67-Room Interior-Corridor
For Sale
Contact for pricing
740 Iowa St, Lawrence, KS 66044
Updated guestrooms, indoor pool, fitness center, business center, and suite accommodations support a range of hotel guests.
Property SizeContact for details
Days on Market143
Property Features for 740 Iowa St
General Information
Standard status
Active
Total Parking Spaces
70
Property subtype
Hospitality
Net Operating Income
$334,000
Financials
Asking Price
$4,200,000
Cap Rate
8%
Business Included
Yes
Amenities
RFID key locks
fitness center
indoor pool
business center
Listing Agency:
BSG Hotels Limited
Listed By:
Bharat Patel Vakil · License #512841
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 30 at 7:00PM
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 BSG Hotels Limited
Investment Insights
Based on property information with market context.
The hotel at 740 Iowa St in Lawrence, Kansas includes 67 interior-corridor guestrooms, updated guestroom interiors, RFID key locks, business and honeymoon suites, and an indoor pool. Additional on-site amenities include a fitness center and business center, with 70 parking spaces serving the property. The hotel operates under the Wyndham franchise and generated an 8% capitalization rate based on the source’s stated operating information. Its 2023 and 2024 room revenue history provides the operating period referenced for that performance metric.
Key Highlights
- 67‑room interior‑corridor hotel
- 8% capitalization rate
- Updated guestrooms with RFID key locks
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
645
Businesses Nearby
Explore this area
Business Placement
Demographics for 66044, KS
28,276
Population
12,723
Households
2.2
Avg Household Size
28
Median Age
54%
College-Educated
95%
High-School Grad
64.2 sq mi
ZIP Area
440
Density / Sq Mi
$56,340
Median Household Income
$20,271
Median Earnings
$999
Median Rent
$228,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Updated guestrooms, indoor pool, fitness center, business center, and suite accommodations support a range of hotel guests.
Where is this hotel located?
The property is located at 740 Iowa St Lawrence, KS.
What are key features of this property?
This property features: 67‑room interior‑corridor hotel; 8% capitalization rate; Updated guestrooms with RFID key locks
