Hotel-Motel
Holiday Inn Express & Suites Hays
4650 Roth Ave, Hays, KS 67601
Listing Price: $10,800,000
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Hays, a three-story hotel located in Hays, the largest city in northwest Kansas. Renovated in 2017, the property consists of 91 interior corridor guest rooms, a heated indoor pool, fitness center, business center, complimentary breakfast buffet, and 1,500 square feet of meeting and event space. The property consistently receives excellent reviews and guest scores. It is ranked #1 of 16 hotels in the city.
The Holiday Inn Express & Suites Hays is ideally situated along U.S. Route 183, less than a mile from Interstate 70 and three miles from Downtown Hays. Hays is the economic and cultural center of the region. Fort Hays State University enrolls more than 12,800 students and is located only five miles away. The university is home to Lewis Field Stadium, which can seat 6,362 people. The property is minutes to Hays Medical Center and Hays Regional Airport. The Holiday Inn Express & Suites Hays benefits from its location near Interstate 70, with primary business coming from transient demand to-and-from Denver and Kansas City. Other nearby demand drivers include Sternberg Museum of Natural History, Ellis County Fair Grounds, The Bricks Chestnut Street District and Fox Theatre in Downtown Hays, and Fort Hays State Historic Site.
The Holiday Inn Express & Suites Hays represents the opportunity to acquire a 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 Ellis County region.
Investment Highlights
- $3.2M+ Current Room Revenue
- 3.4x Room Revenue Multiplier
- $1.1M+ in Recent CapEx
- Ideally Located Along U.S. Route 183, Less Than a Mile to Interstate 70 (No Freeway Noise)
- 5 Miles to Fort Hays State University (12k+ Enrollment) and Lewis Field Stadium
- Nearby Attractions Include Sternberg Museum, Ellis County Fair Grounds, The Bricks Chestnut District (Downtown Hays), and Fort Hays State Historic Site
Broker of Record
Financing By
Listing Price: $10,800,000
Investment Highlights
- $3.2M+ Current Room Revenue
- 3.4x Room Revenue Multiplier
- $1.1M+ in Recent CapEx
- Ideally Located Along U.S. Route 183, Less Than a Mile to Interstate 70 (No Freeway Noise)
- 5 Miles to Fort Hays State University (12k+ Enrollment) and Lewis Field Stadium
- Nearby Attractions Include Sternberg Museum, Ellis County Fair Grounds, The Bricks Chestnut District (Downtown Hays), and Fort Hays State Historic Site
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Hays, a three-story hotel located in Hays, the largest city in northwest Kansas. Renovated in 2017, the property consists of 91 interior corridor guest rooms, a heated indoor pool, fitness center, business center, complimentary breakfast buffet, and 1,500 square feet of meeting and event space. The property consistently receives excellent reviews and guest scores. It is ranked #1 of 16 hotels in the city. The Holiday Inn Express & Suites Hays is ideally situated along U.S. Route 183, less than a mile from Interstate 70 and three miles from Downtown Hays. Hays is the economic and cultural center of the region. Fort Hays State University enrolls more than 12,800 students and is located only five miles away. The university is home to Lewis Field Stadium, which can seat 6,362 people. The property is minutes to Hays Medical Center and Hays Regional Airport. The Holiday Inn Express & Suites Hays benefits from its location near Interstate 70, with primary business coming from transient demand to-and-from Denver and Kansas City. Other nearby demand drivers include Sternberg Museum of Natural History, Ellis County Fair Grounds, The Bricks Chestnut Street District and Fox Theatre in Downtown Hays, and Fort Hays State Historic Site. The Holiday Inn Express & Suites Hays represents the opportunity to acquire a 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 Ellis County region.
Broker of Record
Financing By

