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Super 8 Wakeeney 709 S 13th St

43 Room Hotel Wakeeney, KS 67672 $2,000,000 ($46,512/Room)

Investment Highlights

  • 43 units, Interior Corridors on a large 3.44 Acre lot
  • Trailing Twelve Month Revenue July 2024 - $604,812
  • Located 4 hours from Kansas City, MO and 4.5 Hours from Denver, CO
  • Located conveniently off I-70
  • Well priced at 3.3x multiplier of the TTM Revenue

Executive Summary

The Bowman Post Group of NewGen Advisory is pleased to present for sale the fee simple interest in the Super 8 by Wyndham in Wakeeney, Kansas. This 43 unit, interior corridor property is easily accessible with great interstate visibility from I-70, providing a prime location for travelers. The Super 8 is well priced at under 3.3x multiplier of the trailing twelve month revenue. This is a tremendous opportunity for an owner-operator to invest in a well performing asset.
Wakeeney, Kansas stands as a beacon of Midwestern charm and hospitality. This quaint town, often referred to as the "Christmas City of the High Plains," warmly welcomes visitors with its blend of small-town allure and historical significance. Wind energy projects bring significant economic benefits to the region. They create jobs during construction, operation, and maintenance phases, providing employment opportunities for local residents.
The surrounding fertile plains support a robust farming community such as corn and wheat harvesting as well as livestock and cattle ranching, Nearby Cedar Bluff State Park hosts hiking trails that lead to breathtaking overlooks of the Smoky Hill River Valley. Fishing, hunting, boating, and camping opportunities abound, Cedar Bluff offers a perfect retreat for nature enthusiasts and families alike. Wakeeney, Kansas, exemplifies the enduring spirit of rural America, where agriculture, small businesses, and community values converge to sustain a vibrant economy.
Broker of Record: Richard Queen | NewGen Advisory KS, LLC. | License No.: BR00232332

Property Facts

Price $2,000,000
Price Per Room $46,512
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.44 AC
Building Size 25,000 SF
No. Rooms 43
No. Stories 2
Year Built 1999
Corridor Interior

Amenities

  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $84.00 -
Guest Room 41 $64.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
085-16-0-00-00-006.00-0
Land Assessment
$10,750
Improvements Assessment
$224,343
Total Assessment
$235,093

zoning

Zoning Code C-2
C-2
  • Listing ID: 32201412

  • Date on Market: 6/20/2024

  • Last Updated:

  • Address: 709 S 13th St, Wakeeney, KS 67672

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