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- LoopNet Team
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 | No. Stories | 2 |
Property Subtype | Hotel | Year Built/Renovated | 1994/2021 |
Building Class | C | Parking Ratio | 3.62/1,000 SF |
Lot Size | 2.30 AC | Corridor | Interior |
Building Size | 22,120 SF |
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
Parcel Number | 087-26-0-30-01-004.02-0 | Improvements Assessment | $126,810 |
Land Assessment | $29,410 | Total Assessment | $156,220 |
PROPERTY TAXES
zoning
Zoning Code | C4 |
C4 |
Learn More About Investing in Hospitality Properties
Listing ID: 23657419
Date on Market: 7/12/2021
Last Updated:
Address: 2800 W Main St, Independence, KS 67301