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709 S 13th St Wakeeney, KS 67672

Sponsored
For Sale
$2,000,000

43-unit hotel, prime I-70 location

Property size:
25,000 SF

Description

Added:
Jan 28, 2025
Days on Market:
344
This offering presents a fee simple interest in the Super 8 by Wyndham hotel located in Wakeeney, Kansas. This 43-unit, interior corridor property enjoys excellent interstate visibility from I-70, making it highly accessible to travelers. The hotel's location in Wakeeney, often called the "Christmas City of the High Plains," benefits from the town's Midwestern charm and hospitality, as well as the economic activity generated by nearby wind energy projects and a thriving agricultural community focused on corn, wheat, livestock, and cattle ranching. Recreational opportunities abound with Cedar Bluff State Park nearby, offering hiking, fishing, hunting, boating, and camping. The property boasts a trailing twelve-month (July 2024) revenue of $604,812, representing an attractive price point at under a 3.3x multiplier of this revenue. The hotel's 25,000 square foot building provides ample space for its 43 units. Its convenient location is approximately four hours from Kansas City, MO, and four and a half hours from Denver, CO, making it strategically positioned for attracting a broad range of guests. This presents a compelling investment opportunity for an owner-operator seeking a well-performing asset in a desirable location. The property is easily accessible and offers great visibility from I-70. This represents a strong investment opportunity in a well-performing asset.

Property Features for 709 S 13th St

General Information

Property type
Hotels
Square Feet
25,000 SF
Price / Square Foot
$80
Elevators
N/A

Building Details

Year Built
1999
Buildings
1
Stories
2
Units
43

HighLights

  • Prime I‑70 location in Wakeeney, KS, offering excellent interstate visibility for travelers.
  • 43‑unit Super 8 by Wyndham hotel with interior corridor design.
  • Attractive price, under 3.3x trailing twelve‑month revenue.
Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Wakeeney
State
Kansas
Longitude
-99.872387
Latitude
39.012229

FAQs

What type of property is this?
Hotel - 43-unit hotel, prime I-70 location
Where is this hotel located?
The property is located at 709 S 13th St Wakeeney, KS.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Prime I-70 location in Wakeeney, KS, offering excellent interstate visibility for travelers.; 43-unit Super 8 by Wyndham hotel with interior corridor design.; Attractive price, under 3.3x trailing twelve-month revenue.
More about this property
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