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- LoopNet Team
2309 Iowa St
Lawrence, KS 66046
Quality Inn & Suites Lawrence - University · Hospitality Property For Sale
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23,070 SF
INVESTMENT HIGHLIGHTS
- The Quality Inn features 99 well-maintained rooms located at Lawrence's busiest intersection.
- Ideal for owner-operators to boost returns by optimizing operations and cutting costs.
- Constant university events ensure a steady flow of visitors throughout the year.
- It offers high visibility and easy access as it's situated on the university campus.
- The hotel is surrounded by a mix of local and franchise businesses and restaurants.
- Its close proximity to Kansas City makes it ideal for both professional and leisure guests.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1959/2012 |
| Building Class | C | Tenancy | Single |
| Lot Size | 2.80 AC | Parking Ratio | 8.67/1,000 SF |
| Building Size | 23,070 SF | Corridor | Interior |
| Zoning | C-5 - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.80 AC |
| Building Size | 23,070 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1959/2012 |
| Tenancy | Single |
| Parking Ratio | 8.67/1,000 SF |
| Corridor | Interior |
| Zoning | C-5 - Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- On-Site Retail
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
ABOUT 2309 IOWA ST , LAWRENCE, KS 66046
Hotel Features: The Quality Inn features 99 well-maintained rooms, showcasing consistent strong revenue performance, appealing to both investors and hotel operators. Prime Location: Situated at the busiest intersection in Lawrence and on the university campus, the hotel benefits from high visibility and easy accessibility. Local Business Ecosystem: Surrounded by a mix of local and franchise businesses and restaurants, the hotel is positioned in a vibrant commercial area, enhancing its appeal to guests seeking convenience and variety. University Proximity: The hotel's location on the university campus is a significant advantage. The university hosts numerous events throughout the year, ensuring a constant flow of travelers and visitors. This contributes to sustained business for the hotel across all seasons. Strategic Position in Lawrence: Located in one of the top 10 most populous cities in Kansas, Lawrence is home to key institutions like the University of Kansas and Lawrence Memorial Hospital, driving steady visitor traffic. Near Kansas City: Only 30 minutes from Kansas City, a major economic hub. The proximity to several Fortune 500 companies and Kansas City International Airport (MCI) draws a professional and leisure crowd, expanding the guest base. Investor Appeal: Perfect for owner-operators aiming to take an active role in management; by optimizing operations and reducing expenses, they can significantly increase their returns. *Please do not disturb the employees or visit the property without scheduling a tour through the broker.* Please contact Reco Real Estate Advisors to Schedule a tour.
PROPERTY TAXES
| Parcel Number | 023-111-11-0-10-01-002.00-0 | Improvements Assessment | $654,223 |
| Land Assessment | $340,458 | Total Assessment | $994,681 |
PROPERTY TAXES
