Hotels for Sale

Motel 6 Kansas City Southwest – Lenexa

Address:
Lenexa, Kansas
Description:
  • Fee simple interest in the institutionally owned and operated 120-room Motel 6 Kansas City Southwest - Lenexa, KS (#381) priced at a substantial discount to replacement cost
  • Offered unencumbered of management with an ability to retain the Motel 6 flag via a long-term franchise agreement
  • Minimal change of ownership PIP expected with approximately $1.375MM ($11,460/key) of renovation work completed in recent years with the majority ($1.1MM+) invested in 2016
  • Strong operational upside with asset transitioning out of a corporate management structure to a more traditional owner / operator model
  • Located adjacent to I-35 at the W 95th Street exit 224, a location passed by upwards of 100,000 vehicles daily
  • Ideally situated in the heart of Johnson County and convenient to all regional demand; including Sprint Corp. world headquarters, the Overland Park Convention Center, the 1,500-acre Village West entertainment destination, downtown Kansas City, MO (Sprint Center, Country Club Plaza, the Power & Light District) and the Kansas City International Airport

Listing Agents

Beau Mullenix
T: 314.568.7098
Email

Adam Montufar
T: 515.446.4181
Email

Categories List:   

Send message to listing owner