For Sale
$2,100,000

6815 Kellogg Dr Wichita, KS 67209

130-key hotel, prime Wichita location. High upside potential.

Leaflet | © OpenStreetMap contributors

Overview

Added:
Dec 11, 2024
Days on market:
133

Highlights

  • 130-key Red Roof Inn & Conference Center, Wichita, KS, offering a compelling investment opportunity.
  • Located at 6815 W Kellogg Dr, Wichita, KS 67209, this two-story, 88,634 sq ft hotel sits on a five-acre lot with 300 parking spaces.
  • Recently renovated (2023), featuring amenities including free Wi-Fi, free coffee, and updated guest rooms with microwaves and refrigerators; also includes a restaurant, bar, and three meeting/banquet rooms.
  • Two miles from Dwight D. Eisenhower Airport, near Towne West Square, Air Capital Memorial Park, and Newman University.
  • Ground lease with 37 years remaining; asking price: $2,100,000 ($23.69/sq ft), offering significant upside potential through rebranding or conversion to alternative uses (e.g., affordable housing or senior living).
  • Priced under $25,000 per unit, presenting substantial growth potential due to current underperformance.

Property Details for 6815 Kellogg Dr

Property type
Hospitality properties, Hotels
Square Feet
88,634 SF
Year Built/Renovated
1996/2023
Stories
2
Lot Size (sq. ft)
217,800 SF

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.671291
Longitude
-97.4227616

FAQs

What type of property is this?
Hospitality property - 130-key hotel, prime Wichita location. High upside potential.
Where is the hospitality property located?
The property is located at 6815 Kellogg Dr Wichita, KS.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 130-key Red Roof Inn & Conference Center, Wichita, KS, offering a compelling investment opportunity.; Located at 6815 W Kellogg Dr, Wichita, KS 67209, this two-story, 88,634 sq ft hotel sits on a five-acre lot with 300 parking spaces.; Recently renovated (2023), featuring amenities including free Wi-Fi, free coffee, and updated guest rooms with microwaves and refrigerators; also includes a restaurant, bar, and three meeting/banquet rooms.
How can I contact the broker?
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6815 Kellogg Dr
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