60-Room Interstate
For Sale
Contact for pricing
Pending
5968 SW 10th Ave, Topeka, KS 66604
Fee-simple hospitality property with Super 8 branding, interstate access, and parking capacity for oversized vehicles.
Property SizeContact for details
Lot Size1.40 Acres
Days on Market143
Property Features for 5968 SW 10th Ave
General Information
Standard status
Pending
Lot size
1.40 Acres
Property subtype
Hospitality
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Listing Agency:
Paramount Lodging Advisors
Listed By:
Lora Simpson · License #IA S67179000
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 7:12PM
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 Paramount Lodging Advisors
Investment Insights
Based on property information with market context.
The fee-simple interest in a 60-room Super 8 motel includes the opportunity to continue operating under the Super 8 flag through a long-term relicense agreement with Wyndham. The property is offered without debt or management encumbrances and includes ample area for tractor-trailer, RV, and bus parking on 1.4+ acres.
Access is provided from I-70 and SW Wanamaker Rd, with the motel adjacent to the I-470 interchange. The location is near West Ridge Mall, the Kansas State Capitol Building, Stormont-Vail Hospital, Washburn University, and the Wheatfield Village mixed-use development. Approximately 70,000 vehicles pass the location daily. Historic operating performance included a 36%+ NOI margin for YE 2021, while the comp set’s YE 2021 RevPAR exceeded 2019 levels by nearly 20%.
Access is provided from I-70 and SW Wanamaker Rd, with the motel adjacent to the I-470 interchange. The location is near West Ridge Mall, the Kansas State Capitol Building, Stormont-Vail Hospital, Washburn University, and the Wheatfield Village mixed-use development. Approximately 70,000 vehicles pass the location daily. Historic operating performance included a 36%+ NOI margin for YE 2021, while the comp set’s YE 2021 RevPAR exceeded 2019 levels by nearly 20%.
Key Highlights
- 60‑room Super 8 motel with potential for a long‑term Wyndham relicense agreement
- Fee‑simple interest offered unencumbered of debt and management
- Situated on 1.4+ acres with tractor‑trailer, RV, and bus parking capacity
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
425
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 66604, KS
22,933
Population
10,820
Households
2.1
Avg Household Size
38
Median Age
35%
College-Educated
93%
High-School Grad
6.8 sq mi
ZIP Area
3,373
Density / Sq Mi
$59,690
Median Household Income
$39,270
Median Earnings
$1,032
Median Rent
$126,600
Median Home Value
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Similar Off Market Nearby
- Hilton Garden Inn Topeka — 1351 SW Arvonia Pl, Topeka, KS 66615
- Baymont by Wyndham Topeka — 1401 SW Ashworth Pl, Topeka, KS 66604
- Quality Inn I-70 At Wanamaker — 1240 SW Wanamaker Rd, Topeka, KS 66604
- Quality Inn — 1240 sw wanamaker rd, topeka, ks 66604
- Comfort Suites Topeka Northwest — 6213 SW 10th St, Topeka, KS 66604
Frequently Asked Questions
What type of property is this?
Motel - Fee-simple hospitality property with Super 8 branding, interstate access, and parking capacity for oversized vehicles.
Where is this motel located?
The property is located at 5968 SW 10th Ave Topeka, KS.
What are key features of this property?
This property features: 60‑room Super 8 motel with potential for a long‑term Wyndham relicense agreement; Fee‑simple interest offered unencumbered of debt and management; Situated on 1.4+ acres with tractor‑trailer, RV, and bus parking capacity
