***This offering represents an upper mid-market brand at less than $44K per key, at a price point to accommodate the expected PIP. The revenue is rebounding, and YTD 2025 revenue is up by $160K. At the new asking price, it is now offered at 3X the TTM revenue. This hotel operates significantly below its compset in all three key STR metrics, especially occupancy and RevPar. Check out the STR and decide for yourself, but those metrics certainly indicate post-renovation upside. A 15 year La Quinta flag is available as well as a top tier alternative such as Garner (IHG) or Select (Hyatt).***********
Prime Interstate Connectivity: 89-Key Conversion Opportunity
Strategically positioned at Exit 252 on Interstate 70, this hotel benefits from one of the most high-traffic transit hubs in North Central Kansas. Flanked by two major travel plazas—Petro and Bosselman Travel Centers—the site enjoys consistent walk-in demand. Furthermore, the property is located just one mile east of the I-135 interchange, placing it at the epicenter of regional transit.
A Robust and Diverse Local Economy As the seventh-largest city in Kansas, Salina serves as a regional powerhouse for a population of over 55,000. The local economy is exceptionally resilient, anchored by:
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Manufacturing & Agribusiness: A diverse mix of large-scale manufacturing and food processing facilities.
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Renewable Energy: Kansas’s leadership in wind and solar energy continues to bring specialized business travel to the area.
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Education & Innovation: Salina is home to the Kansas State Aerospace and Technology Campus, which hosts one of only 12 FAA research facilities in the nation, alongside Kansas Wesleyan University.