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Property profile & analytics
OFF-MARKET
Motels

9027 Kellogg Dr Wichita, KS 67209-1862

6,684 SF 0.53 ac lot Built 1958
Entity Owned Free & Clear
Property ID
US33-0695726
Property summary
AI-generated overview

This exceptional investment opportunity presents a 36-key hotel located at 9027 W Kellogg Dr, Wichita, KS 67209. The single-story, 20,287 square foot property sits on a 1.06-acre lot and was built in 1996. Currently operating as a hotel/motel, the property offers significant potential for conversion to other uses, given its zoning (GC). The asking price is $865,000, translating to $42.64 per square foot and approximately $24,028 per key. Its strategic location less than two miles from Wichita Dwight D. Eisenhower National Airport and near Highway 400 ensures high occupancy rates, driven by the city's thriving economy in aviation, healthcare, and manufacturing. Wichita's status as a key transportation hub and its relatively low cost of living further enhance the property's appeal. The property features exterior corridors and presents a compelling opportunity for an owner-operator seeking a strong return on investment. Financing options may be available for qualified buyers. This is a rare chance to acquire a well-positioned hospitality asset in a dynamic market. The property offers 36 keys and presents a unique opportunity for conversion to other uses.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1958
Total area 6,684 SF
Lot 0.53 ac (23,087 SF)
APN 087-139-29-0-44-01-005.00-A
UPID US33-0695726
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Airport lodge Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
ROHNAM WICHITA LLC
ROHNAM WICHITA LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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