Detailed Information
Location
Property Highlights
UNDER CONTRACT
- Fee simple interest in the institutionally owned and third-party managed 80-room Residence Inn Kansas City Independence, MO
- Available for individual sale as part of a larger 9-property institutional portfolio sale in the August 15th auction event via Ten-X
- Offered unencumbered by management, with an ability to complete the PIP and retain the Residence Inn brand through a relicensing agreement with Marriott
- Within walking distance of Centerpoint Medical Center, a major hospital in Independence, and Independence Center, with over 100 popular retail stores and restaurants
- Minutes from local Independence and Jackson County demand, including Truman Sports Complex, home to Arrowhead Stadium and Kauffman Stadium, Cable Dahmer Arena, EPIC Center, and Lee’s Summit Sports Complex. Convenient to all broader Kansas City regional attractions, including Worlds of Fun, Country Club Plaza, Kansas City Zoo and Aquarium, Union Station, and the Kansas City Power and Light District
- Kansas City International Airport (KCI) opened a new $1.5 billion terminal in February 2023 and served 11.5 million passengers for the year, the highest number since 2000 and an almost 18% increase over 2022’s passenger volume
- In 2026, Kansas City will host six FIFA World Cup matches, including a quarterfinal at Arrowhead Stadium, drawing over seven million tourists and generating $620 million in economic activity