Warmbrodt Selected to Advise in Sale of Best Western Plus in Olathe, KS
June 1, 2011 - Warmbrodt Hotel Investments ("WHI") has been retained as the Exclusive Agent to advise in the sale of the Best Western Plus Hotel & Suites located in the Greater Kansas City MSA suburb of Olathe, Kansas.
The Property is located at 1580 S. Hamilton Circle in Olathe, KS on the northeast quadrant of Interstate 35 and Highway 169 (Exit 215).
The Property has excellent visibility and access from the Interstate. This area has experienced excellent growth. Companies proximate to the area include Garmin, SMH, and Mid-America Nazarene University and the Olathe Medical Center.
The 67-room and suite, three story, interior hotel opened in January 2009 and offers contemporary furnished King and Double Suites with flat screen HD televisions, wireless internet, work area, microwaves and refrigerators, granite counter tops and sofas and chairs. The Property offers an indoor pool and whirlpool, exercise center, business center, meeting room and spacious breakfast area. All areas of the Property are fully sprinkled.
The Property represents and excellent acquisition opportunity for a local, regional or national investor to acquire a well located asset; with increasing cash flow and excellent condition; with pricing substantially below replacement value.
- Delivered free and clear of management
- Flexibility to maintain strong Best Western branding or new franchise
- New construction and design allows efficient operation
- Excellent condition resulting in no immediate capital outlays
- Market showing continued improvement in RevPar growth
Contact us directly at 913-381-3737 or visit our website www.whikc.com to learn how our years of experience and specialized services can help meet the needs of your business goals.
For more information please contact Herb Warmbrodt, herb@whikc.com or Zane Varvel, zane@whikc.com at 913-381-3737.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
