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Super 8 by Wyndham Abilene 2207 N Buckeye Ave

58 Room Hotel Abilene, KS 67410 $1,900,000 ($32,759/Room) 6.95% Cap Rate

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Investment Highlights

Located on on ramp of I-70, great visibility and access

Executive Summary

Prime commercial/motel property located on exit of Abilene, KS. Looking for a property with great access and exposure to I~70! This property has it all. The Super 8 is located on the SE corner of the exit for Abilene, KS. This 58 room property has been recently updated with carpet, paint and facilities. It offers 55 parking spots with 7 additional parking spots for large trucks. This is a prime location with perfect visibility to I~70 Interstate.

Abilene Stats from datausa.io

Financial Summary (Actual - 2023)	Annual	Annual Per SF
Gross Rental Income	$563,913	$24.63
Other Income	-	-
Vacancy Loss	$1,237	$0.05
Effective Gross Income	$562,676	$24.57
Taxes	$38,000	$1.66
Operating Expenses	$398,534	$17.40
Total Expenses	$436,534	$19.06
Net Operating Income	$126,142	$5.51

Financial Summary (Actual - 2023)

Gross Rental Income
Annual	$563,913
Annual Per SF	$24.63

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	$1,237
Annual Per SF	$0.05

Effective Gross Income
Annual	$562,676
Annual Per SF	$24.57

Taxes
Annual	$38,000
Annual Per SF	$1.66

Operating Expenses
Annual	$398,534
Annual Per SF	$17.40

Total Expenses
Annual	$436,534
Annual Per SF	$19.06

Net Operating Income
Annual	$126,142
Annual Per SF	$5.51

Property Facts

Price	$1,900,000	Lot Size	1.61 AC
Price Per Room	$32,759	Building Size	22,899 SF
Sale Type	Investment	No. Rooms	58
Cap Rate	6.95%	No. Stories	3
Sale Conditions	1031 Exchange Business Value Included	Year Built/Renovated	1989/2020
Property Type	Hospitality	Parking Ratio	2.71/1,000 SF
Property Subtype	Hotel	Corridor	Interior
Building Class	C

Price	$1,900,000
Price Per Room	$32,759
Sale Type	Investment
Cap Rate	6.95%
Sale Conditions	1031 Exchange Business Value Included
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	1.61 AC
Building Size	22,899 SF
No. Rooms	58
No. Stories	3
Year Built/Renovated	1989/2020
Parking Ratio	2.71/1,000 SF
Corridor	Interior

Amenities

Business Center
High Speed Internet Access

Meeting Event Space

Public Access Wifi

Smoke-Free

About 2207 N Buckeye Ave , Abilene, KS 67410

DO NOT CALL HOTEL FOR INFO. Price Reduction! Prime commercial/hotel property located on exit of Abilene, KS. Looking for a property with great access and exposure to I-70? This property has it all. The Super 8 is located on the SE corner of the exit for Abilene, KS. This 58 room property has been recently updated with carpet, paint and facilities. It offers 55 parking spots with 7 additional parking spots for large trucks. This is a prime location with perfect visibility to I-70 Interstate. Call Mike Downing today to see this property. Call Mike Downing 785-249-2134

Room Mix Information

Description	No. Rooms	Daily Rate	SF
Guest Room	58	$66.00	-

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PROPERTY TAXES

Parcel Number	112-09-0-10-02-004.01-0	Total Assessment	$240,097 (2024)
Land Assessment	$22,563 (2024)	Annual Taxes	$38,000 ($1.66/SF)
Improvements Assessment	$217,534 (2024)	Tax Year	2023