Tru By Hilton Lawrence
Well-performing Upper scale Hotel in a University Town
Marketing description
Tru by Hilton at 510 Wakarusa Dr, Lawrence, KS 66049 presents a compelling hospitality investment opportunity in one of Kansas’ most dynamic university markets. Built in 2017, this 4-story, 82-room hotel encompasses approximately 38,094 square feet on 2.10 acres and is strategically positioned in West Lawrence along Wakarusa Drive, a major thoroughfare with strong visibility and convenient access. Located just two miles from Rock Chalk Park and four miles from the University of Kansas, the property benefits from steady demand generated by students, families, visiting faculty, sports tourism, and business travelers. Nearby attractions including Theatre Lawrence, Clinton Lake, and the vibrant Massachusetts Street district further strengthen its year-round appeal. This high-performing asset offers modern amenities, strong in-place cash flow, and meaningful upside potential. Positioned below replacement cost, it represents an attractive opportunity for investors seeking a branded Hilton asset in a growing market with favorable demographics, expanding households, and long-term lodging demand. A rare chance to acquire a well-located, institutional-quality hotel in the heart of Lawrence.
Broker of Record: Richard E Queen, Jr KS License No: BR 00232332
Investment highlights
- Well Performing hospitality asset with an excellent location
- YTD 11 June 2026 Hotel Revenue is @900K ahead by 80K of 2025.
- Priced Below Replacement Cost. Value Add Opportunity
- Rare opportunity to purchase in a University Town
- University town with large student population.
- Located on Wakarusa Dr, a major thoroughfare and premier location in the submarket.
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