HomeTowne Studios WOF Kansas City, MO

UNDER CONTRACT

• Fee-simple interest in the corporate owned and corporate managed 134-room Red Roof HomeTowne Studio Independence Kansas City
• Available for individual sale as part of a larger five property portfolio in the September 7th auction event
• Ability to purchase any combination of the five assets, affording buyers the opportunity to capitalize on strong operating economies of scale
• Offered unencumbered of brand, debt, and management – with a variety of alternative brand options available for conversion.
• Product type with fully equipped kitchens is ideal for potential residential conversion or alternative use pending zoning and municipality approval
• Extended stay economy product is widely revered as recession proof and remains a favorite investment sector amidst private and public investors
• High margin business model is ideally well positioned for any forward economic contraction given limited labor requirements with no sales department or food and beverage offering
• Situated across the street from Worlds of Fun Amusement Park, the largest in the Midwest
• Ideally located within the Kansas CITY MSA, proximate to all regional demand, Harry S. Truman Sports Complex (home of Arrowhead Stadium & Kauffman Stadium), Kansas City Zoo, Union Station, Hallmark Cards, Inc. headquarters, H&R Block headquarters, North Kansas City Hospital, Kansas City International Airport, and downtown Kansas City
• Property is readily accessible via Interstate 435 with direct visibility from the interstate
• The Kansas City MSA is the largest MSA in Kansas and the second largest in Missouri