This 66 key Holiday Inn Express & Suites completed the Formula Blue PIP in 2021 and is priced at less than $102K per key.  Whether you are an owner-operator or expanding your portfolio, this acquisition will provide a  well performing premium flag and require manageable CapEx. 

 

 

Executive Summary

The El Dorado Holiday Inn Express & Suites, built in 2007, is a 66-key property located off of the Kansas Turnpike (I-35) approximately 25 miles from Wichita, Kansas.  This well performing hotel provides consistent revenue.  Additionally the Formula Blue PIP was completed in 2021.

The location is convenient to all of El Dorado’s local demand generators which include El Dorado Lake & State Park, El Dorado Civic Center, Butler Community College (enrollment of 6500 students), Frontier Refinery, ONEOK, Chicago Bridge and Iron and Susan B. Allen Hospital.

As part of the Wichita Metro Area (population 650,000) El Dorado also boasts quick access to Wichita’s robust corporate, recreational and educational demand. These include Wichita State University, Dwight D. Eisenhower National Airport, McConnell Air Force Base, Spirit Aerosystems, Textron Aviation, Koch Industries as well as numerous local, state and federal offices.

If you are interested in this opportunity to secure a premier flag in a growing metro area for well below replacement cost, call or email for additional details.

Property Details

Address
3100 W El Dorado Avenue , El Dorado, KS 67042
Price
$6,700,000 
Rooms
66 
Price Per Key
$101,515 
Property Type
Limited Service - Interstate 
Revenue
Call or Email for CA 

Hotel Description

  • 66 Keys
  • Built 2007
  • Completed Formula Blue PIP – 2021
  • 12 Executive Suites 
  • Offered at less than 102K per key, 30% less than a new build
  • I-35 location w/interstate visibility
  • Wichita Metro Area
  • Butler Community College (6500 enrollment)
  • Frontier Refinery and ONEOK (gas) manufacturing nearby
  • Indoor pool
  • Fitness center
  • Guest laundry

Scroll down and click on the “BUYER CA” tab to complete and submit the Confidentiality Agreement

Contact a Broker

Nihar Patel


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

Dave Jones

13000 W 87th St. Pkwy, Suite 108
Lenexa, KS 66215
Phone: 913-499-4725