312-576-2011
3007 W 18th Ave, Emporia, KS for Sale
Hospitality - FOR SALE
1/20
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3007 W 18th Ave
Emporia, KS 66801


HIGHLIGHTS

  • Strong operational upside in transitioning the asset out of institutional ownership and third-party management.
  • Property is offered unencumbered by management and debt and at a significant discount to replacement cost.
  • Property is strategically located along I-35, with average daily traffic of approximately 20,000 vehicles per day passing the hotel
  • Education demand driven by proximity to Emporia State University (3 miles) with student enrollment up 16% year over year as of fall 2024
  • Many local year-round attractions include the David Traylor Zoo of Emporia, Emporia Arts Center, and Historic Downtown Emporia.
  • Home to various sports facilities, including the Emporia Granada Theatre – host to concerts and performances

OVERVIEW

Alchemy Real Estate Advisors are pleased to offer, on an exclusive basis, the opportunity to acquire fee simple interest in the 68-room Holiday Inn Express & Suites in Emporia, Kansas. The Property is offered for sale as part of an eight (8) property portfolio located across five (5) states in Illinois, Iowa, Kansas, Missouri and Oklahoma. The 8 properties include: Holiday Inn Express & Suites: Jacksonville, Illinois Holiday Inn Express & Suites: Mattoon, Illinois Holiday Inn Express & Suites: Dubuque, Iowa Holiday Inn Express & Suites: Emporia, Kansas Holiday Inn Express & Suites: Nevada, Missouri Holiday Inn Express & Suites: Bethany (OKC MSA), Oklahoma Holiday Inn Express & Suites: Chickasha (OKC MSA), Oklahoma Hampton Inn: Chickasha (OKC MSA), Oklahoma Property Tours Property tours are available on Tuesday, December 17th by appointment only. Please reach out to Adam Montufar, amontufar@alchemyrea.com, to schedule. Richard Shawn Terrel c/o Fisher Auction Company Inc. License: 00216208

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

68

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2013

PARKING SPACES

91

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

C-3

APN/PARCEL ID

193-05-0-30-02-005.00-0

ASK ABOUT THIS PROPERTY

Adam MontufarAlchemy Real Estate Advisors, LLCMore Info
312-576-2011

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Adam MontufarAlchemy Real Estate Advisors, LLCMore Info
312-576-2011

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.