Bank owned hotel for sale - Block and Company
Bank owned hotel for sale - Block and Company
Bank owned hotel for sale - Block and Company
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BANK OWNED HOTEL FOR SALE<br />
Presently The Airport Plaza at Kansas City International<br />
Interstate 29 at Highway 152<br />
7301 NW Tiffany Springs Road Kansas City, Missouri<br />
<strong>Bank</strong> <strong>owned</strong> <strong>hotel</strong> <strong>for</strong> <strong>sale</strong> - $32,000 per key<br />
435<br />
Ferrelview<br />
Excellent visibility, signage, <strong>and</strong> market identity<br />
29<br />
KCI Airport<br />
291<br />
7 acre site - 11 story building - 249 rooms<br />
152<br />
N CHILDRESS AVE<br />
N<br />
AMITY<br />
AVE<br />
Weatherby Lake<br />
29<br />
NW TIFFANY SPRINGS RD<br />
N CONGRESS AVE<br />
NW 108TH ST<br />
<br />
9<br />
Platte Woods<br />
152<br />
N GREEN HILLS RD<br />
Over 6,800 sq ft of Ballroom/Banquet Facilities<br />
Estimated population of 75,127 people within a five mile radius<br />
average household income of $76,337 with a five mile radius<br />
Newly renovated restaurant, lobby, <strong>and</strong> common areas<br />
Spacious outdoor swimming pool<br />
Possible seller financing<br />
WY<br />
45<br />
45<br />
45<br />
Click www.airportplazakansascity.com <strong>for</strong> more in<strong>for</strong>mation<br />
BLOCK & COMPANY, INC., Realtors<br />
816.753.6000<br />
In the Skelly Building on the Country Club Plaza<br />
605 West 47th Street, Suite 200, Kansas City, Missouri 64112<br />
For In<strong>for</strong>mation Contact:<br />
Max Kosoglad<br />
816.412.7363<br />
mkosoglad@block<strong>and</strong>co.com<br />
David <strong>Block</strong><br />
816.412.7400<br />
dblock@block<strong>and</strong>co.com<br />
All in<strong>for</strong>mation furnished regarding property <strong>for</strong> <strong>sale</strong> or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof <strong>and</strong> the same is subject to errors, omissions, changes of prices, rental or other conditions, prior <strong>sale</strong> or lease or withdrawal without notice.
N<br />
7301 NW Tiffany Springs Road, Kansas City, Missouri<br />
AIRWORLD CENTER<br />
Main Access c s to KCI<br />
35,000 0 0 cars per day<br />
KANSAS A S CITY<br />
INTERNATIONAL<br />
N I N A AIRPORT<br />
R EXECUTIVE E E HILLS<br />
L Dairy Farmers of America<br />
RBC Innovators, Inc.<br />
AIRPORT<br />
R EXPANSION<br />
N<br />
KCI INTERMODAL<br />
BUSINESS S S CENTER<br />
E 2009 0 Development<br />
e e 800 0 Acres<br />
TIFFANY FA SPRINGS<br />
S<br />
MARKETPLACE<br />
A E<br />
60,000 cars per day<br />
ZONA ROSA<br />
SITE<br />
BOARDWALK & BARRY<br />
R SHOPPING P CENTERS<br />
E 20,000 000 cars per r day<br />
y<br />
BLOCK & COMPANY, INC., Realtors 816.753.6000<br />
All in<strong>for</strong>mation furnished regarding property <strong>for</strong> <strong>sale</strong> or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof <strong>and</strong> the same is subject to errors, omissions, changes of prices, rental or other conditions, prior <strong>sale</strong> or lease or withdrawal without notice.
7301 NW Tiffany Springs Road, Kansas City, Missouri<br />
N<br />
NW Tiffany f Springs R Road<br />
NW W Prairie r i e View w Road<br />
d<br />
N Avalon n Street<br />
e t<br />
L<strong>and</strong> Area<br />
Total = 6.9 Acres<br />
Building<br />
i 111 Stories<br />
NW D Donovan o n D Drive<br />
e<br />
BUILDING TO LAND AREA RATIO<br />
BLOCK & COMPANY, INC., Realtors 816.753.6000<br />
All in<strong>for</strong>mation furnished regarding property <strong>for</strong> <strong>sale</strong> or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof <strong>and</strong> the same is subject to errors, omissions, changes of prices, rental or other conditions, prior <strong>sale</strong> or lease or withdrawal without notice.
