Hospitality Group

Seller financing may be available

Closed Ramada

605 SW Fairlawn Road, Topeka, KS 66606

This closed Ramada is located on Southwest Fairlawn Road in Topeka and is easily accessible with excellent visibility from Interstate 70. The Hotel is approximately 13 miles from the Topeka Regional Airport. The Property is near local and area attractions such as Washburn University, the Kansas State Capitol, Topeka Zoo, Forbes Field, the Kansas Expocentre, and more.  Other attractions include the Combat Air Museum, Harrah’s Prairie Band Casino, several sporting complexes and fields, and more.  There is a variety of dining and shopping near the Hotel.  Local businesses include Frito-Lay Inc., Goodyear Tire & Rubber Company, Hill’s Pet Nutrition Inc., The Security Benefit Group, Westar Energy, Inc., and many more.

  • 170 Non-Smoking Rooms
  • Two Buildings: One Two-Story, One Six-Story; Both Interior Corridor
  • Unencumbered By Brand
  • Local Area Businesses: Advisors Excel, BlueCross BlueShield Kansas, AT&T, BNSF Railway, and others
  • Five Year Leveraged IRR:  31.4%
  • Adaptive reuse opportunities
  • Significant operational upside
  • Strong brand repositioning opportunity
  • Numerous branding options available
  • Economic incentive package possible (TIF, CID, Sales Tax concessions)

 


  • Rooms170
  • StructureTwo and Six-Story Interior Corridor
  • LandFee Simple
  • Price $3,250,000
  •  Under Agreement 
  • Download Flyer
  • The property is currently Under Agreement.

Document Vault

Please execute the CA to be given access to document vault.

Location

605 SW Fairlawn Road
Topeka, KS 66606


View in Google Maps