Flag Hotel with
1420 North Lorraine Street Hutchinson, KS 67501
For Sale
Contact for pricing
Three-story 67-room Days Inn & Suites by Wyndham property includes an outdoor pool and was renovated in 2009.
Property Size28,461 SF
Lot Size1.78 Acres
Price / SF$91.35
Days on Market65
Property Features for 1420 North Lorraine Street
General Information
- Standard status
- Active
- Size
- 28,461 SF
- Lot size
- 1.78 Acres
- Property subtype
- Hospitality
Building Details
- Year Built
- 1999
Listing Agency:
Century 21 Allstars
Listed By:
Silvestre Madrigal Jr. · License #01363650
Source:
Crexi
Added: May 20
Changed: Jul 23
Last Checked: Jul 23 at 11:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allstars
Investment Insights
Based on property information with market context.
Days Inn & Suites by Wyndham Hutchinson is a three-story, flagged hotel offering 67 guest rooms. The property is approximately 28,461 square feet and sits on 1.78 acres. Originally built in 1999 and renovated in 2009, the hotel features updated guest rooms and includes an outdoor pool.
The asset is located at 1420 N Lorraine St in Hutchinson, Kansas, and is described as positioned within a commercial corridor. The property is under C4 zoning, which is noted as providing flexibility for uses within that zoning classification.
The offering is presented as a hospitality investment opportunity with an existing brand identity and immediate operational presence.
The asset is located at 1420 N Lorraine St in Hutchinson, Kansas, and is described as positioned within a commercial corridor. The property is under C4 zoning, which is noted as providing flexibility for uses within that zoning classification.
The offering is presented as a hospitality investment opportunity with an existing brand identity and immediate operational presence.
Key Highlights
- 67‑room Days Inn & Suites by Wyndham hotel on a 1.78‑acre site
- Three‑story property with approximately 28,461 SF built in 1999
- Renovated in 2009 with updated guest rooms and an outdoor pool
Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $426.9k | $15.00 |
| − Vacancy | −$93.9k | −$3.30 |
| EGI | $333.0k | $11.70 |
| − OpEx | −$174.8k | −$6.14 |
| NOI | $158.2k | $5.56 |
28,461 SF · lease $15.00/SF/yr · vacancy 22.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$2.26M
$1.98M – $2.64M
NOI $158,172 @ 7.0% cap · market cap 6.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.76M
$5.04M – $6.72M
NOI $403,281 @ 7.0% cap · market cap 15.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Days Inn & Suites ...
Hotel & Motel
Greyhound: Bus Stop
Logistics Company
FAQs
What type of property is this?
Hotel - Three-story 67-room Days Inn & Suites by Wyndham property includes an outdoor pool and was renovated in 2009.
Where is this hotel located?
The property is located at 1420 North Lorraine Street Hutchinson, KS.
What is the asking price?
The asking price for this property is $2,599,999.
What are key features of this property?
This property features: 67‑room Days Inn & Suites by Wyndham hotel on a 1.78‑acre site; Three‑story property with approximately 28,461 SF built in 1999; Renovated in 2009 with updated guest rooms and an outdoor pool
