8101 N Church Rd #Auction - Register for bid on Ten-X Active

Kansas City,MO 64158-1102

$ 0

99 Beds

0 Bath

50000 SqFt


Key Details

Property Type Hospitality

Listing Status Active

Purchase Type For Sale

Square Footage 50,000 sqft

Bedrooms 99

Year Built 1991

Lot Size 3.690 Acres

Property Description

Reco Real Estate Advisors is pleased to offer the Fairfield Inn & Suites Kansas City Liberty for fee-simple interest. The 99-key hotel is ideally located less than a mile from Interstate 35 and proximate to several commercial and leisure demand generators. Fairfield Inn & Suites is within a short distance of Ameristar Casino, Harrah's Casino, Worlds & Oceans of Fun Theme Parks, Ford Plant, Ferrell Gas, Grainger Center, Cerner Corporation, William Jewell College, North Kansas City Hospital, Chiefs at Arrowhead Stadium, Kauffman Stadium, and Kansas City International Airport. The centrally located Fairfield Inn & Suites boasts superior customer service and top-quality amenities, including a complimentary breakfast, a fitness center, an indoor pool, a business center, guest laundry, a sundry shop, free high-speed internet, and a meeting room.

The property may be reflagged from Fairfield Inn to City Express by Marriott. Reflagging would transpire in approximately three years. PIP would be from City Express ($15,000 to $20,000 per key). Before reflagging, the property's exterior has already been aligned with City Express specifications, with $250,000 to $300,000 invested since 2023 towards upgrades and maintenance.

Kansas City, the 37th most populous city in the United States, is a thriving cultural and economic center in the heart of the Midwest. As the largest city in Missouri, Kansas City benefits from a diverse economic base. The federal, state, and city governments serve as one of the area's largest employment sectors. Furthermore, the city has seven Fortune 1000 company headquarters, five located within the downtown core, including H&R Block, DST Systems, Great Plains Incorporated, and Kansas City Southern. Kansas City is also a major center for manufacturing, automotive, agri-business, and transportation companies.

The Kansas City hospitality market saw a 12-month RevPAR increase of 2.7%. ADR increased modestly by 0.7%, while occupancy improved by 4%, driven by more vigorous monthly conference activity. Conventions and conferences also contribute to the city's demand dynamics, utilizing venues like the Kansas City Convention Group (a 20-minute drive from the subject property). Additionally, the city's selection as a host city for the 2026 FIFA World Cup has spurred further infrastructure investments and hotel developments in anticipation of increased international visitors.

This opportunity represents a unique value-add opportunity within a centrally located submarket in Kansas City. The hotel is offered unencumbered of management, giving a new owner the flexibility to implement a manager and revenue management strategy of their choosing to drive stronger performance.

Property tours are available by appointment only. Please contact the broker to schedule.

Location

State MO

County Clay

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