TAKE ADVANTAGE OF THE OWNER'S RETIREMENT

This 73 key Comfort Inn & Suites, located in Goodland KS, benefits from its ideal Interstate 70 location, just 3 hours east of metro Denver.  As one would expect, not only does the hotel benefit from a premium brand, but also extensive walk-in traffic from I-70.   The hotel was converted to a Comfort Inn & Suites in 2022, and the revenue has ramped up nicely, and has competed quite well with the opening of the new Holiday Inn Express (2022, and also offered for sale).  This has been a one owner property since it was built, and it is the first time to market.

Goodland KS is a vibrant rural community in western KS, with 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 not wishing to stay in a metro area, including those wishing to seek the easy and convenient access of a rural market.  In addition, additional stopover opportunities are created by a bank of onsite EV charging stationsThe Inn & Suites version of the Comfort Inn brand is considered a step above a standard Comfort Inn, and one will see why with a site visit.  Given the conversion date of 2022, one would expect a minimal refresh PIP for the ownership transfer, which means that a new owner can step into cashflow without significant Capex cost, and the inconvenience and downtime of a major PIP.   A site visit will show a property that is well managed and well maintained.

The Comfort can also be purchased alone, or as a portfolio, along

with the adjacent Holiday Inn Express (75 keys, opened 2021). To view the portfolio deal page, click here:

https://platform.reverecre.com/project/87a98738-ee97-4326-b638-d36ba2abe15e