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This Hospitality Property is no longer advertised on LoopNet.com.

2800 W Main St
Independence, KS 67301

Super 8 Independence · Hospitality Property For Sale · 22,120 SF

Investment Highlights

  • Aggressively priced at under $20,000/room
  • NEW Beds , Bedding & Case Goods
  • Newer flooring in lobby, breakfast area & stairwells
  • NEW 43" Flat Screen TV's & Lamp Package
  • Very nice on-site manager's apartment (full kitchen & separate bedroom)
  • Strong location adjacent to Walmart

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.30 AC
Building Size 22,120 SF
No. Stories 2
Year Built/Renovated 1994/2021
Parking Ratio 3.62/1,000 SF
Corridor Interior

Amenities

  • Pool

About 2800 W Main St , Independence, KS 67301

This 51-unit, 2-story, interior corridor Super 8 opened in 1994.  The property had been a steady performer until the previous owner encountered partnership and financial issues.  The current owner purchased the hotel in November 2020, temporarily shut down the hotel for the first several months of 2021 and renovated the hotel.  Independence, with a population approximately 9,000,  is located in southeast Kansas, near the Oklahoma border.  Montgomery County population and trade area is approximately 35,000.    The town is well positioned on several busy highways, Hwy 75 and 160, with 75 being the major north-south connector between Topeka, KS (1-70, I-35) and Tulsa, OK (I-44). There are a number of well known aviation demand generators located in Independence, including Textron Aviation (Cessna), Kansas Aviation and Aviation Controls.  The Cessna plant builds the Cessna Citation M2, among others.  Other notable international businesses are VT Hackney (truck bodies), SMP (automotive products), and Matcor (metal fabrication). Besides these local business, Independence Community College, a frequently awarded 2 year college, features 1600 students and is an effective demand generator.   It has obtained recognition by AffordableColleges.com and by thebestcolleges.com. This well priced offering could be an ideal fit for an onsite partner, an owner-operator, or a regional operator adding to a portfolio.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
087-26-0-30-01-004.02-0
Land Assessment
$29,410
Improvements Assessment
$126,810
Total Assessment
$156,220

zoning

Zoning Code C4
C4
  • Listing ID: 23657419

  • Date on Market: 7/12/2021

  • Last Updated:

  • Address: 2800 W Main St, Independence, KS 67301

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