Investment Property
For Sale
  • Hotel

    • Wyndham Garden - Wichita Downtown

    221 East Kellogg Street, Kansas, KS 67202 United States
    Investment Property
    For Sale
  • Hotel

    • Wyndham Garden - Wichita Downtown

    221 East Kellogg Street, Kansas, KS 67202 United States
    Building Size
    93,156 SF
    Lot Size
    2.36 Acres
    Built
    1973
    Building Size
    93,156 SF
    Lot Size
    2.36 Acres
    Built
    1973

    OVERVIEW

    Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 150-room Wyndham Garden Wichita Downtown, located in Wichita, Kansas. The property is a 2023-renovated, seven-story, full-service hotel that is conveniently located directly off of East Kellogg Avenue and within close proximity to Interstate-135 - two major thoroughfares/expressways that provide ease of access to commuters and display excellent visibility. The property presents the opportunity to operate the hotel and increase operations to competitive set standards through focused, hands on management and marketing. The Wyndham Garden Wichita Downtown offers investors the opportunity to acquire an up-to-date property in a desirable market with value-add potential.

    CONTACT

    Key Features
    • Property Was Recently Renovated In Compliance With Wyndham’s Current Requirements, Leaving Minimal Property Improvement Plan (PIP) Costs Expected For A Buyer
    • Property Receives Additional Revenue Through Leasing The On-Site Restaurant
    • Wyndham Garden Is A Highly Desirable Flag By Both Investors And Consumers Alike
    • Opportunity To Increase RevPAR To Competitive Set Standards And Exceed Performance Of Competition Through Strong Hands-On Management And Increased Marketing
    • Located Directly Off Of South Broadway Avenue & East Kellog Street, Providing Ease Of Access And Displaying Excellent Signage To Commuters
    • The Section Of South Broadway Avenue & East Kellog Street Closest To The Property Has An Average Annual Daily Traffic (AADT) Count Of Approximately 108,000 Vehicles Per Day
    • The Property Is Also Located Within Close Proximity To A Variety Of Demand Generators.

    Details

    Building Size:
    93,156 SF
    Sale Price:
    $6,900,000 USD
    Lot Size:
    2.36 Acres
    Year Built:
    1973

    CONTACT

    Wyndham Garden - Wichita Downtown

    AVAILABILITIES

    SORT: AVAILABLE SPACE

    LOCATION

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