Super 8 North

3741 N Rock Rd, Wichita, KS 67226

  • For Sale $3,900,000
  • Property Type Other
  • Property Size 46,022 SF
  • Units 97
  • Lot Size 1.76 Acre
  • Year Built 1998
  • Date Updated Apr 10, 2024
Wichita, Kansas, is strategically positioned as a key transportation hub in the heart of the United States. Its central location offers easy access to major highways, railways, and an international airport, facilitating seamless connectivity and efficient logistics for businesses. Additionally, Wichita boasts a diverse economy with a strong presence in industries like aerospace, manufacturing, healthcare, and agriculture, providing ample opportunities for employment and economic growth. The city's relatively low cost of living, coupled with affordable housing options, makes it an attractive destination for individuals and families seeking a high quality of life without sacrificing financial stability. Furthermore, Wichita offers a rich cultural scene, recreational amenities, and a close-knit community environment, fostering a sense of belonging and well-being among its residents. Overall, Wichita's advantageous location, economic vitality, and quality of life make it a desirable place to live, work, and thrive.The Bowman Post group of NewGen Advisory is pleased to present the 97-unit, interior corridor Super 8 in North Wichita, Kansas. The Super 8 is performing at an impressive increasing room revenue of $1,161,626 in 2022, and 1,226,134 in 2023. Conveniently located just 15 minutes from Downtown Wichita and 8 minutes from Wichita State University, the property enjoys strategic positioning. Investing in Wichita presents a wise decision, supported by its stable economy, affordable cost of living, strategic location, skilled workforce, and abundant prospects for expansion. Broker of Record: Richard Queen | NewGen Advisory KS, LLC. | License No.: BR00232332

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Highlights

  • 97 Units, Interior Corridor, 3 Stories
  • 13% Cap Rate Based on the Asking Price
  • Minimal Transfer PIP for New Owner
  • Priced to sell at $40,206 Per Key
  • Located 15 Minutes from downtown Wichita Kansas

Contacts

broker

Andrew Post

NewGen Advisory

(805) 557-8857

Location

Getting Around

  • Walk Score ®

    49/100 Car-Dependent
  • Transit Score ®

    19/100 Minimal Transit
  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Wichita, KS
  • Neighborhood Northeast K-96
  • Zip Code 67226
  • Market Wichita

Points of Interest

  • Dillons

    0.97 miles

  • Kwik Shop

    2.65 miles

  • QuikTrip

    3.71 miles

  • Quik Trip

    4.38 miles

  • Quicktrip

    4.50 miles

  • QuickTrip

    4.52 miles

  • Valero

    4.99 miles

  • Costco Gasoline

    5.01 miles

  • Kwik Shop

    5.34 miles

  • QuikTrip

    5.40 miles

  • Mid-Continent Instruments and Avionics Parking Lot

    0.92 miles

  • Mid-Continent Instruments and Avionics Parking Lot

    1.01 miles

  • Parking Garage

    3.57 miles

  • Wesley Medical Center Public Parking

    4.70 miles

  • Old Town Parking Garage

    6.21 miles

  • Century II Parking

    6.94 miles

  • area to ride bikes

    7.03 miles

  • Kansas Coliseum parking lot C

    7.05 miles

  • Kansas Coliseum Parking

    7.08 miles

  • Kansas Colesium parking lot E

    7.18 miles

  • Super 8 by Wyndham Wichita North

    0.01 miles

  • Wichita Inn North

    0.04 miles

  • Country Inn & Suites By Carlson, Wichita Northeast

    0.53 miles

  • Candlewood Suites - Wichita Northeast

    1.18 miles

  • TownePlace Suites Wichita East

    1.32 miles

  • Courtyard Wichita East

    1.40 miles

  • WoodSpring Suites Wichita North

    1.78 miles

  • Aloft

    1.79 miles

  • The Inn at Tallgrass

    1.82 miles

  • Hilton Garden Inn Wichita

    2.11 miles

  • Braum's Ice Cream & Dairy Store

    0.12 miles

  • Fazoli's

    0.20 miles

  • Planet Sub

    0.22 miles

  • McDonald's

    0.25 miles

  • IHOP

    0.29 miles

  • Spangles

    0.33 miles

  • Arby's

    0.37 miles

  • Mr. Goodcents

    0.39 miles

  • Ryan's

    0.52 miles

  • Northrock Dairy Queen

    0.65 miles

  • Gammon Elementary School

    0.92 miles

  • Central Christian Academy

    1.03 miles

  • Heartspring Special Needs School

    1.03 miles

  • Wichita State University Campus of Applied Sciences and Technology

    1.23 miles

  • Wichita State University Campus of Applied Sciences and Technology National Center for Aviation Training

    1.27 miles

  • Jackson Elementary School

    1.44 miles

  • Resurrection Catholic School

    1.73 miles

  • Greenwich Elementary School - Circle USD 375

    2.27 miles

  • Stucky Middle School

    2.43 miles

  • Brooks Magnet Middle School

    2.73 miles

  • Child Development Center

    8.42 miles

Frequently Asked Questions

What is the lease rate for Super 8 North?

Rental asking rate at Super 8 North is $1,950,000.00/YR.

What is the total square footage of Super 8 North?

Super 8 North totals 46,022 square feet.

When was this property built?

Super 8 North was built in 1998.

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Contact Listing Broker

broker

Andrew Post

NewGen Advisory

(805) 557-8857