Senior Living or Apartment Redevelopment Opportunity

Hospitality for Sale
Sale Pending
Catylist Listing ID: 30515938
Property Subtypes: Hotel
Status: Pending
Number of Units: 108 Units
Building Size (RSF): 43,000 SF
Gross Building Area: See Agent
Gross Land Area: 3.16 SF
Sale Price: $675,000
Unit Price: $6,250 Per Unit
Property Use Type: Vacant/Owner-User
Building Name: Former Ramada Hotel
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/28/2020

Overview / Comments

- Approx. 150 parking stalls

- 108 units and pool

- Excellent access to Kellogg/US-54 and I-235

- Service road access from Kellogg/US-54

- Neighboring Retail: Texas Roadhouse, Boot Barn, Eisenhower Airport, Spring Hill Suites, Fed-Ex Ship Center, Walmart, Sam’s Club, Furniture Row and many more!

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087138270410100300D
Property Visibility: Excellent
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1965

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,900 78,655 197,694
Median Age: 33.3 36.27 35.55
Households: 2,621 33,376 78,402


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