Hotel Real Estate and Investment Banking

Holiday Inn Salina, KS

The 192-room, concrete, interior corridor, three-story hotel opened in 1986 as a Holiday inn and was renovated in 2003.

The Property is fully sprinklered, contains two hydraulic elevators and over 9,500 square feet of meeting and banquet space, which will accommodate up to 1,000 people. Other hotel amenities include the signature Holidome with an indoor heated pool and waterslide, an arcade, a fitness room featuring ping pong or table hockey, sauna and whirlpool. .

 

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 new franchise
  • Location is highly visible and conveniently accessible from interstate-135
  • Attractive price offering at 3.0X gross room multiple
  • Concrete and concrete block 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