1949 N 9th St, Salina, KS 67401 For Sale

Reco Real Estate Advisors is pleased to present the Comfort Inn & Suites Salina North, a 57-room, Choice Hotels-flagged asset in Salina, Kansas — the regional trade center of north-central Kansas. Situated along the I-70 Corridor at the strategic junction of Interstate 70 and Interstate 135, the property offers a compelling value-add investment opportunity in a supply-protected market with proven demand fundamentals and meaningful upside for an engaged buyer.

Salina's demand base is anchored by Salina Regional Health Center, a 393-bed, Level III Trauma Center employing over 2,300 healthcare professionals approximately 2 miles from the property. Additional demand drivers include Kansas State University's Salina Aerospace and Technology Campus (approximately 1,000 students), Kansas Wesleyan University, Great Plains Manufacturing, and Schwan Food Company's Tony's Pizza production facility. The property's location at the I-70/I-135 junction captures consistent transient demand from the only major interstate crossroads between Wichita and the Nebraska border.

The property features 57 rooms across 3 stories with interior corridors, 35,256 square feet of gross building area on 1.27 acres, and 65 surface parking spaces (1.14 per room). Amenities include an outdoor pool, business center, fitness center, complimentary high-speed internet, and public-access WiFi. The 57-room format is ideally sized for an owner-operator seeking a manageable, hands-on asset with the support of the Comfort Inn brand and Choice Hotels' national distribution platform.

The I-70 Corridor submarket has experienced net contraction of over 260 rooms since 2021, with zero midscale or economy construction in the pipeline. Current 12-month submarket metrics reflect 52.9% occupancy, $103 ADR, and $55 RevPAR, all trending positive year over year. An active buyer positioned to invest in the physical product has meaningful upside to close the ADR gap with the Upper Midscale comp set, which currently achieves $127 ADR — representing a substantial rate optimization opportunity. For more information or to request the Offering Memorandum, please contact Nihar Patel | Reco Real Estate Advisors | KW Commercial.

Nihar Patel | Reco Real Estate Advisors

P: (913) 404- 8410

E: [email protected]