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11400 College Blvd
Overland Park, KS 66210
Hawthorn Suites by Wyndham · Hospitality Property For Sale
·
215 Rooms
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 156,366 SF |
| Property Subtype | Hotel | No. Rooms | 215 |
| Building Class | B | No. Stories | 3 |
| Lot Size | 4.85 AC | Year Built | 1999 |
| Construction Status | Converted | Corridor | Interior |
| Zoning | CPO | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.85 AC |
| Construction Status | Converted |
| Building Size | 156,366 SF |
| No. Rooms | 215 |
| No. Stories | 3 |
| Year Built | 1999 |
| Corridor | Interior |
| Zoning | CPO |
AMENITIES
- Business Center
- Fitness Center
- Pool
- On-Site Bar
- Fully-Equipped Kitchen
ABOUT 11400 COLLEGE BLVD , OVERLAND PARK, KS 66210
*PRINCIPLES ONLY* The Hawthorn Suites by Wyndham was originally built as a Holtze Executive Village at a reported original cost of $19 million. The hotel is located in the Kansas City metro suburb of Overland Park, KS, the 2nd largest city in Kansas. The Hawthorn features 215 keys, 107 of which offer kitchenettes. The property is configured with 9 buildings, however, unlike the older extended stay hotels, each building features its own elevator, making access from parking to room quite convenient. While the hotel is primarily an extended stay business model, its room mix also allows for the nightly guest. It features studio, one bedroom and two-bedroom suites, along with the traditional hotel room, each with a sitting area. The lobby building features a fireplace ascending to an impressive vaulted ceiling, that also transitions into a great room, where guests can relax or enjoy a continental breakfast in the morning. This property is performing well and could be operated profitably as it is, with minor improvement. Or, the property could be upgraded to a higher level of finish to increase occupancy and ADR. Either way, the property currently produces well over $1.2M in cash flow and is certainly priced 25 to 30% below today's replacement costs.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 215 | $134.00 | - |
PROPERTY TAXES
| Parcel Number | NP11700000-0T0A | Improvements Assessment | $1,722,898 |
| Land Assessment | $158,042 | Total Assessment | $1,880,940 |
PROPERTY TAXES
