Baymont Inn & Suites - Topeka, KS

Priced at less than $25,000/Key!! Former Hampton Inn located off I-470 & I-70, near restaurants and shopping. The Baymont Inn & Suites is only minutes from downtown Topeka, Kansas State Capitol, Washburn University and the Kansas Expo/Convention Center.

Property Details

Address 1401 Southwest Ashworth Place, Topeka KS 66604 (view map)
Price $1,500,000
Rooms 62
Price Per Key $24,193
Property Type Interstate Limited Service
Revenue Call or Email for CA

Executive Summary

Now Priced at $1,500,000!  Less than $25,000/Key!

The Baymont Inn & Suites Topeka has 62 spacious rooms and suites on two floors including an outdoor pool and indoor hot tub. Excellent visibility from the I-470 & I-70 corridor located only minutes from several attractions and sites including the Kansas State Capitol, Washburn University, Kansas Expo/Convention Center, Topeka Zoo, Heartland Auto Race Track,  VA Medical Center and West Ridge Mall. The Kansas City Metro Area is only one hour away from the property. 

This all concrete constructions hotel was originally built as a Hampton Inn.  The property produces a nice cash flow and with the PIP being completed it should reposition itself to better compete against its compset. Topeka has always been a strong hospitality town and the Baymont Inn offers an owner the opportunity to gain market share in the midscale brand market.

 

 

 

 

Contact an Associate

Brent Jaynes, Managing Partner Brent Jaynes, Managing Partner
913-499-4731 (office)
Send an Email
Dave Jones, Principal Dave Jones, Principal
913-499-4725 (office)
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Hotel Description

 

  • Interstate Location (I-470 & I-70) near major attractions and demand generators
  • Exterior corridor/2 floors
  • Priced at less than $25,000/Key - well below replacement costs
  • All concrete construction
  • Very strong hospitality market
  • Newer Roof (with warranty)
  • NEW Electronic door locks
  • Two-room suites
  • Flat Screen TV's 
  • Outdoor Pool
  • Indoor Hot Tub
  • Mini-fridges & Microwaves (some guestrooms)
  • Fitness Center
  • Ample Truck & Bus parking