La Quinta Inn & Suites by Wyndham Salina 201 E Diamond Dr 89 Pièce Hôtel Salina, KS 67401 5 481 247 $ CAD (61 587 $ CAD/Pièce)

This offering represents an upper mid-market brand at less than $45,000 per key, at a price point to accommodate the expected PIP.  The revenue is rebounding, and YTD 2025 is up over $160K and is now offered at 3X is TTM revenue.  This hotel operates significantly below its compset in all three STR metrics, which certainly indicates post-renovation upside.  One should expect upside with new onsite management and the completion of the PIP.
89 keys
Built 1999
Well priced to sell at less than $45K per key
Rebounding revenue, up 160K YTD
To complete an electronic CA, please use the following link to the Executive Summary, scroll down to BUYER CA, and submit the CA.
https://www.leisurerealestate.com/property/la-quinta-inn-suites-i-70-salina/
New 15 year La Quinta license is available, subject to PIP
Additional top tier flags are possible, Garner (IHG) and Spark (Hilton)
Significantly underperforms the market in all three key metrics, indicating post-renovation upside
I-70 location with limited competition and one mile from the junction of I-135
2 major travel plazas at the same exit
3 Floors
Indoor Pool
Fitness Center
Meeting Room