For Sale
$5,000,000

7611 97Th TerKansas City, MO 64153

Profitable, renovated hotel near KCI

Overview

Added:
Dec 11, 2024
Days on market:
118
This fee-simple, 104-room Sleep Inn, a Choice Hotels brand, presents a compelling investment opportunity in Kansas City, Missouri. The hotel, located at 7611 NW 97th Terrace, Platte County, zip code 64153, underwent a complete renovation in 2023. Boasting a three-story, interior corridor design, this 3.35-acre property features 104 non-smoking guest rooms. Its prime location, just five miles from the Kansas City International Airport (KCI), a major transportation hub serving over 11.5 million annual passengers, ensures consistent occupancy. The hotel benefits from proximity to significant employers including Honeywell, Cerner, and Saint Luke's Health System, attracting both business and leisure travelers. Built in 1997, the property is zoned GP-2 and offers significant potential for future revenue per available room (RevPAR) growth following its recent modernization. The asking price for this stabilized investment is $5,000,000.

Highlights

  • $5,000,000 asking price for a stabilized hospitality investment.
  • 104-room, non-smoking Sleep Inn franchised by Choice Hotels.
  • Recently renovated three-story, interior corridor hotel built in 1997 (renovated 2023).
  • Located five miles from Kansas City International Airport.
  • Excellent location near major employers including Honeywell, Cerner, and Saint Luke's Health System.

Property Details for 7611 97Th Ter

Property type
Hospitality properties, Motels
Year Built/Renovated
1997/2023
Buildings
1
Stories
3
Lot Size (sq. ft)
145,926 SF

Location Insight

City
Kansas City
County
Platte
State
Missouri
Latitude
39.270450891316
Longitude
-94.669114479933
7611 97Th Ter, Kansas City, Missouri

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7611 97Th Ter
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