| Location | 501 Southwest Blvd Kansas City, Kansas |
| Price | $5,700,000(hotel) and $1,975,000 (shopping center) |
| Rooms | 112 |
| Price Per Key | $50,892 |
| Property Type | Limited service hotel and neighborhood shopping center |
| Revenue | Call or email for CA |
Contact Listing Broker for More Details
The Best Western Kansas City Inn and the Rainbow Village Shopping Center together, feature an uncommon cash flow investment opportunity. Together, the cash flow exceeds $800K. These investment properties represent the ability to diversify risk, between the two different business models. Furthermore, the offerings represent the attributes investors look for....that is, cash flow and location. It offers an interstate location, barriers of entry, and is centrally located near many of the demand generators in mid town KC.
Furthermore, the rapidly expanding KU Medical Center is located less than a quarter of a mile away. The hotel is also nearby the prestigious Country Club Plaza, Westport and Crown Center. Whether hotel or shopping center, finding a suitable competitive development site in this area would be very expensive and difficult.
The hotel has been totally renovated to the extent that is has achieved QA scores in the 980's, which is exceptional for a property of this type. We have listed a number of Best Western hotels. This one is one of the nicest and is located in one of those areas that is protected from competition by the cost to develop.
The Rainbow Village Shopping Center is approximately 30,000 sq. ft. and is anchored by an Applebee's. It is 90% occupied and provides a cash flow of $150K.
If you tour this hotel and view the potential of the shopping center, we are convinced you will be impressed.
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Brent A. Jaynes 913-499-4731 bjaynes@leisurerealestate.com |
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