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SONESTA SELECT KANSAS CITY AIRPORT TIFFANY SPRINGS 

 

Virtual Deal Room

 


OPPORTUNITY OVERVIEW

HREC Investment Advisors is pleased to offer for sale the fee simple interest in
the 149-room Sonesta Select - Kansas City Airport Tiffany Springs (herein
referred to as the “Property” or “Hotel”), located in Kansas City, Missouri. The
Hotel is being offered unencumbered of management and encumbered of brand, with
a buyer entering into a new long-term franchise agreement with Sonesta.
 
The Hotel is located directly off Interstate 29, providing convenient access to
Kansas City International Airport, which is approximately five miles away from
the Hotel, as well as downtown Kansas City. Originally constructed in 1990, the
Property underwent conversion to a Sonesta Select in 2021. The Hotel is
surrounded by various businesses in Kansas City’s northern suburbs, including
the National Weather Service Training Center, Aviation Technical Services,
fulfillment centers for CVS Health and Cencora, a data center for Mastercard,
and two major automotive assembly plants. Furthermore, Fort Leavenworth, the
third-oldest active military installation in the United States, is located
across the river in Kansas. For leisure travelers, the Hotel is a short drive
away from the Kansas City Expo Center, five premier casinos, two youth sports
complexes, the T-Mobile Center, and the National World War I Museum and
Memorial.
 
The three-story Sonesta Select features interior corridors and provides
select-service amenities, including an airport shuttle, ±1,240 square feet of
meeting space, a casual-dining restaurant for breakfast and dinner as well as
hand-made coffees and alcoholic beverages,  fitness center, indoor pool, and
laundry facilities. Each room is well-equipped with a desk, ergonomic chair,
coffee maker, and complimentary Wi-Fi. The affiliation with Travel Pass by
Sonesta provides additional benefits in expanding demand channels for bookings.

The Sonesta Select – Kansas City Airport Tiffany Springs presents an attractive,
value-add investment opportunity for a potential investor to increase RevPAR
penetration, attracting more group business, and capitalizing on the
advantageous location. This location provides convenient access to a major
airport, multiple corporate offices, downtown Kansas City, and the broader
Kansas City area.

Virtual Deal Room

 


INVESTMENT HIGHLIGHTS


 * Close Proximity to the Newly Renovated Kansas City International Airport
 * Easily Accessible Location off Interstate 29
 * Significant RevPAR Penetration Upside
 * Offered at Pricing Well-Below Replacement Cost
 * Offered Unencumbered by Management
 * Fee Simple Interest

 

Contact Information

Herb Warmbrodt
Principal
hwambrodt@hrec.com
(505) 490-7000
MO Broker License #1999020377

Monty Levy
Managing Director
mlevy@hrec.com
(404) 660-6005

Please DO NOT contact the staff, management, or ownership of the Properties to
request additional information or to arrange a site tour.

For more information on this investment opportunity, please execute the
confidentiality agreement, or contact an HREC IA representative. Hotel
information will be provided subject to Seller and HREC discretionary approval.
Execution of the CA does not create any form or type of agreement or
relationship.
 
Copyright © 2024 HREC IA, All rights reserved

DISCLAIMER: Revere CRE Inc. is not a registered securities dealer or broker,
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whatsoever. All due diligence is the responsibility of the correspondent. Revere
CRE Inc. is not responsible for any third-party costs and makes no warranties or
representations as to any transaction, buyer, seller, borrower, or lender.
Revere CRE Inc. also accepts no responsibility or liability for any fees paid to
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offer to buy or sell securities nor is it a solicitation to lend. Providing your
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approved for service of any kind. Revere CRE Inc. and its employees are not
agents, representatives or contracted brokers of any lender and will not charge
you any upfront fees for any such service.

 

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