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Economy Hotel Portfolio - Wichita 2 Hospitality Properties Offered at $5,862,864 CAD in Wichita, KS
INVESTMENT HIGHLIGHTS
- The Portfolio comprises two independently branded economy hotels in Wichita, Kansas
- 140 Total Guestrooms
- In Place Cash Flow
EXECUTIVE SUMMARY
Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Economy Hotel Wichita Portfolio with 140 rooms. The Portfolio is being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire a regionally concentrated Portfolio with existing in-place cash flow. The Portfolio contains two hotels within the Wichita, Kansas Market. The Portfolio can be purchased as a portfolio or properties can be purchased individually.
The Portfolio comprises two independently branded economy hotels in Wichita, Kansas. The Portfolio is being offered fully unencumbered of existing management or debt, allowing for a new owner to come in with fresh capital and an opportunity to retool the property-level operations
The Portfolio comprises two independently branded economy hotels in Wichita, Kansas. The Portfolio is being offered fully unencumbered of existing management or debt, allowing for a new owner to come in with fresh capital and an opportunity to retool the property-level operations
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $5,862,864 CAD | Number of Properties | 2 |
| Price / SF | $80.70 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 72,647 SF |
| Status | Active | Total Land Area | 4.30 AC |
| Price | $5,862,864 CAD |
| Price / SF | $80.70 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 72,647 SF |
| Total Land Area | 4.30 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Economy Hotel Plus+ Wichita
5805 W Kellogg Dr, Wichita, KS 67209 |
Hospitality | 55,357 SF | 1972 | - |
|
Economy Hotel Wichita- Florence St.
550 S Florence St, Wichita, KS 67209 |
Hospitality | 17,290 SF | 1983 | - |
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CONTACTS
-
Mihir Chokshi -
Keith Thompson -
Jeremy Cabe -
Matt Wilkins -
Avison Young Hotel Group
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Economy Hotel Portfolio - Wichita
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