3232 N Summit St new to site

Arkansas City,KS 67005

$ 2050000

- Bed

- Bath

- SqFt


Key Details

Property Type Other Types

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID SCK655585

Year Built 1981

Annual Tax Amount $24,101

Tax Year 2024

Lot Size 6.300 Acres

Acres 6.3

Property Sub-Type Hotel/Motel

Source sckansas

Property Description

Introducing Quality Inn Ark City at 3232 N Summit, Arkansas City KS 67005. Just over 61,000 square feet, featuring 88 rooms on just over 6 acres of land, presents a prime investment opportunity. With a recent renovation investment exceeding $739,000, the property offers investors a low price per key of $23,295 and a remarkable price per square foot of $33.13. Boasting amenities like complimentary breakfast, indoor pool, fitness center, business center, and conference space, Quality Inn Ark City provides an attractive package for potential buyers. The location, coupled with the potential to increase revenue through various strategies like local employer contracts, bar/restaurant development, outdoor storage unit rentals, and banquet hall utilization, sets the stage for a lucrative investment. Don't miss out on the chance to maximize ROI and acquire a valued asset in Ark City, Kansas. Call today for more information! Notice to Potential Visitors: Please do not appear at the property without scheduling an appointment in advance. Unannounced visits will not be accommodated. To view the hotel or for more information, please contact us to arrange a suitable time for a showing.

Location

State KS

County Cowley

Area 61875

Zoning General Comm

Direction Highway 77, South to Summit St. Property located on East of Summit St and Skyline Rd intersection.

Interior

Heating Forced Air,Natural Gas

Cooling Central Air,Electric,Gas,Window Unit(s)

Flooring Carpet,Concrete,Other

Fireplace No

Heat Source Forced Air,Natural Gas

Exterior

Garage Description Parking Lot,Other

Utilities Available Natural Gas Available,Electricity Available

View Y/N Yes

Roof Type Asphalt

Street Surface City Arterial

Building

Story 2

Structure Type Pre-cast

Others

Miscellaneous Fire Alarm,Owner Storage,Security Lights,Security Systems,Wet Sprinkler System

Acceptable Financing No Lease

Listing Terms No Lease

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