200 N Centennial Dr - Hospitality FOR SALE


Mcpherson, KS 67460
$6,650,000 USD
913-499-4731
200 N Centennial Dr, Mcpherson, KS for Sale
$6,650,000 USD
Hospitality - FOR SALE
1/21
null | Request Cap Rate

200 N Centennial Dr
Mcpherson, KS 67460


HIGHLIGHTS

  • Premium Hilton flag property offered at significant discount to replacement cost—approximately $91K per key.
  • YE 2025 net operating income projected at over $720K, driven by revenue growth of approximately $300K year-over-year.
  • Opened in 2016 with modern design and brand-compliant features, minimizing near-term capital needs.
  • Strategically located near I-135 and adjacent to retail, dining, and educational institutions including McPherson College.
  • Surrounded by prominent employers such as Pfizer, Viega, Johns Manville, and CHS, ensuring strong corporate demand.
  • Amenities include meeting space, a fitness center, and kitchenette suites catering to extended-stay travelers.

OVERVIEW

This Hampton Inn presents an outstanding opportunity to own a premium branded Hilton property in a stable and growing Kansas market. Opened in 2016, this 73-key hotel is strategically positioned near Interstate 135, offering excellent visibility and access for both regional and interstate travelers. The asset benefits from proximity to newer retail developments, including a Walmart Supercenter, restaurants, and McPherson College, enhancing demand drivers for both leisure and business guests. Priced at just $91K per key—approximately 40% below new construction costs—the property offers compelling value for an investor seeking cash flow stability with limited capital expenditure. Even after a refresh PIP, the price remains highly competitive. The market has recently stabilized after the opening of new competition, and YE 2025 revenue is projected to increase by nearly $300K, with net operating income exceeding $720K before debt service. McPherson is recognized as one of the most diverse business hubs in the U.S., supported by significant manufacturing and energy sectors. Major employers such as Pfizer, Johns Manville, Viega, and CHS have a strong presence, ensuring a steady base of corporate travel. McPherson’s central Kansas location offers access to both Salina and Wichita while drawing from a population of nearly 500,000 within a 60-mile radius. This Hilton-branded hotel includes desirable amenities such as a fitness center, meeting rooms, and spacious kitchenette suites, providing a competitive advantage in this robust regional lodging market.

FOR SALE DETAILS

PRICE

$6,650,000 USD

PRICE/SF

$135 USD /SF

# OF ROOMS

73

PRICE/ROOM

$91,096 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hampton Inn McPherson

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2016

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.24 AC

LAND SF

141,134 SF

ZONING

C

APN/PARCEL ID

137-26-0-20-04-001.03-0

ASK ABOUT THIS PROPERTY

Brent JaynesLeisure Real Estate AdvisorsMore Info
913-499-4731

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Brent JaynesLeisure Real Estate AdvisorsMore Info
913-499-4731

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.