McCurdy Auction - Wednesday February 13th at 12:00 PM

Hospitality for Sale
Catylist Listing ID: 30363729
Property Subtypes: Hotel
Number of Units: 188 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 7.72 Acres
Sale Price: See Agent
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Auction Type: Undisclosed Reserve
Cap Rate: Undisclosed
Last Updated: 3/9/2019

Overview / Comments

LIVE AUCTION WITH ONLINE BIDDING! This property is being offered in a multi-property auction conducted off-site at the REALTORS® of South Central Kansas Board Office (170 W. Dewey St., Wichita, KS) on Wednesday February 13th at 12:00 PM. Registration opens at 11:00 PM or skip the lines and pre-register online. This property is selling with clear title at closing and no back taxes. Property previews available.

Presenting a 188 unit, turn-key, hotel on over 7 acres in west Wichita! Located along the south side of Highway US-54 near the I-235 interchange, this property averages a daily traffic count of over 84,000 vehicles. The spacious parking lot can accommodate busses, trucks and RVs.

Formerly one of the largest hotels in Wichita, it features 188 fully furnished rooms that consist of 7 different variations. The types of rooms vary from a single bed to a two level suite or a suite with a Jacuzzi. Most of the rooms are furnished with a flat screen television, a mini refrigerator, a microwave, a desk and a lounge chair. Laundry is available with the industrial sized washers and dryers. The hotel also features a fitness room, fully equipped restaurant and bar, nearly 10,000 square feet of event space and a courtyard pool.

Less than two miles from Kansas’ largest airport, this highly sought after west side location, with restaurants and shopping, could also make a great redevelopment opportunity.

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087138270410100300E
Zoning: GC - GENERAL COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention, Other
Traffic/Vehicle Count: 84,000
Highway Access: The hotel is located along the south side of Highway US-54 near the I-235 interchange, this property averages a daily traffic count of over 84,000 vehicles.
Airports: Less than two miles from Kansas’ largest airport.
Site Description: Formerly one of the largest hotels in Wichita, it features 188 fully furnished rooms that consist of 7 different variations. The types of rooms vary from a single bed to a two level suite or a suite with a Jacuzzi. Most of the rooms are furnished with a flat screen television, a mini refrigerator, a microwave, a desk and a lounge chair. Laundry is available with the industrial sized washers and dryers. The hotel also features a fitness room, fully equipped restaurant and bar, nearly 10,000 square feet of event space and a courtyard pool.
Area Description: Less than two miles from Kansas’ largest airport, this highly sought after west side location, with restaurants and shopping, could also make a great redevelopment opportunity.
Nearby Attractions: Restaurants and shopping nearby.
Number of Stories: 2
Year Built: 1965
Roof Type: Flat
Construction/Siding: Brick
Water Recreation: Outdoor Pool
Exterior Description: The exterior of the building is constructed of brick and stucco.
Parking Type: Surface
Parking Description: The spacious parking lot can accommodate buses, trucks and RVs.
Laundry: Shared
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Window Unit, Other
Interior Description: It features 188 fully furnished rooms that consist of 7 different variations. The types of rooms vary from a single bed to a two level suite or a suite with a Jacuzzi. Most of the rooms are furnished with a flat screen television, a mini refrigerator, a microwave, a desk and a lounge chair. Laundry is available with the industrial sized washers and dryers.
Zoning Description: GC - General Commercial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PART LOT 2 BEG NE COR TH S 490.03 FT TO SE COR SWLY 63.63 FT NLY 195.52 FT W 12.7 FT N 300 FT TO N LI E 80 FT TO BEG CUMLEY'S 2ND ADD.; LOT 1 CUMLEY'S 2ND ADD.; LOTS 5-6 EXC E 49 FT LOT 5 BLOCK 3 WESTERN ADD.; E 49 FT OF LOT 5 BLOCK 3 WESTERN ADD; LOT 4 BLOCK 3 WESTERN ADD.; & LOT 3 EXC E 96.8 FT BLOCK 3 WESTERN ADD.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,275 77,954 196,450
Median Age: 35.98 36.31 35.59
Households: 3,151 33,105 77,985

Contact

Photograph of Listing Agent

Braden R. McCurdy

McCurdy Auction KSCRE Member
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