3200 El Dorado Ave El Dorado, KS 67042
- Hotels
- 24,590 SF
- 2.00 lot acres
Current Use by Public Records
- Days Inn & Suites by Wyndham El Dorado / Hotel / Inn
Property Details for 3200 El Dorado Ave
- Year built
- 2015
- Lot size
- 2.00 lot acres
- Property size
- 24,590 SF
- Property type
- Hotels
- APN
- 008-213-05-0-00-00-040.00-0
- APU
- 82130500000040000
Description
This 42-room Days Inn & Suites in El Dorado, Kansas, presents a compelling investment opportunity. Built in 2015, this two-story, 24,396 square foot hotel boasts an impressive 13.30% cap rate and a Net Operating Income (NOI) of $458,909. All 42 rooms feature full kitchens, a significant amenity for guests. The property also includes a substantial six-bedroom, three-bathroom manager's living quarter. Situated on a 1.97-acre lot zoned C1, this hotel benefits from its convenient location at 3200 El Dorado Ave, El Dorado, KS 67042. The Days Inn & Suites has consistently exceeded its competitive set year over year and is priced below replacement cost at $3,450,000. The property's accolades include the Wyndham President's Award (2016-2023), Wyndham Green Core certification, and TripAdvisor's Travelers' Choice Award (2022), demonstrating its strong operational performance and guest satisfaction. This well-maintained, interior corridor hotel with an elevator offers a turnkey opportunity for a savvy investor seeking a high-performing hospitality asset.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- El Dorado
- County
- Butler
- State
- Kansas
- Longitude
- -96.9008
- Latitude
- 37.8159
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA