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Published on: Wednesday, January 21, 2026
Updated on: Wednesday, January 21, 2026
About the Lister
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Name: Brent Jaynes
Company: Leisure Real Estate Advisors, LLC
Office Phone: 913-499-4731
Cell Phone: 913-499-4731
Provide Your Service
Financing  Business  Material

  Fairfield Inn & Suites by Marriott

1111 N. Lorraine St Hutchinson Kansas , 67501
1111 N. Lorraine St Hutchinson Kansas                                                                                              , 67501  Leisure Real Estate Advisors, LLC
Listing ID: CL-Kansas-27292 Inn/Lodging and Hospitality

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Kansas-27292
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: N/A
Building Size: N/A SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
TAKE ANOTHER LOOK!!!…GREAT CASH FLOW AT A REDUCED PRICE. This premium branded Fairfield Inn & Suites is now being offered at a reduced price and LESS THAN $98K PER KEY.
Complete Details
Year Build: N/A
Building Size: N/A
No of Stories: N/A
Total Lot Area: N/A Not Specified
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

 


Investment Opportunity: Top-Tier Hospitality Asset in Hutchinson, Kansas

This 89-room Fairfield Inn & Suites presents a rare opportunity to acquire a high-performing asset at a competitive valuation of less than $98,000 per key. The property is meticulously maintained, featuring an owner-led PIP refresh completed in 2022 and the grand opening of a sophisticated 15,000-square-foot Conference Center in October 2025. These capital improvements position the hotel to capture significant group and corporate business in the coming years.

Consistently ranked as one of the top two lodging facilities in Hutchinson, the hotel boasts a strong financial profile with impressive top-line revenue and net income. Its reputation is further solidified by excellent ratings across major third-party travel platforms. The property enjoys a premier, high-visibility location within the region’s primary retail corridor, ensuring a steady stream of organic traffic.

Market Dynamics and Demand Generators Located just 45 minutes from Wichita’s Dwight D. Eisenhower National Airport, Hutchinson serves as a vital hub for Reno County. The local economy is anchored by heavy-weight corporate entities including Kroger (Dillon’s), Tyson, and Cargill Salt, providing a reliable base of corporate room nights. Tourism remains a significant driver, with the Kansas Cosmosphere, Strataca (the Kansas Underground Salt Museum), the Kansas State Fair, and the NJCAA National Basketball Tournament drawing visitors year-round.

Future Growth and Development The investment is bolstered by aggressive local revitalization efforts. Hutchinson has secured STAR Bonds for downtown redevelopment, including enhancements to Memorial Hall and the Landmark Building. Furthermore, a proposed $450 million state-of-the-art correctional facility is currently before the 2025 legislative session. If approved, this massive infrastructure project will replace the aging facility and provide a substantial long-term boost to local economic activity and hospitality demand.


 

Additional Properties
Property Highlights
  • *****Notable Area Businesses:*****
  • Hutchinson Regional Healthcare
  • Dillon’s
  • Tyson
  • Siemens Wind Power
  • Lowen Corporation
  • Collins Bus Corporation
  • Hutchinson Correctional Facility (The State of KS has plans to replace with the existing facility with a new $450M facility)
  • *****Local Demand Generators: *****
  • Cosmosphere – a nationally recognized space museum and one of the most complete in the country
  • Strataca – formerly the Kansas Underground Salt Museum, Carey Salt
  • National Junior College basketball tournament (draws attendees from all over the country)
  • Annual Kansas State Fair (attracts 350,000 annually)
  • Downtown Hutch Redevelopment
  • A new 14,500 square foot conference center is scheduled to open this summer which could increase the meeting and convention business dramatically.
Features
  • Price Per Key: 98,314
  • Property Type: Limited service - upper midscale
  • Revenue: Call or email for CA
  • *****Hotel Description*****
  • Premium Brand, now offered at $98K per key, 40% less than a new build
  • Refresh PIP completed in 2022
  • Attractive top line revenue, nearly $2.4M
  • $880K in TTM cash flow
  • Compelling cash flow including management fee
  • 4 floors, interior corridor, Assorted suites, including separate sleeping areas
  • Microwave and mini-fridge, all rooms, Sundry shop & guest laundry
  • Fitness center, Business center, Indoor pool & spa, 100% non-smoking
  • Well rated on travel sites, Marriott Inn & Suites prototype
  • A very good hospitality town, due to the corporate activity and major demand generators like the Cosmosphere, the Kansas State Fair and the National Junior College basketball tournament
  • Only 45 minutes to the Eisenhower National Airport in Wichita
  • A new 15-year license will be available
  • Manageable Relicensing PIP (available)
Listing Location
Lister's other Properties
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Listing ID: CL-Kansas-27298
Listing Type: Commercial
Category: Lodging and Hospitality - Inn
Status: Accepting Offers
Created On: 1/22/2026
Modified On: 1/22/2026
200 N. Centennial Dr. , Mcpherson Kansas                                                                                               67460
Address: 524 23rd St. , , Columbus Nebraska 68601
Listing ID: CL-Nebraska-27297
Listing Type: Commercial
Category: Lodging and Hospitality - Inn
Status: Accepting Offers
Created On: 1/22/2026
Modified On: 1/22/2026
524 23rd St. , , Columbus Nebraska                                                                                             68601
Address: 901 SW Robinson , Topeka Kansas 66606
Listing ID: CL-Kansas-27296
Listing Type: Commercial
Category: Lodging and Hospitality - Inn
Status: Accepting Offers
Created On: 1/22/2026
Modified On: 1/22/2026
901 SW Robinson , Topeka Kansas                                                                                               66606
Address: 201 E Diamond Drive , Salina Kansas 67401
Listing ID: CL-Kansas-27295
Listing Type: Commercial
Category: Lodging and Hospitality - Inn
Status: Accepting Offers
Created On: 1/22/2026
Modified On: 1/22/2026
201 E Diamond Drive , Salina Kansas                                                                                               67401
Address: 420 SE 6th Avenue , Topeka Kansas 66607
Listing ID: CL-Kansas-27293
Listing Type: Commercial
Category: Lodging and Hospitality - Inn
Status: Price not Disclosed
Created On: 1/21/2026
Modified On: 1/21/2026
420 SE 6th Avenue , Topeka Kansas                                                                                               66607
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