Super 8 46-key Hotel In Salina, KS

$3,250,000 Super 8 in Salina, KS featuring 46 keys, $331,249 NOI, and a 10.19% cap rate. Operating at 50.77% occupancy, this limited-service Wyndham-branded hotel offers a proven cash-flowing opportunity with value-add upside. Built in 1995 and renovated in 2009, the property totals approximately 23,768 square feet on 1.19 acres. More than $275,000 has been invested in recent capital improvements including roof replacement, upgraded signage, new laundry equipment, security enhancements, and ongoing guestroom updates. Amenities include an indoor pool, complimentary breakfast, guest laundry, and surface parking suitable for commercial and transient traffic. The hotel benefits from strong connectivity to major regional demand drivers through a central U.S. highway network. Demand generators include manufacturing and distribution employers, regional healthcare infrastructure, universities and technical institutions, government agencies, and recreation and sports travel. Annual events such as a major national automotive event and a large regional arts and culture festival generate multi-day lodging demand and citywide compression. Supported by the Wyndham brand and loyalty platform, this asset offers operational continuity with reduced near-term capital exposure and upside through light renovation and rate optimization.