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Tru by Hilton Lawrence 510 Wakarusa Dr 82 Room Hotel Lawrence, KS 66049 $7,500,000 ($91,463/Room) 8.58% Cap Rate
Investment Highlights
- University Town with Large Student Population
- High performing Hospitality asset.
- Significant incplace cash flow.
- Tru by Hilton's premier location offers a rare opportunity to buy in rapidly growing market.
- Price well below replacement cost.
Executive Summary
BSG Hotels Limited, exclusively retained by Seller, is pleased to offer for sale Tru By Hilton , a Hospitality property conveniently located in university town of Lawrence ,
Kansas. Tru By Hilton is a mid-scale brand that was launched in 2016 by Hilton. This is a excellent opportunity to become a new Hilton franchisee or grow your an
existing relationship with Hilton. Discover an exceptional investment opportunity with the impressive 38,094 sq feet property with 82 well built rooms. Equipped with
modern amenities and thoughtfully designed spaces, this Hotel attracts leisure and business travelers to University town of Lawrence, where University of Kansas -KU is
located.
Hotel is in close proximity of Kansas City, Kanas and located in West Lawrence, two miles from Rock Chalk Park, and four miles from the University of Kansas. Theatre
Lawrence, beautiful Clinton Lake, and popular Massachusetts Street are all nearby.
Broker of Record: Richard E. Queen, Jr. NewGen Advisory KS, LLC License No: BR00232332
Kansas. Tru By Hilton is a mid-scale brand that was launched in 2016 by Hilton. This is a excellent opportunity to become a new Hilton franchisee or grow your an
existing relationship with Hilton. Discover an exceptional investment opportunity with the impressive 38,094 sq feet property with 82 well built rooms. Equipped with
modern amenities and thoughtfully designed spaces, this Hotel attracts leisure and business travelers to University town of Lawrence, where University of Kansas -KU is
located.
Hotel is in close proximity of Kansas City, Kanas and located in West Lawrence, two miles from Rock Chalk Park, and four miles from the University of Kansas. Theatre
Lawrence, beautiful Clinton Lake, and popular Massachusetts Street are all nearby.
Broker of Record: Richard E. Queen, Jr. NewGen Advisory KS, LLC License No: BR00232332
Data Room Click Here to Access
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $7,500,000 | Lot Size | 2.10 AC |
| Price Per Room | $91,463 | Building Size | 38,094 SF |
| Sale Type | Investment | No. Rooms | 82 |
| Cap Rate | 8.58% | No. Stories | 4 |
| Sale Condition | High Vacancy Property | Year Built | 2018 |
| Property Type | Hospitality | Parking Ratio | 3.18/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | B | ||
| Zoning | Hotel/Motel - Hotel/Motel | ||
| Price | $7,500,000 |
| Price Per Room | $91,463 |
| Sale Type | Investment |
| Cap Rate | 8.58% |
| Sale Condition | High Vacancy Property |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.10 AC |
| Building Size | 38,094 SF |
| No. Rooms | 82 |
| No. Stories | 4 |
| Year Built | 2018 |
| Parking Ratio | 3.18/1,000 SF |
| Corridor | Interior |
| Zoning | Hotel/Motel - Hotel/Motel |
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 82 | $137.00 | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 023-068-28-0-40-04-001.00-0 | Improvements Assessment | $1,171,790 (2025) |
| Land Assessment | $268,343 (2025) | Total Assessment | $1,440,133 (2025) |
Property Taxes
Parcel Number
023-068-28-0-40-04-001.00-0
Land Assessment
$268,343 (2025)
Improvements Assessment
$1,171,790 (2025)
Total Assessment
$1,440,133 (2025)
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Presented by
BSG Hotels Limited
Tru by Hilton Lawrence | 510 Wakarusa Dr
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