IF you are looking for a great Kansas City metro area hotel with tremendous amount of upward potential for revenue growth, along with a great Cost per Key basis, this Holiday Inn Express on Midland Drive may be the one for you!

  • Priced below today’s replacement cost
  • Premiere flag with IHG
  • Less than 10-miles from Legends Mall, Sport KC Stadium and Kansas Speedway
  • Kansas City Metro Area boasts a population of over 2.1 million
  • Performance improvement potential based on STR performance vs competitive set
  • Only 30 minutes to Kansas City International Airport
  • Located off of heavily traveled I-435
  • Substantial business related demand including a large FedEx facility nearby

Executive Summary

Leisure Real Estate Advisors is pleased to present the Holiday Inn Express and Suites located in Shawnee, Kansas. This offering is a chance to purchase a premier flagged property in a growing KC Metro market. The 114-key property was built in 2014 and is situated on a large lot just off of the heavily traveled I-435.

The property offers all modern amenities including an indoor saltwater pool, large fitness center, business center, complimentary breakfast, and a meeting room. Standard guest rooms feature a refrigerator, microwave, flat screen TV, wired and wireless internet access and a desk with ergonomic chair. Suites include an additional television, expanded living space and a sleeper sofa.

Like the rest of the KC metro area, Shawnee has consistently grown for decades. The population now stands at approximately 69,000. The area surrounding the hotel is rich with demand generators, including Legends Mall, Children’s Mercy Park (home to Sporting KC soccer), Kansas Speedway, Village West, Shawnee Mission Park and a large FedEx facility. The property is only a short drive from Kansas City which is home to the Sprint Center, Power & Light District, the Kansas City Zoo and the Kansas City International Airport.

Priced well below today’s replacement cost and with upside potential we believe this property will generate significant interest. Please call, text or email if you have questions or need any additional information.

Property Details

Address
17346 Midland Drive, Shawnee, KS 66217
Price
$9,250,000 
Rooms
114 
Price Per Key
81,140 
Property Type
Limited Service Hotel  
Revenue
Call for info  

Hotel Description

This Holiday Inn Express & Suites is a four story 114-key property that was built in 2014. The property, located off of Interstate 435 in Shawnee, Kansas, is situated on a 3.77 acre lot (according the Johnson County Assessor).

Guest rooms feature a refrigerator, microwave, flat screen TV, desk with ergonomic chair, wired and wireless high speed internet, coffee maker and an enhanced bath experience.

The property’s 19 suites offer an expanded living area and include two TV’s and a sofa with pullout.

Common area amenities include complimentary Express Start breakfast buffet, indoor saltwater pool, spacious 24- hour fitness center, meeting space and a business center.

The location is convenient to a variety of local demand generators, including:

  • Kansas City International Airport
  • Village West
  • Kansas Speedway
  • Legends Mall
  • FedEx Facility
  • Shawnee Mission Park
  • Children’s Mercy Park
  • The Arts & Heritage Center
  • Johnson County Museum
  • Country Club Plaza
  • Sprint Center
  • Power & Light District
  • Kansas City Zoo
  • Bayer Corp
  • Biomune
  • Deluxe Check

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

Proof of funds and/or lending reference required for a site visit

Contact a Broker

Nihar Patel


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