Hotels for Sale

Motel 6 Northwest Topeka, KS

Address:
Topeka, Kansas
Description:
  • Fee simple interest in the 96-room Motel 6 Northwest Topeka, KS priced at a substantial discount to replacement cost
  • Current ownership is operating only 61 rooms with the remaining 35 units offline, which can be renovated for a diversified product offering (i.e. potential suite-style units)
  • Subject Property represents the only Motel 6 product present in the Kansas state capital market
  • Offered unencumbered of management with an ability to retain the Motel 6 flag via a long-term franchise agreement
  • Absentee management affording strong operational upside for new owner/operator following minimal PIP renovation
  • Positioned proximate to I-70 at the SW Fairlawn Rd. exit 357A, a location passed by upwards of 69,100 vehicles daily
  • Ideally situated in the heart of Shawnee County and convenient to all regional demand including the Kansas State Capitol building, Stormont-Vail Hospital, Washburn University, Gage Park, and the new $100 million Wheatfield Village mixed-use project

Listing Agents

Adam Montufar
T: 515.446.4181
Email

Beau Mullenix
T: 314.568.7098
Email

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