PRICE REDUCED – SELLER WANTS TO SHOW MOTIVATION TO CREATE A DEAL. Kansas City area metro hotels do not come to market often. This Comfort Inn & Suites features a 15% y.t.d. increase in revenue and an 17% RevPar increase (last 12 months). All that, plus a TripAdvisor Certificate of Excellence make this offering ready to cash flow for a new owner.
Executive Summary
This Comfort Inn & Suites shows very well inside and out. This attractive offering produces a growing top line revenue and net income. The hotel has recently earned the TripAdvisor Certificate of Excellence. Prior to the recent improvements, the hotel did not rate well, but new management has greatly improved the guest experience. The result of those efforts has been a marked increase in revenue (10% y.t.d.) and an 18% increase in RevPar over the last 12 months.
The hotel is located on I-435 in northeast metro Kansas City near several large businesses, including the Claycomo Ford Plant, the casinos and Kansas City’s two largest theme parks. The theme parks attract over 4 million visitors per year. I-435 also provides easy access to the Truman Sports Complex (professional football and baseball stadiums). Hunt Midwest Subtropolis, which offers 6M sq. ft. of industrial space and houses 55 companies, is located just east of the hotel. Kansas City area hotels do not come to market often and there is a high level of demand for them. We expect a high level of interest on this offering.
