Hotel Real Estate and Investment Banking

Holiday Inn Hays, KS

The 191-room, concrete, interior corridor, two-story hotel originally opened in 1966 as an exterior corridor building and has been converted in the 1980’s to an interior corridor hotel. The guestrooms were renovated in 2003. The renovation included the bathrooms, soft goods, case goods, artwork and lighting package. Guestrooms also feature cable television, in room movies, video games and internet access.

 

This Holiday Inn is an excellent acquisition opportunity for a local or regional owner looking to acquire a well located and strong performing asset in a growing market at a price well below replacement cost. A new owner will be able to significantly benefit from the following:

  • Delivered free and clear of management and franchise
  • Opportunity to reposition with a new franchise
  • Location is conveniently accessible from Interstate-70
  • Attractive price offering at 2.6X Gross Room Multiple
  • Concrete block and brick construction
  • Discounted price affords new operator to complete upgrades and increase revenues

For a complete Offering Memorandom please contact Herb Warmbrodt or Zane Varvel at 816-960-4747 or via email at Herb@whikc.com or Zane@whikc.com

 

 
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Warmbrodt Hotel Investments Incorporated
4705 Central, Suite 200, Kansas City, MO 64112
Telephone 816-960-4747 • Fax 816-960-6767