Economy Hotel Portfolio - Wichita
Two Properties | Wichita, Kansas
Portfolio Overview
Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Economy Hotel Portfolio - Wichita totaling 140 rooms. The Properties are being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire a regionally concentrated Property with existing in-place cash flow. The Property is located in the Wichita, Kansas Market.
The properties in the portfolio are currently providing strong existing cash flow with ample room to grow at all properties. A new owner will have the opportunity to further drive revenue through a variety of strategies.
Portfolio Highlights
Two properties totaling 140 guestrooms
Independently branded economy hotels
Sold unencumbered of debt & management
Discount to replacement cost
In-place cash flow
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