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2608 E Kansas Ave
Garden City, KS 67846
Comfort Inn Garden City - 12.4% Cap Rate · Hospitality Property For Sale · 62 Rooms
PROPERTY FACTS
Property Type | Hospitality | No. Rooms | 62 |
Property Subtype | Hotel | No. Stories | 3 |
Building Class | B | Year Built/Renovated | 2003/2017 |
Lot Size | 1.23 AC | Parking Ratio | 2.16/1,000 SF |
Building Size | 30,543 SF | Corridor | Interior |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 1.23 AC |
Building Size | 30,543 SF |
No. Rooms | 62 |
No. Stories | 3 |
Year Built/Renovated | 2003/2017 |
Parking Ratio | 2.16/1,000 SF |
Corridor | Interior |
Amenities
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
About 2608 E Kansas Ave , Garden City, KS 67846
Cash on Cash Return of 32% and 12.4% Cap Rate! This Comfort Inn represents all the attributes of a superior hotel investment…that is, high revenue, strong net income, a highway location and a solid market with multiple demand generators. Garden City is in southwest Kansas and has a population of over 27,000. The hotel is situated off the junction of Highway 83 and 156. Garden City demand generators include Garden City Community College, Lee Richardson Zoo, Buffalo Dunes Golf Course, the Hot Air Balloon Classic and Beef Empire Days. Construction is set to begin on the Sports of the World Complex, a $31 million-dollar project which will include a 160,000 sq. ft. multi-sport facility. Major businesses such as Tyson Meat Packaging, St. Catherine Hospital, Bonanza Bioenergy Ethanol and Sunflower Electric also contribute to the hospitality demand. This 62 room, 3-story hotel with an elevator has received many upgrades, including The Truly Yours room package. Guests enjoy amenities such as an indoor pool and hot tub, fitness room, guest laundry and flat screen TV’s. The hotel also has an "Excellent" rating from guests on the Choice Hotels web site! The Comfort Inn Garden City provides high room revenue, cash flow and a strong hospitality market.
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 62 | $118.00 | - |
PROPERTY TAXES
Parcel Number | 272-09-0-30-06-001.00-0 | Improvements Assessment | $751,197 |
Land Assessment | $88,284 | Total Assessment | $839,481 |
PROPERTY TAXES
zoning
Zoning Code | C2 |
C2 |
Listing ID: 16754684
Date on Market: 2019-07-29
Last Updated:
Address: 2608 E Kansas Ave, Garden City, KS 67846