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2321 Troost AveKansas City, MO 64108
La Quinta Inn & Suites by Wyndham Kansas City Beacon Hill
Asset ClassHotel & Hospitality
overview of deal

Overview

HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the 93-room La Quinta Inn & Suites by Wyndham Kansas City Beacon Hill (“Hotel” or “Property”), situated at 2321 Troost Ave Kansas City, MO 64108.

 

The Property is well positioned to capitalize on its location within one of Kansas City’s most demand-rich corridors, bridging the gap between downtown and Hospital Hill. Immediate proximity to major healthcare institutions, including Children’s Mercy Kansas City and University Health Truman Medical Center, provides a consistent and highly durable source of lodging demand. This segment is complemented by nearby corporate headquarters such as Hallmark and H&R Block, which contribute steady weekday occupancy and business travel activity.

 

Operational performance has demonstrated strong and consistent growth in recent years, with occupancy steadily increasing alongside disciplined rate management. The Property has maintained stable annual room revenues exceeding $3 million, reflecting both the depth of demand in the market and the assets’ ability to capture a diverse customer base. This upward trend is supported by continued investment in the surrounding area, as well as the Property’s strategic positioning near key demand generators.

 

Looking ahead, multiple large-scale developments are expected to further enhance the Property’s performance trajectory. The expansion of Children’s Mercy Kansas City through a new patient tower will increase capacity and drive incremental visitation, while the planned downtown stadium district led by the Kansas City Royals is anticipated to introduce a new wave of entertainment-driven demand. These projects, combined with ongoing urban infill and mixed-use development, position the Property to benefit from both near-term and long-term growth.

 

With a demonstrated track record of financial performance, the asset offers meaningful upside through continued revenue and operational efficiencies. High NOI margins have been achieved with room for growth through stable occupancy and controlled expenses. As the surrounding market continues to evolve, the Property presents a compelling opportunity for investors to capitalize on increasing demand, rising rates, and long-term value appreciation within a rapidly improving urban submarket.

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Investment Highlights

  • Children’s Mercy Kansas City Expansion
  • Royals Downtown Ballpark Development
  • Hospital Hill – Premier Healthcare Hub
  • Downtown Kansas City – Corporate & Entertainment Core
  • Stable In-Place Revenue with Clear Upside Potential
  • Minimal Change-of-Ownership PIP Requirement
  • Offered Well Below Replacement Cost
  • Offered Unencumbered by Management
  • Fee Simple Interest
2321 Troost AveKansas City, MO 64108

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