Contacts
Avison Young - US - GA - Atlanta
Avison Young
Avison Young
Avison Young - US - GA - Atlanta
Property Details
- Property Type Other
- Units 140
- Additional Rent Contact for pricing
- Date Updated Dec 17, 2024
Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Economy Hotel Portfolio - Wichita totaling 140 rooms. The Properties are being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire a regionally concentrated Property with existing in-place cash flow. The Property is located in the Wichita, Kansas Market.
The properties in the portfolio are currently providing strong existing cash flow with ample room to grow at all properties. A new owner will have the opportunity to further drive revenue through a variety of strategies.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Two properties totaling 140 guestrooms
- Independently branded economy hotels
- Sold unencumbered of debt & management
- Discount to replacement cost
- In-place cash flow
Location
- City Wichita, KS
- Zip Code 67209
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.