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Super 8 El Dorado 2530 W Central

49 Room Hotel El Dorado, KS 67042 $1,850,000 ($37,755/Room)

Investment Highlights

  • 15,500 Vehicles Per Day.
  • The City of El Dorado maintains an extensive parks and recreation system.
  • El Dorado State Park is also located just beyond the city limits.
  • Located just 30 miles East-Northeast of Wichita.

Executive Summary

Discover a lucrative investment opportunity at Super 8 - El Dorado, KS, located at 2530 W Central Ave, El Dorado, KS 67042. With a strong history of annual revenue averaging $600,000 over the last three years, this 49-room hotel is offered at a price of $1,850,000. Situated in a prime location off a main highway with 15,500 vehicles passing by daily, the property enjoys both high visibility and accessibility. Recent renovations ensure a modern and inviting atmosphere for guests, with further growth potential due to its large lot size. North side is currently used for truck parking. For investors seeking a property with a proven track record in a growing market, Super 8 - El Dorado, KS presents a compelling opportunity. Don't miss the chance to capitalize on this established motel that promises returns and future growth. Owner will consider seller financing on a small portion of the purchase. Reach out for more information or a tour!

Property Facts

Price $1,850,000
Price Per Room $37,755
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.50 AC
Building Size 18,064 SF
No. Rooms 49
No. Stories 2
Year Built/Renovated 1992/2020
Tenancy Single
Parking Ratio 3.21/1,000 SF
Corridor Interior

Amenities

  • High Speed Internet Access

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 49 $66.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
008-212-04-0-00-17-008.00-0
Land Assessment
$46,000
Improvements Assessment
$196,675
Total Assessment
$242,675

zoning

Zoning Code M1 (commercial)
M1 (commercial)
  • Listing ID: 31584819

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 2530 W Central, El Dorado, KS 67042

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