The Airport Plaza at Kansas City International<br />
HOTEL EXTERIOR<br />
PROPERTY AND BUILDING FEATURES:<br />
Year built: 1973<br />
L<strong>and</strong> Area: 6.9 Acres<br />
Building: 11 stories plus basement storage/ballroom<br />
Building Structure: st<strong>and</strong> up concrete <strong>and</strong> steel<br />
Roof: EDMP/ 8-10 years<br />
Exterior walls/façade: brick, concrete <strong>and</strong> washed aggregate<br />
Elevators: 3 Main Elevators<br />
Parking Lot: 450 spaces<br />
Security Cameras: 22<br />
Ice Machines: 6<br />
GUEST ROOM DESCRIPTION:<br />
249 total guestrooms<br />
186 Double Double -- 264 sq ft (12’ X 12’)<br />
63 Single King -- 264 sq ft (12’ X 22’)<br />
3 Suites – 588 sq ft (24’ X 22’)<br />
FUNCTION SPACE:<br />
Hotel Lobby: 2,688 sq ft<br />
Board Room: 366 sq ft – lobby level<br />
Ball Room: 3,288 sq ft - top floor<br />
Banquet Space: 3,521 sq ft - lower level<br />
TOTAL FUNCTION SPACE: 9,863 sq ft<br />
BLOCK & COMPANY, INC., Realtors 816.753.6000<br />
All in<strong>for</strong>mation furnished regarding property <strong>for</strong> <strong>sale</strong> or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof <strong>and</strong> the same is subject to errors, omissions, changes of prices, rental or other conditions, prior <strong>sale</strong> or lease or withdrawal without notice.
The Airport Plaza at Kansas City International<br />
LOBBY<br />
Access:<br />
Directions from Kansas City International Airport are simple: From Kansas City International Airport or from<br />
south of Highway 152, guests proceed south on I-29 (north if approaching from the south) to Tiffany Springs<br />
Parkway (exit 10) <strong>and</strong> proceed west roughly 300 feet to Prairie View Road. Guests head south on Prairie View<br />
Road <strong>for</strong> approximately 1 mile <strong>and</strong> take a right into The Airport Plaza at Kansas City International. Major<br />
improvements to I-29 are currently underway <strong>and</strong> major improvements to the intersection of I-29 & Highway 152<br />
have been proposed.<br />
Visibility:<br />
The Airport Plaza at Kansas City International’s rectangular shaped 11-story main tower provides a striking <strong>and</strong><br />
un<strong>for</strong>gettable presence in the Kansas City Northl<strong>and</strong>. The property is strategically positioned at the intersection<br />
of two major thoroughfares within clear view of some of the areas top dem<strong>and</strong> generators such as: Toyota,<br />
L<strong>and</strong>mark Medical, CITI Group, Dairy Farmers of America, Worldspan, Grantham University, National American<br />
University, <strong>and</strong> St. Lukes Health Systems. The other three corners of the intersection are occupied by over a<br />
combined 3 million sq ft of new major destination retail. Further infrastructure improvements <strong>and</strong> retail<br />
developments are currently underway. The Airport Plaza at Kansas City International provides spectacular views<br />
of Downtown Kansas City <strong>and</strong> <strong>for</strong> miles around in all directions.<br />
BLOCK & COMPANY, INC., Realtors 816.753.6000<br />
All in<strong>for</strong>mation furnished regarding property <strong>for</strong> <strong>sale</strong> or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof <strong>and</strong> the same is subject to errors, omissions, changes of prices, rental or other conditions, prior <strong>sale</strong> or lease or withdrawal without notice.
The Airport Plaza at Kansas City International<br />
LOUNGE<br />
FOOD AND BEVERAGE:<br />
Tiffany Café: light-filled restaurant overlooking the pool<br />
Continental Breakfast Buffet: yogurt, pastries, coffee, tea, etc.<br />
Prairie View Lounge: sports bar<br />
ENHANCEMENT AND UPSIDE OPPORTUNITY:<br />
The Airport Plaza at Kansas City International offers major upside potential to increase revenues <strong>and</strong><br />
profitability from a number of strategic value-added <strong>and</strong> positioning opportunities.<br />
These opportunities include:<br />
• New Flag<br />
• Exp<strong>and</strong> Guest Room Inventory<br />
• Exp<strong>and</strong> Food & Beverage Outlets<br />
• Increase Marketing & Sales<br />
• Accessibility Improvements from I-29 & Highway 152<br />
BLOCK & COMPANY, INC., Realtors 816.753.6000<br />
All in<strong>for</strong>mation furnished regarding property <strong>for</strong> <strong>sale</strong> or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof <strong>and</strong> the same is subject to errors, omissions, changes of prices, rental or other conditions, prior <strong>sale</strong> or lease or withdrawal without notice.
