Holiday Inn Express & Suites East Wichita - Andover

$5,300,000

600 S. Allen St, Andover, KS 67002

Details

  • $5,300,000
  • Midscale

Investment Overview:

Marcus & Millichap’s National Hospitality Group, as an exclusive broker, is pleased to offer for sale the Holiday Inn Express East Wichita-Andover. The property is a 77-room, interior corridor, three-story hotel located directly off U.S. Route 400 in Andover, Kansas, an eastern suburb of Wichita.  The property was built in 2006, and has displayed steady year over year growth in revenue.

 

Property Overview:

The Holiday Inn Express Andover features common area amenities such as a heated indoor pool, meeting room, business center, fitness center, and on-site guest laundry facilities. Standard room amenities include a flat-screen television, large workstation, refrigerator, and microwave.

 

Location Overview:

The City of Andover is a growing suburb of Wichita with a population of just over 12,000 people.  Andover brings together the best of big-city proximity and small-town safety. The City has been ranked “Best City for Young Families”, and “Best City for Home Ownership” in Kansas!

The Holiday Inn Express Andover is one of only two hotels in a 5-mile radius and is located less than 3 miles from the new YMCA facility, the historical museum, and the municipal golf course. The Hotel is 2.4 miles from the soon to be completed Capitol Federal Amphitheater in Andover Central Park, which is predicted to host thousands of event attendees annually.

 

BOR
Greg Bates
Broker of Record
License: KS BR00035677

Agent for this listing

Steve Swenholt

Senior Associate, National Hospitality Group
Office: (512) 338-7826
Mobile: (972) 824-5483
Fax: (512) 338-7810
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