TOWNEPLACE SUITES GARDEN CITY

INVESTMENT OVERVIEW

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 120-room TownePlace Suites located in Garden City, Kansas. The TownePlace Suites is a 2013-build, four-story property located off highway 156, providing ease of access for commerce and tourism. TownePlace Suites Garden City provides the opportunity for a new owner to acquire a 100-plus-room hotel built less than 8 years ago with the potential to realize significant RevPAR growth through a complete rebranding and utilization of the Marriott name, reservation system, and loyal base of guests.

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INVESTMENT HIGHLIGHTS

• Property is Directly off Highway 156, a Major Local Thoroughfare.
• Only Marriott Flagged Hotel Within 45 Miles.
• No Competitors in the Market for Upper Scale, Extended Stay Properties.
• No New Supply is Expected in the Near Future.