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Super 8 by Wyndham Abilene 2207 N Buckeye Ave

58 Room Hotel Abilene, KS 67410 $2,662,394 CAD ($45,903 CAD/Room) 6.95% Cap Rate

Investment Highlights

  • Located on on ramp of I-70, great visibility and access

Executive Summary

Prime commercial/motel property located on exit of Abilene, KS. Looking for a property with great access and exposure to I~70! This property has it all. The Super 8 is located on the SE corner of the exit for Abilene, KS. This 58 room property has been recently updated with carpet, paint and facilities. It offers 55 parking spots with 7 additional parking spots for large trucks. This is a prime location with perfect visibility to I~70 Interstate.

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $790,189 $34.51
Other Income - -
Vacancy Loss $1,733 $0.08
Effective Gross Income $788,455 $34.43
Taxes $53,248 $2.33
Operating Expenses $558,450 $24.39
Total Expenses $611,698 $26.71
Net Operating Income $176,758 $7.72

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $790,189
Annual Per SF $34.51
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $1,733
Annual Per SF $0.08
Effective Gross Income (CAD)
Annual $788,455
Annual Per SF $34.43
Taxes (CAD)
Annual $53,248
Annual Per SF $2.33
Operating Expenses (CAD)
Annual $558,450
Annual Per SF $24.39
Total Expenses (CAD)
Annual $611,698
Annual Per SF $26.71
Net Operating Income (CAD)
Annual $176,758
Annual Per SF $7.72

Property Facts

Price $2,662,394 CAD
Price Per Room $45,903 CAD
Sale Type Investment
Cap Rate 6.95%
Sale Conditions
1031 Exchange
  • Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 1.61 AC
Building Size 22,899 SF
No. Rooms 58
No. Stories 3
Year Built/Renovated 1989/2020
Parking Ratio 2.71/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

About 2207 N Buckeye Ave , Abilene, KS 67410

DO NOT CALL HOTEL FOR INFO. Price Reduction! Prime commercial/hotel property located on exit of Abilene, KS. Looking for a property with great access and exposure to I-70? This property has it all. The Super 8 is located on the SE corner of the exit for Abilene, KS. This 58 room property has been recently updated with carpet, paint and facilities. It offers 55 parking spots with 7 additional parking spots for large trucks. This is a prime location with perfect visibility to I-70 Interstate. Call Mike Downing today to see this property. Call Mike Downing 785-249-2134

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 58 $92.48 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
112-09-0-10-02-004.01-0
Land Assessment
$31,518 CAD (2024)
Improvements Assessment
$303,867 CAD (2024)
Total Assessment
$335,384 CAD (2024)
Annual Taxes
$53,248 CAD ($2.33 CAD/SF)
Tax Year
2023

zoning

Zoning Code B3,Flood Zn C
B3,Flood Zn C
  • Listing ID: 30418342

  • Date on Market: 2023-12-21

  • Last Updated:

  • Address: 2207 N Buckeye Ave, Abilene, KS 67410

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