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2608 E Kansas Ave
Garden City, KS 67846

Comfort Inn Garden City - 12.4% Cap Rate · Hospitality Property For Sale · 62 Rooms

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.23 AC
Building Size 30,543 SF
No. Rooms 62
No. Stories 3
Year Built/Renovated 2003/2017
Parking Ratio 2.16/1,000 SF
Corridor Interior

Amenities

  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

About 2608 E Kansas Ave , Garden City, KS 67846

Cash on Cash Return of 32% and 12.4% Cap Rate! This Comfort Inn represents all the attributes of a superior hotel investment…that is, high revenue, strong net income, a highway location and a solid market with multiple demand generators. Garden City is in southwest Kansas and has a population of over 27,000. The hotel is situated off the junction of Highway 83 and 156. Garden City demand generators include Garden City Community College, Lee Richardson Zoo, Buffalo Dunes Golf Course, the Hot Air Balloon Classic and Beef Empire Days. Construction is set to begin on the Sports of the World Complex, a $31 million-dollar project which will include a 160,000 sq. ft. multi-sport facility. Major businesses such as Tyson Meat Packaging, St. Catherine Hospital, Bonanza Bioenergy Ethanol and Sunflower Electric also contribute to the hospitality demand. This 62 room, 3-story hotel with an elevator has received many upgrades, including The Truly Yours room package. Guests enjoy amenities such as an indoor pool and hot tub, fitness room, guest laundry and flat screen TV’s. The hotel also has an "Excellent" rating from guests on the Choice Hotels web site! The Comfort Inn Garden City provides high room revenue, cash flow and a strong hospitality market.

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 62 $118.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
272-09-0-30-06-001.00-0
Land Assessment
$62,030
Improvements Assessment
$527,808
Total Assessment
$589,838

zoning

Zoning Code C2
C2
  • Listing ID: 16754684

  • Date on Market: 7/29/2019

  • Last Updated:

  • Address: 2608 E Kansas Ave, Garden City, KS 67846

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