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Investment Highlights

  • 72 Non-smoking Guestrooms
  • IHG Family of Brands
  • Four-Story, Interior Corridor
  • Development Land Option

Executive Summary

This offering presents an excellent opportunity for buyers seeking a stabilized, fully renovated hotel with a strong and growing revenue stream. The property is a proven performer in a market with continued expansion and no new supply on the horizon.
The seller, the original developer, offers a long operating history and in-depth knowledge of the hotel’s construction and maintenance. With upgraded mechanical systems and HVAC, the property is well-maintained and in excellent condition.
A new 15-year Holiday Inn Express franchise is expected, with minimal PIP requirements due to the hotel's strong condition.
Key Highlights:
Strong Market Fundamentals – Expanding market with no anticipated new supply.
Stable & Growing Revenue – Well-established performance with a long operating history.
Turnkey Asset – Fully renovated with upgraded systems.
Franchise Strength – New 15-year Holiday Inn Express agreement with nominal PIP.
Confidential Sale – Please no unannounced tours, as staff is not aware of the transaction.
Additionally, an adjacent parcel is available for purchase with or without the hotel. Zoned C-2, it offers flexible development opportunities, including potential for midscale extended-stay brands from Hilton, Marriott, IHG, or Hyatt. The parcel is priced at $1mm for 2+ acres of land.

Data Room Click Here to Access

Property Facts Under Contract

Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.74 AC
Building Size 21,940 SF
No. Rooms 72
No. Stories 4
Year Built/Renovated 2008/2020
Tenancy Single
Parking Ratio 3.51/1,000 SF
Corridor Interior
Zoning H - Hotel/Motel Use

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 19 $183.67 CAD -
Guest Room 53 $180.95 CAD -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 64-730-10-02-00-0-00-000
  • 64-730-10-01-00-0-00-000
Land Assessment
$447,200 CAD
Improvements Assessment
$1,952,139 CAD
Total Assessment
$2,399,338 CAD
  • Listing ID: 35282461

  • Date on Market: 2025-03-27

  • Last Updated:

  • Address: 12801 S 71 Hwy, Grandview, MO 64030

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