News for the Hospitality Executive |
Warmbrodt Hotel Investments, Inc. Selected to Advise in the Sale of the Holiday Inn Express & Suites - Andover (Wichita), Kansas |
March 27, 2013 - Warmbrodt
Hotel
Investments, Inc. ("WHI") has been retained as the Exclusive Agent to
advise in the sale of the Holiday Inn Express & Suites - Andover,
KS.
The property represents an excellent acquisition opportunity for a
local,
regional or national owner desiring to acquire a well-performing asset
with
excellent cash-flow and opportunity for growth in Occupancy and RevPar,
at a
Gross Room Multiple (GRM) of only 3.6x.
About
Warmbrodt Hotel
Investments, Inc. The 77 room, 3-story, interior corridor property opened in 2007 and offers a heated, indoor pool and a well-equipped fitness center. It is located at 160th Street, Exit 50 off of I-35, in Andover, Kansas-the heart of East Wichita. This location has great proximity to Wichita Mid-Continent Airport, Jabara Airport, and major businesses, restaurants, and attractions. INVESTMENT HIGHLIGHTS
WHI is a growing real estate firm specializing in the disposition, acquisition, financing, and debt restructuring of hospitality related assets throughout the United States. For further information about this property and other current hotel property offerings, please contact: Herb Warmbrodt in Kansas City at (913) 381-3737, [email protected] Zane Varvel in Chicago at (312) 262-5930, [email protected] Lewis Thompson in Chicago at (312) 262-5930, [email protected] Sara Sullivan in Kansas City at (913) 381-3737, [email protected] View Our Property Listings |
Warmbrodt Hotel Investments Kansas City Office 1905 West 43rd Avenue Kansas City, Kansas 66103 913-381-3737 Chicago Office 22 W. Washington Street, Suite 1500 Chicago, IL 60202 312-262-5930 [email protected] www.whikc.com |