4101 Corrington AveKansas City, MO 64117

This exceptional 126-room Holiday Inn in Kansas City, Missouri, presents a compelling investment opportunity. Built just five years ago, this premium-branded hotel is offered at a price significantly below current replacement cost. Boasting a prime location directly across from Worlds of Fun and Oceans of Fun theme parks, the hotel benefits from high demand and strong revenue generation. The property features modern guest rooms equipped with 55-inch TVs, microwaves, mini-fridges, Keurig coffee brewers, ergonomic work desks, and comfortable seating. Beyond guest rooms, the hotel includes an indoor heated pool, a large fitness center, and a well-appointed lobby. A substantial on-site restaurant consistently generates over $175,000 in annual revenue. The hotel also offers nearly 6,000 square feet of meeting and banquet space, including a 5,000-square-foot room capable of hosting up to 300 people. Its strategic location provides easy access to numerous Kansas City attractions, including Arrowhead Stadium, Ameristar Casino, Harrah's Casino, T-Mobile Arena, and the Power & Light District. While currently performing well, a recent STR report suggests potential for increased market penetration and improved performance metrics. The average daily rate (ADR) is up $5 year-to-date (July 2024). This presents a unique chance to acquire a high-quality, well-located hotel in a thriving market at a below-market price. The property's strong amenities, convenient location, and potential for growth make it an attractive investment prospect.