NEW PRICE, NEW STRUCTURE OFFERED:  The Express has a CID (Community Improvement District) (a 2% sales tax reimbursement) with about 17 years remaining.  The Owner will now sell the Express at a discount and retain the CID revenue, and for a reduced price of $9,200,000. (See the OM Financial Profile or the Express P&Ls for the annual CID revenue).  The new price of the Comfort Inn & Suites is now $5,750,000.  The properties can also sell individually.

(See new pricing summary below.)

Holiday Inn Express & Suites (75 keys), Seller retains CID:  $9,200,000

Comfort Inn & Suites (73 keys): $5,750,000

Portfolio (148 total keys), Seller retains CID: $14,950,000                               

See OM Financial Profile (p15) or the Express P&Ls for annual CID revenue and impact on NOI.

Buy either hotel individually or control the market with a portfolio purchase.

The Holiday Inn Express opened in 2021 and Comfort Inn & Suites (a former Holiday Inn Express) was built in 2007 and converted in 2022.  Both hotels have ramped up nicely, especially noting the Comfort, when one considers the opening and impact of the Express.   Goodland has proved to be an overlooked and surprising revenue gem, in that the Express demonstrates exceptional topline income and net operating income with both hotels showing revenue increases for 2026.  The hotels are offered as a package, or either hotel can be purchased individually.   Given the newness of both properties, the expected PIPs should be minimal.  The deal page and document vaults for both properties are shown in the individual Data Rooms.

Both hotels benefit from partial RE tax abement through 2030. The Express property also benefits from a 22 year, 2% community improvement district (CID), which will be retained by the Seller in order to offer the discounteded price.

Goodland KS is a rural community in western KS, with a surprising and stable demand from transient I-70 travel, long haul trucking, and a strong energy and agribusiness base.   Only 3 hours from the metro Denver area, it is considered a great stopover point for those wishing to not stay in a metro area, including those seeking the easy and convenient access of a rural market.  In addition, additional stopover opportunities are created by a bank of onsite EV charging stations (Comfort Inn site).  Both hotels experience a high level of walk-in traffic.