Holiday Inn by Worlds of Fun is one of the newer products in that market. If you are looking for Metro-asset with several leisure/business demand generators around, this hotel is worth your time! Call for Info!

Executive Summary

The Holiday Inn located in Northeast Kansas City, Missouri presents investors with an opportunity to purchase a five year old high end property at far below today’s replacement cost. The well appointed hotel is situated just across from Worlds of Fun and Oceans of Fun, two of Kansas City’s largest demand generators. As a newer IHG property, guestrooms feature all modern amenities including a 55-inch TV, microwave, mini fridge, chair with ottoman, work desk and a Keurig coffee brewer. Common area amenities include an indoor heated pool, large fitness center, beautiful lobby with abundant seating, EV chargers and an on site restaurant that generates substantial additional revenue. The property also boasts nearly 6,000 square feet of meeting/banquet space including a 5,000 square foot room that can accommodate groups of up to 300 people.

In addition to its proximity to Worlds of Fun and Oceans of Fun, the hotel is convenient to a multitude of additional Kansas City attractions, these include Arrowhead and Kauffman stadiums (home to Royals and Chiefs), Ameristar & Harrah’s casinos, T-Mobile Arena, the Power & Light District and Hallmark-Crown Center…just to name a few.

While the property is already performing well, the STR report suggests that there is room for additional market penetration vs. the competitive set. YTD (July 2024) occupancy and ADR lag the comp set by 8% and $8, respectively. We believe the Holiday Inn performance metrics will rise with time and present opportunity for investors.

If you are interested in touring the property, have questions or need additional information, please call or email.

Property Details

Address
4101 N Corrington Avenue, Kansas City , MO 64117
Price
$11,900,000 
Rooms
126 
Price Per Key
$94,444 
Property Type
Full-Service 
Revenue
Call for Info!  

Hotel Description

  • ADR up $5 YTD (July 2024)
  •  126 ROOMS!~
  • STR report indicates opportunity for additional market penetration
  • Priced well below replacement cost for a five year old property
  • Income from F&B sales exceeded $175,000 in each of previous two years
  • Guest rooms feature a work desk with ergonomic chair, microwave, mini fridge, Keurig coffee brewer, chair with ottoman as well as a 55-inch TV.
  • Location is convenient to a number of Kansas City attractions: Worlds of Fun, Oceans of Fun, Arrowhead Stadium (home to Kansas City Chiefs), Ameristar Casino, Harrah’s Casino, The River Market, T-Mobile Arena, Power & Light District, The Crossroads, Hallmark-Crown Center, and Union Station
  • Substantial meeting/banquet space including a 5,000 sq ft room that can accommodate up to 300 people

Contact a Broker

Nihar Patel


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