Business Opportunity

Hospitality for Sale
Catylist Listing ID: 30359736
Property Subtypes: Motel
Number of Units: 38 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Sale Price: $110,000
Unit Price: $2,894.74 Per Unit
Property Use Type: Business
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 1/21/2019

Overview / Comments

Great historical/investment property potential! This motel needs some TLC but has 38 rooms, covered parking and laundry facilities on site. There is
ample room for a restaurant and even potential living quarters in the basement for management/owner. The parking lot East of the Building is also
included in the purchase price. The income potential for this property could be substantial especially with Cowley Community College building a campus
in Wellington. Call today for a showing!

Additional Details

Nearest MSA: Wichita
County: Sumner
Tax ID/APN: 0961561402044003000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,477 8,676 8,676
Median Age: 37.86 38.13 38.13
Households: 2,613 3,422 3,422

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