Economy Hotel - Wichita - Florence

Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Economy Hotel Wichita - I-235 with 40 rooms. The Property is being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire a Property with existing in-place cash flow. The Property is located in the Wichita, Kansas Market. The Property can be purchased as part of the Economy Hotel National Portfolio or can be purchased individually.

INDEPENDENT ECONOMY HOTEL WICHITA

The Property is an independently branded economy hotel in Wichita, Kansas.

UNENCUMBERED OF DEBT & MANAGEMENT

The Property is being offered fully unencumbered of existing management or debt, allowing for a new owner to come in with fresh capital and an opportunity to retool the property-level operations.

DISCOUNT TO REPLACEMENT COST

Over the last several years as the economy has continued to grow, both labor and materials have reached all-time peaks leading to soaring construction costs for new build projects. Conversely, this Property is being offered at a substantial discount compared to the price to replicate the same assets today, offering a new investor immediate value from day one.