The Airport Plaza at Kansas City International<br />
FITNESS CENTER<br />
AMENITIES AND SERVICES:<br />
As a staple in the Kansas City community, The Airport Plaza at Kansas City International prides itself in<br />
providing superior <strong>hotel</strong> amenities <strong>and</strong> services which are vital to the appeal of the overall <strong>hotel</strong> <strong>and</strong><br />
guest experience.<br />
Hotel Amenities Include the Following:<br />
• Spacious Outdoor Swimming Pool surrounded by <strong>and</strong> expansive sundeck that<br />
accommodates 100 lounge chairs in the summer season. The Main pool is heated <strong>and</strong><br />
measures 20’ x 40’ (800 sq ft). The pool area is approximately 2,400 sq ft<br />
• Fitness Center measuring 28’ x 20’ (560 sq ft)<br />
• Executive Business Center<br />
• Room Service<br />
• Free WiFi in every room<br />
• Complimentary Parking <strong>for</strong> autos, trucks, RV’s, busses or semi-trailers<br />
• Airport Pick up <strong>and</strong> drop off<br />
BLOCK & COMPANY, INC., Realtors 816.753.6000<br />
All in<strong>for</strong>mation furnished regarding property <strong>for</strong> <strong>sale</strong> or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof <strong>and</strong> the same is subject to errors, omissions, changes of prices, rental or other conditions, prior <strong>sale</strong> or lease or withdrawal without notice.
The Airport Plaza at Kansas City International<br />
RESTAURANT<br />
SWIMMING POOL<br />
GUEST ROOM<br />
BLOCK & COMPANY, INC., Realtors 816.753.6000<br />
All in<strong>for</strong>mation furnished regarding property <strong>for</strong> <strong>sale</strong> or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof <strong>and</strong> the same is subject to errors, omissions, changes of prices, rental or other conditions, prior <strong>sale</strong> or lease or withdrawal without notice.
EAST ST<br />
AR<br />
N OAK TFWY<br />
435<br />
0TH ST<br />
GHWAY N<br />
N BRIGHTWELL RD<br />
SOURI T HWY<br />
HNSON TRL<br />
NW 76TH ST<br />
N HAMPTON RD<br />
UNION CHAPEL<br />
L P COOKINGHAM DR<br />
NW 104TH ST<br />
N CHILDRESS AVE<br />
45<br />
NW 104 ST<br />
NW ROANRIDGE RD<br />
Weatherby Lake<br />
NW KERNS DR<br />
LONDON AVE<br />
152<br />
NW 112TH ST<br />
NW GRADEN RD<br />
N AMITY AVE<br />
NW 128TH ST<br />
29<br />
NW 80TH ST<br />
NW MACE RD<br />
NW 101 TER<br />
N CHESTER ST<br />
NW 68TH ST<br />
5.00 Miles<br />
3.00 Miles<br />
<br />
N SKYVIEW AVE<br />
NW BARRY RD<br />
NW 72ND ST<br />
NW 136TH S<br />
NW SKYVIEW AVE<br />
WAUKOMIS<br />
N GREEN HILLS RD<br />
N OVERLAND CT<br />
N ROBINHOOD LN<br />
NW 108TH ST<br />
NW WAUKAMIS<br />
NW 64TH ST<br />
NW COOKINGHAM RD<br />
NW COOKINGHAM DR<br />
STATE HWY 152<br />
N EDISON AVE<br />
HICKORY ST<br />
NW 132ND ST<br />
169<br />
1.00 Mile<br />
N WYANDOTTE ST<br />
ARROWHEAD TFWY<br />
SALT ROCK RD<br />
N OAK ST<br />
435<br />
NE 106TH ST<br />
NE 96TH ST<br />
BARRY RD<br />
N TROOST AVE<br />
NE 126<br />
NE 68TH ST<br />
NE SHADY LANE D<br />
Lat: 39.143 Lon: -94.82 Zoom: 11 mi Logos are <strong>for</strong> identification purposes only <strong>and</strong> may be trademarks of their respective companies.<br />
I-435<br />
NW RIVER RD<br />
9<br />
Parkville<br />
NW ENGLEWOOD RD<br />
Gladsto<br />
MAIN<br />
ERCON DR<br />
NW VIVION RD<br />
I-29<br />
N OAK FWY<br />
©2010, SITES USA Inc., Ch<strong>and</strong>ler, AZ (480) 491-1112. All Rights Reserved.<br />
N HIGHLA<br />
7301 NW Tiffany Springs Road<br />
Kansas City, Missouri<br />
January 2010<br />
This map was produced using data from private <strong>and</strong> government sources deemed to be reliable. The in<strong>for</strong>mation herein is provided without representation or warranty.<br />
BLOCK & COMPANY, INC., Realtors 816.753.6000<br />
All in<strong>for</strong>mation furnished regarding property <strong>for</strong> <strong>sale</strong> or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof <strong>and</strong> the same is subject to errors, omissions, changes of prices, rental or other conditions, prior <strong>sale</strong> or lease or withdrawal without notice.
