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Investment Highlights

  • Fee simple ownership of a Holiday Inn Express opened in 2021.
  • Combined portfolio generates nearly $1.9 million in net operating income.
  • Benefits from Community Improvement District reimbursement incentives.
  • Offered with the adjacent Comfort Inn & Suites as a 148-key portfolio.
  • Located near Interstate 70 with consistent transient travel demand.
  • Partial real estate tax abatements remain in place through December 2030.

Executive Summary

Holiday Inn Express & Suites Goodland is being offered as part of a 148-key hospitality portfolio that also includes the adjacent Comfort Inn & Suites. The offering provides investors with fee simple ownership of a recently developed hotel asset that opened in 2021 and has demonstrated strong operating performance within the western Kansas lodging market. Combined portfolio operations have produced nearly $1.9 million in net operating income based on trailing twelve-month performance through June 2026, with revenue growth reported across both hotels during 2026.
Located immediately off Interstate 70 in Goodland, Kansas, the property benefits from a consistent mix of transient highway travelers, commercial transportation activity, energy-sector demand, and agribusiness-related visitation. Goodland serves as a recognized stopover point for travelers moving between Colorado and points east, while its proximity to the Denver metropolitan area expands its regional draw. The portfolio also benefits from walk-in traffic and additional traveler demand associated with onsite electric vehicle charging infrastructure at the adjacent hotel property.
The Holiday Inn Express features the latest brand prototype design and has experienced strong revenue and RevPAR performance since opening. The relatively recent construction of both portfolio assets may help reduce near-term capital expenditure requirements compared with older hospitality properties. Additional value is supported by existing tax-related incentives, including a Community Improvement District reimbursement applicable to the Holiday Inn Express and partial real estate tax abatements currently benefiting both hotels through December 2030.
The portfolio is offered at $16,400,000 and represents an opportunity to acquire two operating hospitality assets with established performance, recent construction or renovation history, and demonstrated revenue growth within a stable interstate-oriented lodging market.

Attachments

Portfolio Flyer

Property Facts

Price $22,882,921 CAD
Price / SF $239.84 CAD / SF
Cap Rate 11.59%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 1
Total Building Size 95,410 SF
Total Land Area 8.60 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Holiday Inn Express & Suites Goodland I-70
2725 Enterprise Rd, Goodland, KS 67735
Hospitality 50,602 SF 2021 -
Comfort Inn & Suites Goodland
2631 Enterprise Rd, Goodland, KS 67735
Hospitality 44,808 SF 2007 $8,232,270 CAD
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  • Listing ID: 41597369

  • Date on Market: 2026-08-07

  • Last Updated:

  • Address: HOLIDAY INN EXPRESS & SUITES GOODLAND KS, Goodland, KS

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