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$﹡﹡﹡﹡﹡(Call for Pricing)
Est. payment /mo
106 Beds
49,290 SqFt
UPDATED:
Key Details
Property Type Hospitality
Listing Status Active
Purchase Type For Sale
Square Footage 49,290 sqft
Bedrooms 106
Lot Size 1.855 Acres
Property Description
La Quinta Inn & Suites by Wyndham | Kansas City Lenexa
Presenting a rare opportunity to acquire a 106-room La Quinta Inn & Suites by Wyndham in Lenexa, Kansas — positioned in the heart of Johnson County, one of the Kansas City metro's most economically strong and consistently performing suburban markets.
Lenexa is not a secondary market. It is home to the U.S. EPA Region 7 Federal Headquarters, a dense cluster of over 40 life sciences companies including Thermo Fisher Scientific, Quest Diagnostics, and MilliporeSigma, Kiewit Power Constructors' regional headquarters, the FDA Kansas City Laboratory, and major logistics operations from Amazon and UPS — a corporate and government demand base that drives hotel occupancy 365 days a year regardless of season.
The Lenexa & Overland Park submarket is running at 66% occupancy with an ADR of $120 and RevPAR of $79 on a trailing 12-month basis. ADR is up 3.5% year-over-year. The upper midscale segment where this property competes is recording $130 ADR — demonstrating strong rate integrity and consistent pricing power in this corridor.
The property operates under the La Quinta by Wyndham flag — an established upper midscale brand with broad corporate and leisure appeal — on 1.85 acres with 92 parking spaces, an outdoor pool, business center, and patio amenities. Johnson County's median household income exceeds $90,000, the county ranks among the top nationally for economic resilience, and over $2.26 billion in development investment has flowed into Lenexa alone between 2020 and 2024.
Presenting a rare opportunity to acquire a 106-room La Quinta Inn & Suites by Wyndham in Lenexa, Kansas — positioned in the heart of Johnson County, one of the Kansas City metro's most economically strong and consistently performing suburban markets.
Lenexa is not a secondary market. It is home to the U.S. EPA Region 7 Federal Headquarters, a dense cluster of over 40 life sciences companies including Thermo Fisher Scientific, Quest Diagnostics, and MilliporeSigma, Kiewit Power Constructors' regional headquarters, the FDA Kansas City Laboratory, and major logistics operations from Amazon and UPS — a corporate and government demand base that drives hotel occupancy 365 days a year regardless of season.
The Lenexa & Overland Park submarket is running at 66% occupancy with an ADR of $120 and RevPAR of $79 on a trailing 12-month basis. ADR is up 3.5% year-over-year. The upper midscale segment where this property competes is recording $130 ADR — demonstrating strong rate integrity and consistent pricing power in this corridor.
The property operates under the La Quinta by Wyndham flag — an established upper midscale brand with broad corporate and leisure appeal — on 1.85 acres with 92 parking spaces, an outdoor pool, business center, and patio amenities. Johnson County's median household income exceeds $90,000, the county ranks among the top nationally for economic resilience, and over $2.26 billion in development investment has flowed into Lenexa alone between 2020 and 2024.
Location
State KS
County Johnson
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Listed by Dharam Chaudhari • Reco Real Estate Advisors | KW Realty Partners
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Dharam Chaudhari
FOUNDER | CEO | License ID: Licensed in KS,MO,IA,NE
FOUNDER | CEO License ID: Licensed in KS,MO,IA,NE