5736 Kellogg Dr, Wichita, KS 67209-2342
- Motels
- 36,908 SF
- 3.01 lot acres
Current Use by Public Records
- Studio 6 Wichita KS - Airport / Hotel & Motel / Vacation Rental
- Studio 6 wichita west / Hotel & Motel
- Motel 6 Wichita, KS / Hotel & Motel
Property Details for 5736 Kellogg Dr
- Year built
- 1978
- Construction
- FRAME
- Lot size
- 3.01 lot acres
- Property type
- Motels
- APN
- 087-138-27-0-14-04-003.00
- APU
- 87138270140400300
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 15, 2025 | — | Quickstay LLC | Shree Jalaram LLC | Deed | $2.9M · Open Bank |
| Jun 3, 2019 | — | Ajr Investments LLC | Hemangkumar R Patel | Warranty Deed | $1.5M · Community National Bank & Trust |
Description
This exceptional investment opportunity presents a 102-key dual-brand hotel (Motel 6 & Studio 6) in Wichita, Kansas. Boasting 36,908 square feet on a 3-acre lot, the property underwent renovations in 2021. The two-story building features 62 Motel 6 rooms (24 doubles, 38 kings) and 40 Studio 6 rooms (all double queens). With a strong net operating income (NOI) of $429,181 and an attractive 10.10% capitalization rate, this property offers significant return potential. Strategically located off Highways 54/400 and I-235, it enjoys convenient access to Wichita Dwight D. Eisenhower National Airport (a 4-minute drive), Towne West Square (8 minutes), and the Century II Convention Center (8 minutes). The hotel's proximity to downtown Wichita, Old Town, the Ball Park Baseball Stadium, and the Sedgwick County Zoo (all within 2 minutes) further enhances its appeal to a wide range of travelers. Additional nearby attractions include the INTRUST Bank Arena (8 minutes), Old Cowtown Museum (10 minutes), and Sedgwick County Zoo (12 minutes). The hotel's location near McConnell Air Force Base and Wichita State University also provides a consistent stream of guests. Built in 1978, this well-maintained property represents a compelling investment in a thriving Kansas city. The asking price is $3,900,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $1,120,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,590,000
- 6.5%
- $1,470,000
- 7%
- $1,365,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $937,000
Market price range: $741k - $1.69M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $1,155,000 Current use
- WAREHOUSE, STORAGE
- $1,890,000 Change: +63% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,730,000 Change: +49% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.4093
- Latitude
- 37.6739
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA
