3741 N Rock Rd

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Address: 3741 N Rock Rd, Wichita, Kansas, US
Created date: February 27, 2024
Date last updated: May 22, 2024
  • 97 Units, Interior Corridor, 3 Stories
  • 13% Cap Rate Based on the Asking Price
  • Minimal Transfer PIP for New Owner
  • Priced to sell at $40,206 Per Key
  • Located 15 Minutes from downtown Wichita Kansas

Property Description

The Bowman Post group of NewGen Advisory is pleased to present the 97-unit, interior corridor Super 8 in North Wichita, Kansas. The Super 8 is performing at an impressive increasing room revenue of $1,161,626 in 2022, and 1,226,134 in 2023. Conveniently located just 15 minutes from Downtown Wichita and 8 minutes from Wichita State University, the property enjoys strategic positioning. Investing in Wichita presents a wise decision, supported by its stable economy, affordable cost of living, strategic location, skilled workforce, and abundant prospects for expansion. Broker of Record: Richard Queen | NewGen Advisory KS, LLC. | License No.: BR00232332

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Hospitality
Price: $3,900,000
No. of Units: 97
Year Built: 1998
Lot Size: 1.76 Sq ft
Opportunity Zone: No
Price per unit: $40,206
Property Website Click Here
Address: 3741 N Rock Rd, Wichita, KS 67226, USA
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