9027 Kellogg DrWichita, KS 67209

For Sale
$865,000

36-key hotel, prime location, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 36-key hotel located at 9027 W Kellogg Dr, Wichita, KS 67209. The single-story, 20,287 square foot property sits on a 1.06-acre lot and was built in 1996. Currently operating as a hotel/motel, the property offers significant potential for conversion to other uses, given its zoning (GC). The asking price is $865,000, translating to $42.64 per square foot and approximately $24,028 per key. Its strategic location less than two miles from Wichita Dwight D. Eisenhower National Airport and near Highway 400 ensures high occupancy rates, driven by the city's thriving economy in aviation, healthcare, and manufacturing. Wichita's status as a key transportation hub and its relatively low cost of living further enhance the property's appeal. The property features exterior corridors and presents a compelling opportunity for an owner-operator seeking a strong return on investment. Financing options may be available for qualified buyers. This is a rare chance to acquire a well-positioned hospitality asset in a dynamic market. The property offers 36 keys and presents a unique opportunity for conversion to other uses.

Highlights

  • 36-unit hotel with exterior corridors.
  • $24,028 per key; asking price $865,000.
  • Zoned GC, allowing for conversion opportunities.
  • Ideal for owner-operator; strong ROI potential.
  • Less than 2 miles from Wichita Dwight D. Eisenhower National Airport; financing available to qualified buyers.

Property Details for 9027 Kellogg Dr

Property type
Other hospitality properties, Motels
Square Feet
20,287 SF
Year Built
1996
Buildings
1
Stories
1
Lot Size (sq. ft)
46,174 SF

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.668785614745
Longitude
-97.448146518727
9027 Kellogg Dr, Wichita, Kansas

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9027 Kellogg Dr
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