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Hotel-Motel

Baymont Inn & Suites Topeka

1401 SW Ashworth Pl, Topeka, KS 66604

Listing Price: $2,700,000

Number of Rooms
60
RevPAR
$34
Gross SF
23,664
Price/Room
$45,000
RRM
3.60
Price/Gross SF
$114.10
Year Built
1993

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Baymont Inn & Suites Topeka, a two-story, franchised hotel located in Topeka, Kansas' historic state capital. The hotel offers amenities including a seasonal outdoor pool, complimentary breakfast, fitness center, business center, and guest laundry facilities. The property was fully remodeled in 2020.

The Baymont Inn & Suites Topeka is located just 6 miles west of Downtown Topeka, off of Interstate 470. The area offers several popular tourist attractions, including the Kansas State Capitol, Topeka Zoo, Stormont Vail Events Center (home to Shawnee County Fair), Ward-Meade Park, Lake Shawnee, and several museums. The Brown V. Board of Education National Historic Park is located just 5 miles from the hotel and is one of the area's top attractions. The hotel is also minutes from Washburn University and three medical centers.

The Baymont Inn & Suites Topeka represents the opportunity to acquire franchised hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Topeka region.

Investment Highlights

  • Fully Remodeled, Franchised Hotel Located in Historic Topeka, Kansas
  • Excellent Highway Location, Just 6 Miles to Downtown and 10 Miles to Topeka Regional Airport
  • Located in Kansas' Capital City | Significant Tourism & Government Demand
  • Nearby Attractions Include the Kansas State Capitol, Topeka Zoo, Stormont Vail Events Center (Home to Shawnee County Fair), Ward-Meade Park, Lake Shawnee, and Several Museums
  • Minutes to Washburn University and Three Medical Centers

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Hotel-Motel

Baymont Inn & Suites Topeka

Listing Price: $2,700,000

Number of Rooms
60
RevPAR
$34
Gross SF
23,664
Price/Room
$45,000
RRM
3.60
Price/Gross SF
$114.10
Year Built
1993

Investment Highlights

  • Fully Remodeled, Franchised Hotel Located in Historic Topeka, Kansas
  • Excellent Highway Location, Just 6 Miles to Downtown and 10 Miles to Topeka Regional Airport
  • Located in Kansas' Capital City | Significant Tourism & Government Demand
  • Nearby Attractions Include the Kansas State Capitol, Topeka Zoo, Stormont Vail Events Center (Home to Shawnee County Fair), Ward-Meade Park, Lake Shawnee, and Several Museums
  • Minutes to Washburn University and Three Medical Centers

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Baymont Inn & Suites Topeka, a two-story, franchised hotel located in Topeka, Kansas' historic state capital. The hotel offers amenities including a seasonal outdoor pool, complimentary breakfast, fitness center, business center, and guest laundry facilities. The property was fully remodeled in 2020. The Baymont Inn & Suites Topeka is located just 6 miles west of Downtown Topeka, off of Interstate 470. The area offers several popular tourist attractions, including the Kansas State Capitol, Topeka Zoo, Stormont Vail Events Center (home to Shawnee County Fair), Ward-Meade Park, Lake Shawnee, and several museums. The Brown V. Board of Education National Historic Park is located just 5 miles from the hotel and is one of the area's top attractions. The hotel is also minutes from Washburn University and three medical centers. The Baymont Inn & Suites Topeka represents the opportunity to acquire franchised hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Topeka region.

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

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