Hotel Portfolio with Two
2725 ENTERPRISE RD Goodland, KS
2725 ENTERPRISE RD, Goodland, KS, 00000
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For Sale
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Newer and renovated hotel properties offered together, providing a combined 148-room opportunity with leasehold structure.
Property Size50,602 SF
Price / SF$324.10
Days on Market62
Property Features for 2725 ENTERPRISE RD
General Information
- Standard status
- Active
- Size
- 50,602 SF
- Property subtype
- Hospitality
Building Details
- Year Built
- 2021
Listing agency
Leisure Real Estate Advisors LLC
(913) 894-5252
Listed by
Brent Jaynes · License #BR00008591
Source
Crexi
Added: May 21 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 6:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Leisure Real Estate Advisors LLC
Investment Insights
Based on property information with market context.
This offering pairs two adjacent hotels: a Holiday Inn Express & Suites with 75 keys and a Comfort Inn & Suites with 73 keys, presented as a portfolio only for the Express. The Holiday Inn Express opened in 2021, while the Comfort Inn & Suites was built in 2007 and converted in 2022. Both hotels are being offered with a leasehold interest, with ownership converting to fee simple title in December 2030. A partial real estate tax abatement applies to both properties and expires in December 2030, and a 22-year, 2% community improvement district (CID) contributes directly to net income for the Holiday Inn Express.
The properties are located at 2725 Enterprise Rd in Goodland, Kansas. The Comfort Inn site includes a bank of onsite EV charging stations, and both hotels benefit from a high level of walk-in traffic.
For buyers and operators, the portfolio structure supports an opportunity to acquire two stabilized hospitality assets together in a rural western Kansas market with steady transient demand tied to I-70 travel, long-haul trucking, and the local energy and agribusiness base. The offering also notes that expected PIPs should be minimal given the newer nature of both properties and the recent conversion of the Comfort Inn & Suites.
The properties are located at 2725 Enterprise Rd in Goodland, Kansas. The Comfort Inn site includes a bank of onsite EV charging stations, and both hotels benefit from a high level of walk-in traffic.
For buyers and operators, the portfolio structure supports an opportunity to acquire two stabilized hospitality assets together in a rural western Kansas market with steady transient demand tied to I-70 travel, long-haul trucking, and the local energy and agribusiness base. The offering also notes that expected PIPs should be minimal given the newer nature of both properties and the recent conversion of the Comfort Inn & Suites.
Key Highlights
- Portfolio offering: Holiday Inn Express & Suites (75 keys) plus adjacent Comfort Inn & Suites (73 keys) for 148 total keys
- Holiday Inn Express opened in 2021; Comfort Inn & Suites built in 2007 and converted in 2022
- Leasehold interest offered on both hotels; ownership converts to fee simple title in Dec 2030
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Holiday Inn Express ...
Hotel & Motel
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FAQs
What type of property is this?
Hotel - Newer and renovated hotel properties offered together, providing a combined 148-room opportunity with leasehold structure.
Where is this hotel located?
The property is located at 2725 ENTERPRISE RD Goodland, KS.
What is the asking price?
The asking price for this property is $16,400,000.
What are key features of this property?
This property features: Portfolio offering: Holiday Inn Express & Suites (75 keys) plus adjacent Comfort Inn & Suites (73 keys) for 148 total keys; Holiday Inn Express opened in 2021; Comfort Inn & Suites built in 2007 and converted in 2022; Leasehold interest offered on both hotels; ownership converts to fee simple title in Dec 2030
