Investment Summary

• The hotel is positioned in Johnson County, the state’s largest and most affluent county, with a 2023 median household income of ~$107,261 and a growing population base exceeding 614,000 residents, which supports higher-spend corporate and leisure demand around the asset.
• The property benefits from the Kansas City MSA’s scale—more than 2.2 million residents in 2024—which provides a deep feeder market for year-round corporate, sports, healthcare, and leisure travel.
• Air access is strengthening following MCI’s new $1.5B single terminal (opened Feb. 28, 2023) and subsequent record passenger months in 2024, which expands the hotel’s reach to national demand sources.
• The hotel sits ~10 minutes south of the Village West/Kansas Speedway/Children’s Mercy Park cluster, allowing it to capture peak weekends (NASCAR, MLS, concerts) while avoiding on-site event pricing volatility.
• Children’s Mercy Park seats 18,467 for soccer and up to 25,000 for concerts, creating reliable spikes in room demand within a short drive of the property.
• Village West/Legends Outlets is a regional draw with ~1.1 million sq ft of retail and 10+ million annual visitors, reinforcing consistent leisure and group activity that flows to nearby lodging.
• Corporate transient and project demand is bolstered by nearby institutional and enterprise nodes, including Garmin’s U.S. operational HQ (4,000+ employees) in Olathe, which feeds weekday room nights into Johnson County hotels.
• The run-up to the 2026 FIFA World Cup—with six matches in Kansas City, including a quarterfinal—is expected to lift regional visitation before, during, and after the tournament, presenting tangible upside for room nights and rate compression.
• Recently renovated property with modern amenities.

Location Summary

• The hotel’s address at 16555 Midland Drive, Shawnee, KS 66217 places it just off I-435 with quick connections to I-35, I-70, and K-7, enabling efficient distribution across the Kansas and Missouri sides of the metro for corporate rotations and leisure itineraries.
• Kansas City International Airport offers expanding airlift and a modern 40-gate terminal experience, improving access for teams, vendors, and group business traveling to Johnson County venues and campuses.
• The property sits near Shawnee Mission Park, the largest and most-visited park in Kansas at ~1,600 acres with a 120-acre lake, which supports weekend leisure, sports tournaments, and outdoor-oriented group travel.
• The park’s Theatre in the Park draws ~35,000 attendees each summer, adding predictable evening and weekend compression that benefits nearby hotels.
• Within the same catchment, Legends Outlets aggregates 100+ stores and entertainment, sustaining steady off-peak and shoulder demand that complements corporate mid-week patterns.
• Healthcare-related demand is supported by The University of Kansas Health System – KU MedWest at 7405 Renner Rd, Shawnee, generating patient, family, and traveling clinician stays close to the asset.
• Regional higher-ed and event activity at Johnson County Community College (Overland Park) adds conference and athletic calendar nights within a short drive of the hotel.
• City and state wayfinding confirm that I-435 and Shawnee Mission Parkway bisect Shawnee, with the hotel located in the I-435/Midland node; this micro-location simplifies logistics for guests covering multiple job sites in a single trip.