5736 Kellogg DrWichita, KS 67209

For Sale
$3,900,000

102-Key Dual-Brand Hotel, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 102-key dual-brand hotel (Motel 6 & Studio 6) in Wichita, Kansas. Boasting 36,908 square feet on a 3-acre lot, the property underwent renovations in 2021. The two-story building features 62 Motel 6 rooms (24 doubles, 38 kings) and 40 Studio 6 rooms (all double queens). With a strong net operating income (NOI) of $429,181 and an attractive 10.10% capitalization rate, this property offers significant return potential. Strategically located off Highways 54/400 and I-235, it enjoys convenient access to Wichita Dwight D. Eisenhower National Airport (a 4-minute drive), Towne West Square (8 minutes), and the Century II Convention Center (8 minutes). The hotel's proximity to downtown Wichita, Old Town, the Ball Park Baseball Stadium, and the Sedgwick County Zoo (all within 2 minutes) further enhances its appeal to a wide range of travelers. Additional nearby attractions include the INTRUST Bank Arena (8 minutes), Old Cowtown Museum (10 minutes), and Sedgwick County Zoo (12 minutes). The hotel's location near McConnell Air Force Base and Wichita State University also provides a consistent stream of guests. Built in 1978, this well-maintained property represents a compelling investment in a thriving Kansas city. The asking price is $3,900,000.

Highlights

  • Dual-branded Motel 6 and Studio 6 hotel.
  • Motel 6 features 62 rooms with 24 double full beds and 38 king beds.
  • Studio 6 offers 40 rooms, all with double queen beds.
  • Two-story building.
  • Recently renovated (2020-2021).
  • Excellent highway access via Hwy. 54/400 and I-235 in Wichita.

Property Details for 5736 Kellogg Dr

Property type
Other hospitality properties, Motels
Square Feet
36,908 SF
Year Built/Renovated
1978/2021
Stories
2
Lot Size (sq. ft)
130,680 SF

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.6738255
Longitude
-97.4094767
5736 Kellogg Dr, Wichita, Kansas

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5736 Kellogg Dr
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