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Quality Inn South Wichita 4849 S Laura St

79 Room Hotel Wichita, KS 67216 $1,990,000 ($25,190/Room)

Investment Highlights

  • New, lower price
  • Back on the Market!
  • Renovated (Choice website photos are not yet updated)
  • Turnpike Gates - Interstate / Turnpike location and visibility
  • Absentee owned
  • Priced at 3.25 Room Gross

Executive Summary

Recently price reduced, the 79-room, 2-story, Quality Inn Wichita South is located between I-135 & I-35, near the Dwight D. Eisenhower National Airport. The hotel features all typical Choice amenities including a free, hot breakfast, outdoor pool, business center, guest laundry and fitness room. This hotel is also conveniently located near historic Old Town and area attractions like Exploration Place, Sedgwick County Zoo, the Kansas Coliseum, Old Cowtown Museum, Friends University, Newman University and Wichita State University. Additional nearby points of interest include Century II Performing Arts & Convention Center, Lawrence- Dumont Stadium, Botanica, The Wichita Gardens, Towne West Square and Wichita Greyhound Park. The hotel is also 15 miles the world famous Willowbend Golf Club and the Wichita Country Club, Koch Industries, and several casinos.
Please contact Peter Holmes for all tours. Please do not visit the hotel without signing a CA & making an appointment with the listing broker.

Property Facts

Price $1,990,000
Price Per Room $25,190
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.64 AC
Building Size 35,723 SF
No. Rooms 79
No. Stories 2
Year Built/Renovated 1985/2006
Tenancy Single
Parking Ratio 1.16/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 3 $71.00 -
Guest Room 76 $59.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
215-21-0-12-02-002.00A
Land Assessment
$53,625
Improvements Assessment
$169,850
Total Assessment
$223,475

zoning

Zoning Code LI (Hotel)
LI (Hotel)
  • Listing ID: 26509842

  • Date on Market: 8/29/2022

  • Last Updated:

  • Address: 4849 S Laura St, Wichita, KS 67216

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