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Hospitality
$﹡﹡﹡﹡﹡(Call for Pricing)
1949 N 9th St
Salina, KS 67401-8617
- 57 Beds
- 1.27 Lot Size
- 2019 Year Built
Reco Real Estate Advisors is pleased to present the Comfort Inn & Suites Salina North, a 57-room, Choice Hotels-flagged asset in Salina, Kansas — the regional trade center of north-central Kansas. Situated along the I-70 Corridor at the strategic junction of Interstate 70 and Interstate 135, the property offers a compelling value-add investment opportunity in a supply-protected market with proven demand fundamentals and meaningful upside for an engaged buyer.
Salina's demand base is anchored by Salina Regional Health Center, a 393-bed, Level III Trauma Center employing over 2,300 healthcare professionals approximately 2 miles from the property. Additional demand drivers include Kansas State University's Salina Aerospace and Technology Campus (approximately 1,000 students), Kansas Wesleyan University, Great Plains Manufacturing, and Schwan Food Company's Tony's Pizza production facility. The property's location at the I-70/I-135 junction captures consistent transient demand from the only major interstate crossroads between Wichita and the Nebraska border.
The property features 57 rooms across 3 stories with interior corridors, 35,256 square feet of gross building area on 1.27 acres, and 65 surface parking spaces (1.14 per room). Amenities include an outdoor pool, business center, fitness center, complimentary high-speed internet, and public-access WiFi. The 57-room format is ideally sized for an owner-operator seeking a manageable, hands-on asset with the support of the Comfort Inn brand and Choice Hotels' national distribution platform.
The I-70 Corridor submarket has experienced net contraction of over 260 rooms since 2021, with zero midscale or economy construction in the pipeline. Current 12-month submarket metrics reflect 52.9% occupancy, $103 ADR, and $55 RevPAR, all trending positive year over year. An active buyer positioned to invest in the physical product has meaningful upside to close the ADR gap with the Upper Midscale comp set, which currently achieves $127 ADR — representing a substantial rate optimization opportunity. For more information or to request the Offering Memorandum, please contact
Salina's demand base is anchored by Salina Regional Health Center, a 393-bed, Level III Trauma Center employing over 2,300 healthcare professionals approximately 2 miles from the property. Additional demand drivers include Kansas State University's Salina Aerospace and Technology Campus (approximately 1,000 students), Kansas Wesleyan University, Great Plains Manufacturing, and Schwan Food Company's Tony's Pizza production facility. The property's location at the I-70/I-135 junction captures consistent transient demand from the only major interstate crossroads between Wichita and the Nebraska border.
The property features 57 rooms across 3 stories with interior corridors, 35,256 square feet of gross building area on 1.27 acres, and 65 surface parking spaces (1.14 per room). Amenities include an outdoor pool, business center, fitness center, complimentary high-speed internet, and public-access WiFi. The 57-room format is ideally sized for an owner-operator seeking a manageable, hands-on asset with the support of the Comfort Inn brand and Choice Hotels' national distribution platform.
The I-70 Corridor submarket has experienced net contraction of over 260 rooms since 2021, with zero midscale or economy construction in the pipeline. Current 12-month submarket metrics reflect 52.9% occupancy, $103 ADR, and $55 RevPAR, all trending positive year over year. An active buyer positioned to invest in the physical product has meaningful upside to close the ADR gap with the Upper Midscale comp set, which currently achieves $127 ADR — representing a substantial rate optimization opportunity. For more information or to request the Offering Memorandum, please contact
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Listed by Nihar Patel of Reco Real Estate Advisors
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INVESTMENT SUMMARY
The Comfort Inn & Suites Salina North is a 57-room, Choice Hotels-flagged hotel located at the junction of Interstate 70 and Interstate 135 in Salina, Kansas — the primary economic hub of north-central Kansas. The property serves a diversified demand base anchored by Salina Regional Health Center (393 beds, 2,300+ employees), Kansas State University's Salina campus, and major manufacturers including Great Plains Manufacturing and Schwan Food Company. This offering presents a clear value-add path for an active buyer: invest in the physical product, optimize rate management to narrow the $24 ADR gap with the Upper Midscale comp set, and leverage owner-operator economics in a market that has shed over 260 rooms since 2021 with zero midscale or economy construction in the pipeline.
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PROPERTY DETAIL
Key Details
Property Type Hospitality
Listing Status Active
Purchase Type For Sale
Bedrooms 57
Year Built 2019
Lot Size 1.274 Acres
Location
State KS
County Saline
CONTACT

Nihar Patel
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