This premium branded Fairfield Inn & Suites produces an attractive top line revenue, and a compelling net operating income.  And revenue is up $135K YTD 2025.   It is priced at just under $104K per key, which is significantly below replacement costs, even after the costs of the new PIP are included, which is manageable.   The property shows well and is located in a very good hospitality market.

Executive Summary

Revenue is up $135K YTD 2025

Leisure Real Estate Advisors, LLC is pleased to announce that it has been selected as exclusive marketing agent for the Fairfield Inn & Suites, Hutchinson, KS.   This 89 room Fairfield Inn & Suites is among the 2 top rated hotels in Hutchinson.  It also represents the Marriott “Inn & Suites” prototype.  Along with a very attractive top line revenue and net income, it is well rated on the third-party travel sites.   It features one of the best and most visible locations in town, as it is located in the most concentrated retail area in the area.  Hutchinson, along the South Hutchinson, is a midsized Kansas town of 43,000, with numerous demand generators.  Hutch is located in Reno County with a population of over 60,000.  The hotel is only a 45-minute drive down K-96 to the Dwight D. Eisenhower National Airport in Wichita.

Hutchinson has historically been a very good hospitality market.  Surrounded by companies like the Dillon’s (now Kroger) regional office and distribution warehouse, Tyson and Cargill Salt, the hotel benefits from those corporate demand generators as well as attractions such as the Kansas Cosmosphere, the Kansas State Fair, the Kansas Underground Salt Museum (now Strataca), and the National Junior College Association national basketball tournament.  Downtown Hutch has also received Star Bonds for the redevelopment of the downtown area and includes upgrades to the Cosmosphere, renovations to Memorial Hall, and the addition of the Landmark Building apartment project.

Finally, the Department of Corrections has proposed a $450M new correctional facility in Hutch, which will replace the existing aging facility.   The Department has been working on it for years and the project is currently before the 2025 legislative session.

Local Demand Generators:

  • Cosmosphere – a nationally recognized space museum and one of the most complete in the country
  • Strataca – formerly the Kansas Underground Salt Museum, Carey Salt
  • National Junior College basketball tournament (draws attendees from all over the country)
  • Annual Kansas State Fair (attracts 350,000 annually)
  • Downtown Hutch Redevelopment
  • A new 14,500 square foot conference center is scheduled to open this summer which could increase the meeting and convention business dramatically.

Notable Area Businesses:

  • Hutchinson Regional Healthcare
  • Dillon’s
  • Tyson
  • Siemens Wind Power
  • Lowen Corporation
  • Collins Bus Corporation
  • Hutchinson Correctional Facility (The State of KS has plans to replace with the existing facility with a new $450M facility)

Property Details

Address
1111 N. Lorraine St, Hutchinson, KS 67501
Price
9,200,000 
Rooms
89 
Price Per Key
103,580 
Property Type
Limited service - upper midscale 
Revenue
Call or email for CA 
Website

Hotel Description

  • 89 keys, opened 2012
  • Premium Brand
  • Attractive top line revenue
  • Revenue increasing, YTD 2025, up $135K
  • Compelling cash flow
  • 4 floors, interior corridor
  • Opened 2012
  • Assorted suites, including separate sleeping areas
  • Microwave and mini-fridge, all rooms
  • Sundry shop & guest laundry
  • Fitness center
  • Business center
  • Indoor pool & spa
  • 100% non-smoking
  • Well rated on travel sites
  • Marriott Inn & Suites prototype
  • A very good hospitality town, due to the corporate activity and major demand generators like the Cosmosphere, the Kansas State Fair and the National Junior College basketball tournament
  • Only 45 minutes to the Eisenhower National Airport in Wichita
  • A new 15-year license will be available
  • Manageable Relicensing PIP (available)

Contact a Broker

Brent Jaynes

13000 W 87th St. Pkwy, Suite 108
Lenexa, KS 66215
Phone: 913-499-4731
Fax: 913-499-4771