Executive Summary
$400,000 PRICE REDUCTION! Now offered at less than $96K per key!
The El Dorado Holiday Inn Express & Suites property is being offered as part of a two-property portfolio along with the Holiday Inn Express & Suites in Andover. The hotels are only 25 minutes apart.
The El Dorado Holiday Inn Express & Suites, built in 2007, is a 66-key property located off of the Kansas Turnpike (I-35) approximately 25 miles from Wichita, Kansas. This well performing hotel provides consistent revenue. Additionally the Formula Blue PIP was completed in 2021.
The location is convenient to all of El Dorado’s local demand generators which include El Dorado Lake & State Park, El Dorado Civic Center, Butler Community College (enrollment of 6500 students), Frontier Refinery, ONEOK, Chicago Bridge and Iron and Susan B. Allen Hospital.
As part of the Wichita Metro Area (population 650,000) El Dorado also boasts quick access to Wichita’s robust corporate, recreational and educational demand. These include Wichita State University, Dwight D. Eisenhower National Airport, McConnell Air Force Base, Spirit Aerosystems, Textron Aviation, Koch Industries as well as numerous local, state and federal offices.
If you are interested in this opportunity to secure a premier flag in a growing metro area for well below replacement cost, call or email for additional details.
The link to the Holiday Inn Express Andover executive summary is: https://www.leisurerealestate.com/property/holiday-inn-express-suites-andover-kansas/
