6815 Kellogg DrWichita, KS 67209
130-key hotel, prime Wichita location. High upside potential.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 92
Highlights
- 130-key Red Roof Inn & Conference Center, Wichita, KS, offering a compelling investment opportunity.
- Located at 6815 W Kellogg Dr, Wichita, KS 67209, this two-story, 88,634 sq ft hotel sits on a five-acre lot with 300 parking spaces.
- Recently renovated (2023), featuring amenities including free Wi-Fi, free coffee, and updated guest rooms with microwaves and refrigerators; also includes a restaurant, bar, and three meeting/banquet rooms.
- Two miles from Dwight D. Eisenhower Airport, near Towne West Square, Air Capital Memorial Park, and Newman University.
- Ground lease with 37 years remaining; asking price: $2,100,000 ($23.69/sq ft), offering significant upside potential through rebranding or conversion to alternative uses (e.g., affordable housing or senior living).
- Priced under $25,000 per unit, presenting substantial growth potential due to current underperformance.
Property Details for 6815 Kellogg Dr
- Property type
- Other hospitality properties, Hotels
- Square Feet
- 88,634 SF
- Year Built/Renovated
- 1996/2023
- Stories
- 2
- Lot Size (sq. ft)
- 217,800 SF
Location Insight
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Latitude
- 37.671291
- Longitude
- -97.4227616
Nearby Similar for Sale
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