Warmbrodt Selected to Advise in Sale of Residence Inn by Marriott-Union Hill
Located in Kansas City, Missouri
July 7, 2011- Warmbrodt Hotel Investments, Inc ("WHI"), announced today it has been selected to advise in the sale of the Residence Inn by Marriott-Union Hill, located in Kansas City, Missouri. The Property is located at 2975 Main Street, which is a major north/south arterial street that connects downtown Kansas City south to the Crown Center area and the Country Club Plaza.
This urban area has experienced excellent growth in the past few years with the construction and opening of the 4,000 employee Internal Revenue Service Center and the Federal Reserve Bank, which is one block from the Property. Other companies proximate to the Property include Hallmark Cards, Argent Insurance, H&R Block, DST Systems, Kansas City Southern Railroads, FDIC, US Department of Justice and APP Labs. Additionally, the Property is proximate Union Station, Crossroads District, Sprint Center, Convention Center, the downtown entertainment district and the Country Club Plaza.
The 96-suite hotel opened in 1988 and was totally renovated in 2006/2007. Renovations included complete suite renovations including case goods, soft goods, sprinkler system, guest baths, new kitchens and stainless steel appliances, granite counter tops, flat screen televisions, Gatehouse, stairwells and exercise room.
The Property represents an excellent opportunity for a local, regional or national investor to acquire a well managed and maintained, Marriott branded hotel in a high barrier location, generating significant cash flow.
WHI is a Kansas City based hotel real estate firm specializing in the disposition, acquisition, financing and debt restructuring of hospitality related assets throughout the United States.
For more information regarding the Residence Inn by Marriott Union Hill, Kansas City, MO, please contact Herb Warmbrodt, herb@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 
