Fairfield Inn Topeka, KS

Listing Agents

Lora Simpson
T | 515.729.4516

Adam Montufar
T | 515.446.4181

Detailed Information
Property Highlights
  • Fee simple interest in the institutionally owned and third-party managed 62-room Fairfield Inn Topeka, KS
  • Property will be auctioned in the May 3rd event on Ten-X
  • Asset is available for individual purchase as part of a six-property portfolio
  • Ability for qualifying franchisees to retain the Fairfield Inn by Marriott flag through a new long-term license upon completion of the PIP
  • Strong residual upside in transitioning away from national, institutional ownership to a regional Midwest owner with greater economies of scale
  • Adjacent to and readily accessible via Interstate 470 with upwards of 30,000 vehicles passing the location daily
  • Convenient to all broader Topeka demand, including West Ridge Mall, the Kansas State Capitol Building, Stormont-Vail Hospital, Washburn University, and the $100MM Wheatfield Village mixed-use development
  • Topeka is the state capital of Kansas, located directly west of the Kansas City MSA and its population of ~2.17MM residents. Topeka ranked 4th in Wallstreet Journal’s Realtor.com 2023 Emerging Housing Market Index, which identifies top metros with an appreciating housing market, strong local economy, and appealing lifestyle amenities
  • Optimal time to be investing in Topeka alongside several projects including the $125MM Goodyear Tire & Rubber Co., and $175MM Mars Wrigley, manufacturing plant expansions, among several others

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