Quality Inn By Choice Hotels - Ark City
88-Room Hospitality Asset with Self-Storage & Redevelopment Potential
Marketing description
Quality Inn Ark City at 3232 N Summit, Arkansas City, KS 67005 offers a compelling hospitality investment with scale, visibility, and upside. This 88-room hotel spans approximately 61,875 SF on 6.30 acres and is strategically positioned directly off US Highway 77 with strong traffic counts and excellent access to major retailers, restaurants, schools, medical facilities, and leading area employers. Originally built in 1981 and renovated in 2018, the property has benefited from more than $739,000 in capital improvements, including a new roof, upgraded HVAC systems, commercial laundry equipment, fire alarm system, Wi-Fi routers, room upgrades, and updated signage. Amenities include an indoor pool and hot tub, complimentary breakfast area, banquet/event space, guest laundry, manager/owner suite, and 24 covered outdoor storage units. This asset stands out for its exceptional value at $19,886 per key and offers significant revenue upside through employer lodging contracts, activation of the banquet and restaurant/bar areas, additional pool-driven bookings, and monetization of the outdoor storage component. With flexible branding potential and a highly visible location near golf, casinos, and regional demand drivers, this is a rare opportunity to reposition and grow a full-service lodging asset.
Notice to Potential Visitors:
Please do not visit the property without a scheduled appointment. Unannounced visits will not be accommodated. Contact listing agents directly to schedule all showings or request additional information.
Investment highlights
- 88-room hospitality asset offered at $1,750,000
- 5-year average gross revenue of approximately $716,333
- Priced at approximately $19,886/Key
- Extremely attractive basis at approximately $28/SF
- 24 covered outdoor storage units provide additional income potential (Currently not used)
- Opportunity to significantly increase revenue through corporate contracts, expanded banquet/event utilization, restaurant/bar completion, and enhanced amenity activation
- Former Quality Inn franchise presents flexibility to reflag, reposition, or redevelop
- Renovated manager/owner suite
- Indoor pool, fitness center, business center, conference/meeting space, and guest laundry
- Located directly off US Highway 77 with approximately 11,300 VPD
- Surrounded by major national retailers including Walmart Supercenter, McDonald’s, Starbucks, Casey’s, Tractor Supply Co., Pizza Ranch, Westlake Ace Hardware, and more
- Proximity to major regional employers including Creekstone Farms, Kan-Pak, ADM Milling, GE Aviation, BNSF Railway, and Skyline Homes
- Positioned near Spring Hill Golf Course and Arkansas City Golf & Fitness
- Potential hospitality repositioning, mixed-use conversion, workforce housing, or redevelopment opportunity
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