News for the Hospitality Executive
Suburban Extended Stay Hotel - Located in Lenexa, Kansas
August 9, 2010 - Warmbrodt Hotel Investments, Inc. ("WHI") has been retained as the Exclusive Agent to advise in the sale of the Suburban Extended Stay Hotel located in Lenexa, Kansas; a southwest suburb of the greater Kansas City metropolitan area.
The property has excellent visibility and access from Interstate 435 and Lackman Road. The location is proximate to a large concentration of demand generators including, Kiewit Power Engineers Co., Alliance Data Systems, National Envelope Corporation, Williams Foods, Interstate Brands Corporation, Applebee's, University of Kansas Edwards Campus, AT&T Communications and Sprint Nextel Corporation.
The 118-suite, four story, interior corridor hotel opened in March 2009 and offers double and single suites with kitchens containing refrigerator, two burner cook tops, microwave, granite counter tops and dinnerware: granite counter tops in bathrooms, 27 inch HD flat screen televisions, wireless internet, pillow top mattresses , motion controlled PTAC units, guest laundry facility and business center. The property offers code compliant safety equipment including sprinklers, smoke detectors, emergency lighting and fire panel.
The property represents an excellent opportunity for a local, regional or national owner/operator to acquire a well located and new asset significantly below replacement cost; instigate an aggressive marketing and cost control program; and continue to increase market penetration and cash flow. The property has increased RevPar penetration by 160% since opening.
WHI is a Kansas City based hotel real estate firm specializing in the disposition, acquisition, financing, and debt restructuring of hospitality related assets throughout the United States.
Contact us directly at 913-381-3737 or visit our website www.whikc.com to learn how our years of experience and specialized services can help meet the needs of your business goals.
HOTEL REAL ESTATE
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|CALL FOR OFFERS - Value Place Nellis Air Force Base - Las Vegas, Nevada / April 2010|
|Warmbrodt Hotel Investments Selected to Advise in the Sale of the Red Roof Inn Chicago-Lansing, Illinois / April 2010|
|Warmbrodt Hotel Investments Selected to Advise in the Sale of the Value Place - Nellis Air Force Base Located in Las Vegas, Nevada / April 2010|
|Warmbrodt Hotel Investments Advises in the Sale and Debt Placement of the Holiday Inn Express - Salina, Kansas/ March 2010|
|Warmbrodt Hotel Investments - WHI Selected to Advise in the Sale of the Ramada Stevens Point Located in Stevens Point, Wisconsin / October 2009|
|Warmbrodt Hotel Investments - WHI Selected to Advise in the Sale of the American Inn located in Greater Kansas City / October 2009|
|Warmbrodt Hotel Investments - WHI Selected to Advise in the Sale of the Cambridge Suites located in Wichita, Kansas / September 2009|