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

View FullscreenMap

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


© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kansas Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.