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    3232 N Summit St Arkansas City, KS 67005

    For Sale
    $2,050,000

    Hotel/Motel - Arkansas City, KS

    Property size:
    61,875 SF
    Lot size:
    6.30 Acres
    Days on Market:
    200
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 3232 N Summit St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    General Comm
    APN
    2941802001002000
    Size
    61,875 SF
    Lot size
    6.30 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric, Gas (Cooling), Multi Units, Window Unit(s)

    Building Details

    Year built
    1981
    Flooring type
    Carpet, Concrete
    Roof type
    Asphalt
    Architectural style
    Other

    Heritage 1st Realty (316) 512-1300 [email protected]

    Listing agent Asa Pechin (316) 512-1300 License #00243829

    Listing date May 20, 2025

    MLS# 655585 Listing URL

    Copyright © 2025 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Quality Inn Investment Opportunity

    The Quality Inn Ark City, located at 3232 N Summit, Arkansas City, KS 67005, offers a substantial investment opportunity. The property encompasses over 6 acres of land and features a building of just over 61,000 square feet. The hotel includes 88 rooms and has undergone recent renovations exceeding $739,000. Amenities include complimentary breakfast, an indoor pool, a fitness center, a business center, and conference space. Potential exists to increase revenue through strategies such as securing local employer contracts, developing a bar or restaurant, renting out outdoor storage units, and utilizing the banquet hall. The property is located in Arkansas City, Kansas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Gym & Fitness Hotel & Motel Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arkansas City
    County
    Cowley
    State
    Kansas
    Longitude
    -97.039324
    Latitude
    37.099209

    Nearby Similar for Sale

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      New Gas Station Ground Lease

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      Arkansas City Medical Office Building

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    FAQs

    What type of property is this?
    Hotel - 88-room hotel in Arkansas City, KS, recently renovated.
    Where is this hotel located?
    The property is located at 3232 N Summit St Arkansas City, KS.
    What is the asking price?
    The asking price for this property is $2,050,000.
    What are key features of this property?
    This property features: - Recent renovation investment exceeding $739,000.; - Low price per key of $23,295.; - Price per square foot of $33.13.
    (316) 512-1300
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    3232 N Summit St Arkansas City, KS 67005
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    Arkansas City, KS 67005
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3232 N Summit St Arkansas City, KS 67005
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