Auction: Sept 23-25 - Former Days Inn Emporia
The Former Days Inn Emporia is a select-service hotel located at 3032 W US Hwy 50 in Emporia, Kansas. This former Days Inn is a highly visible hospitality asset offered free and clear of both brand & management. The Property offers investors with tremendous value enhancement opportunities with a PIP for conversion to a Travelodge.
Positioned on a ±0.95 acres, this hotel property contains a 39-key, two-story, exterior corridor, ±15,295 SF building. Built in 1964 and renovated in 1984, the Hotel has a lobby, reception and breakfast area, business center, an indoor pool, and whirlpool. The Property has a variety of different lodging options for travelers including ±39, 400 SF guestrooms offering both king and queen bed configurations. Guestrooms include flat-screen television, work desk, microwave, mini-refrigerator, large chair, and Jacuzzi in select suites. There are 40 surface parking spaces are available (1.0 per Room).
The Property, located on US-50 off Interstate 35’s convergence with Interstate 335, is ±2.5 miles from downtown Emporia. The Property is located near area demand generators such as the Emporia Granada Theater, Emporia State University, and Flinthills Mall which offers shopping and dining opportunities. Pet food manufacturers in Emporia include Hill’s Pet Nutrition, Simmons Pet Food, and Cargill Animal Nutrition. Other businesses nearby are Tyson Fresh Meats, Bunge Oilseed Processing, and Hopkins Manufacturing Corporation. Additionally, the greater area includes Topeka is ±60 miles northeast and Wichita which is ±85 miles southwest of Emporia, Kansas. The Property’s 2019 demographics show approximately ±25,940 individuals residing within a five-mile radius of the property and an average household income of ±$51,665. In 2019, the total estimated specified consumer spending within a 5-mile radius of the Property accounts for ±$209,583,000 and there are ±1,297 businesses and ±14,077 employees.
The Former Days Inn Emporia offers investors the opportunity to purchase a hospitality asset with no brand affiliation and significant upside potential offered below replacement cost.
- 39-key, two-story, exterior corridor, ±15,295 SF former Days Inn on ±0.95 AC parcel
- REO asset offered free and clear of both brand affiliation and management
- PIP for conversion to Travelodge
- Guestroom configuration includes 10 kings, 22 double queens, 1 single queen, and 1 suite
- Significant value enhancement via rebranding/conversion and strategic operations
- All rooms in the inn are equipped with flat screen television, work desk, microwave, mini-refrigerator, large chair, and Jacuzzi in select suites
Property tours are available by appointment ONLY; to schedule a tour, contact Matt Wilkins at [email protected]