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Holiday Inn Express 3007 W 18th Ave

68 Room Hotel Emporia, KS 66801 For Sale

Hotels Kansas Emporia 3007 W 18th Ave, Emporia, KS 66801

Investment Highlights

  • Strong operational upside in transitioning the asset out of institutional ownership and third-party management.
  • Property is strategically located along I-35, with average daily traffic of approximately 20,000 vehicles per day passing the hotel
  • Many local year-round attractions include the David Traylor Zoo of Emporia, Emporia Arts Center, and Historic Downtown Emporia.
  • Property is offered unencumbered by management and debt and at a significant discount to replacement cost.
  • Education demand driven by proximity to Emporia State University (3 miles) with student enrollment up 16% year over year as of fall 2024
  • Home to various sports facilities, including the Emporia Granada Theatre – host to concerts and performances

Executive Summary

Alchemy Real Estate Advisors are pleased to offer, on an exclusive basis, the opportunity to acquire fee simple interest in the 68-room Holiday Inn Express & Suites in Emporia, Kansas. The Property is offered for sale as part of an eight (8) property portfolio located across five (5) states in Illinois, Iowa, Kansas, Missouri and Oklahoma.
The 8 properties include:
Holiday Inn Express & Suites: Jacksonville, Illinois
Holiday Inn Express & Suites: Mattoon, Illinois
Holiday Inn Express & Suites: Dubuque, Iowa
Holiday Inn Express & Suites: Emporia, Kansas
Holiday Inn Express & Suites: Nevada, Missouri
Holiday Inn Express & Suites: Bethany (OKC MSA), Oklahoma
Holiday Inn Express & Suites: Chickasha (OKC MSA), Oklahoma
Hampton Inn: Chickasha (OKC MSA), Oklahoma
Property Tours
Property tours are available on Tuesday, December 17th by appointment only. Please reach out to Adam Montufar, amontufar@alchemyrea.com, to schedule.

Property Facts

Sale Type Investment Building Size 44,535 SF
Sale Conditions Auction Sale No. Rooms 68
Property Type Hospitality No. Stories 3
Property Subtype Hotel Year Built 2013
Building Class B Parking Ratio 2.04/1,000 SF
Lot Size 1.70 AC Corridor Interior
Sale Type Investment
Sale Conditions Auction Sale
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.70 AC
Building Size 44,535 SF
No. Rooms 68
No. Stories 3
Year Built 2013
Parking Ratio 2.04/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 15 $120.00 -
Guest Room 53 $107.00 -
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PROPERTY TAXES

Parcel Number 193-05-0-30-02-005.00-0 Improvements Assessment $643,903
Land Assessment $115,383 Total Assessment $759,286

PROPERTY TAXES

Parcel Number
193-05-0-30-02-005.00-0
Land Assessment
$115,383
Improvements Assessment
$643,903
Total Assessment
$759,286

zoning

Zoning Code C-3 (General Commercial District)
C-3 (General Commercial District)
(312) 576-2011

  • Listing ID: 33800795

  • Date on Market: 11/8/2024

  • Last Updated:

  • Address: 3007 W 18th Ave, Emporia, KS 66801

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Holiday Inn Express | 3007 W 18th Ave
(312) 576-2011 x

Holiday Inn Express | 3007 W 18th Ave

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Adam Montufar

(312) 576-2011

(312) 576-2011

Joseph Cuomo

(646) 425-5632

(646) 425-5632

Bennett Webster

(312) 339-3698

(312) 339-3698

Brent Clemens

(312) 402-2959

(312) 402-2959

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