If you are looking to enter into a hotel that’s part of a  Strong Metro in Overland Park KS ! Fully Renovated! Well Maintained Asset! Prime Location off I-35!  3x Multiplier with a Pip that’s been completed for all 77 guest rooms, and the lobby!  Then this is worth a look!

Executive Summary

We’re excited to present to you a 77-unit beautifully renovated Econolodge Inn and Suites  Hotel in Overland Park KS!!! . This hotel is well positioned in the prominent city of Overland Park KS, Metro, located in the best part of Shawnee Mission parkway and  and I-35 Interstate! Overland Park is the newest and emerging metro which includes all the finest shopping, Corporate offices, Leisure activities and More!  Household income within a one mile radius is estimated to be the highest in Overland Park KS.  A perfect opportunity for an owner wanting to enter a hotel that stood the test in 2020 and Strong revenue gain in 2021. Additionally it has an estimated minimal ownership transfer PIP.  The property that is ready to operate and take advantage of the pent-up travel demand for 2022!!!

Property Details

Address
7508 Shawnee Mission Pkwy, Overland Park , KS 66202
Price
$3,000,000 
Rooms
77 
Price Per Key
$38,961.03 
Property Type
Hotel 
Revenue
Call or Email for additional information  
Website
 

Hotel Description

  • 2021 room revenue up 13% over 2019; ADR up 9%
  • Located off of I-35 in the Kansas City Metro Area (population +2.3m)
  • City named on of the Top 10 Places to Live in America
  • Seasonal outdoor pool
  • Meeting room
  • Two-room suites and oversized rooms
  • Refrigerators & microwaves
  • 100% smoke free

KEYS 77

PRICE/KEY $38,961

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• Location convenient to Shawnee Mission Medical Center, Westport area, Sprint Center, Arrowhead and Kauffman Stadiums, Kansas Speedway, Scheels Soccer Complex and Power & Light District

Contact a Broker

Nihar Patel


Topeka, KS
Cell: 785-554-7810
Fax: 316-281-4243