
  • 97 keys, perfect for maximizing occupancy
  • Indoor corridor
  • Keyless entry
  • Flat Screen TVs
  • RV Parking
  • Attractive continental breakfast area
  • Microwaves & mini fridges
  • No pool to maintain
  • Guest WIFI
  • Fitness Center

Contact a Broker

Nihar Patel


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