SUMMARY DEMOGRAPHIC PROFILE<br />
1990 - 2000 Census, 2009 Estimates & 2014 Projections<br />
Calculated using Proportional <strong>Block</strong> Groups<br />
Lat/Lon: 39.2592/-94.661697<br />
January 2010<br />
RS1<br />
7301 NW Tiffany Springs Road<br />
Kansas City, Missouri<br />
1.00 mi<br />
radius<br />
3.00 mi<br />
radius<br />
5.00 mi<br />
radius<br />
HOUSEHOLDS POPULATION<br />
POPULATION<br />
BY RACE<br />
BUSINESS EDUCATION (AGE 25+) INCOME<br />
2009 Estimated Population 3,732 29,029 75,127<br />
2014 Projected Population 4,200 31,600 84,186<br />
2000 Census Population 3,119 24,311 62,867<br />
1990 Census Population 2,177 18,356 47,805<br />
Historical Annual Growth 1990 to 2009 3.8% 3.1% 3.0%<br />
Projected Annual Growth 2009 to 2014 2.5% 1.8% 2.4%<br />
2009 Median Age 30.6 37.7 36.0<br />
2009 Estimated Households 1,541 11,347 28,154<br />
2014 Projected Households 1,524 10,863 28,445<br />
2000 Census Households 1,401 10,208 25,412<br />
1990 Census Households 987 7,296 18,467<br />
Historical Annual Growth 1990 to 2009 3.0% 2.9% 2.8%<br />
Projected Annual Growth 2009 to 2014 -0.2% -0.9% 0.2%<br />
2009 Estimated White 82.2% 88.0% 87.9%<br />
2009 Estimated Black or African American 8.0% 5.2% 4.6%<br />
2009 Estimated Asian & Pacific Isl<strong>and</strong>er 4.8% 3.8% 2.8%<br />
2009 Estimated American Indian & Native Alaskan - 0.0% 0.2%<br />
2009 Estimated Other Races 4.9% 3.0% 4.5%<br />
2009 Estimated Hispanic 7.6% 5.5% 5.8%<br />
2009 Estimated Average Household Income $ 66,424 $ 74,504 $ 76,337<br />
2009 Estimated Median Household Income $ 65,111 $ 73,135 $ 73,233<br />
2009 Estimated Per Capita Income $ 27,427 $ 29,311 $ 28,937<br />
2009 Elementary 0.2% 0.9% 0.8%<br />
2009 Some High School 2.6% 2.9% 3.3%<br />
2009 High School Graduate 22.1% 23.7% 25.1%<br />
2009 Some College 23.2% 22.6% 22.8%<br />
2009 Associates Degree Only 11.6% 9.5% 10.2%<br />
2009 Bachelors Degree Only 28.4% 26.2% 25.6%<br />
2009 Graduate Degree 11.8% 14.2% 12.2%<br />
Number of Businesses 204 1,018 2,361<br />
Total Number of Employees 3,677 17,233 34,939<br />
Employee Population per Business 18.0 16.9 14.8<br />
Residential Population per Business 18.3 28.5 31.8<br />
This report was produced using data from private <strong>and</strong> government sources deemed to be reliable. The in<strong>for</strong>mation herein is provided without representation or warranty.<br />
©2010, Sites USA, Ch<strong>and</strong>ler, Arizona, 480-491-1112 Demographic Source: Applied Geographic Solutions / TIGER Geography 07/09<br />
BLOCK & COMPANY, INC., Realtors 816.753.6000<br />
All in<strong>for</strong>mation furnished regarding property <strong>for</strong> <strong>sale</strong> or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof <strong>and</strong> the same is subject to errors, omissions, changes of prices, rental or other conditions, prior <strong>sale</strong> or lease or withdrawal without notice.
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