6815 Kellogg DrWichita, KS 67209

For Sale
$2,100,000

130-key hotel, prime Wichita location. High upside potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents the chance to acquire the 130-key Red Roof Inn & Conference Center at the Airport in Wichita, Kansas. Located at 6815 W Kellogg Dr, Wichita, KS 67209, this two-story, 88,634 square foot hotel sits on a five-acre lot with 300 parking spaces. Built in 1996 and renovated in 2023, the property boasts an interior corridor design and offers a range of amenities including free Wi-Fi, free coffee, and newly renovated guest rooms equipped with microwaves and refrigerators. On-site amenities also include a restaurant and bar, and three meeting/banquet rooms. A complimentary airport shuttle service adds further convenience. The hotel benefits from a highly desirable location, just two miles from Dwight D. Eisenhower Airport and near several key attractions including Towne West Square, Air Capital Memorial Park, and Newman University. The property is zoned GC and operates under a ground lease with 37 years remaining. The asking price is $2,100,000 ($23.69/sq ft), presenting a compelling opportunity for significant return on investment. The current operational underperformance offers substantial potential for future growth through rebranding or conversion to alternative uses such as affordable housing or senior living. This property offers a unique blend of established infrastructure and significant upside potential.

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
6815 Kellogg Dr, Wichita, Kansas

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6815 Kellogg Dr
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