TownePlace Suites Dodge City — Sale in Dodge City, KS
- Price: Contact for price
- Listing type: For sale
- Asset type: Hospitality Business
- Location: Dodge City, KS 67801
- Year built: 2014
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Investment Figures
- Cap rate
- 7.97%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 120-room TownePlace Suites located in Dodge City, Kansas. The hotel is a four-story property built in 2014. TownePlace Suites Dodge City provides the opportunity for a new owner to acquire a select-service, extended-stay, core-branded Marriott hotel that has undergone major recent renovations with potential to realize significant RevPAR growth through driving occupancy with renewed sales efforts, hands-on management and utilization of the Marriott name, reservation system, and loyal base of guests. Investment Highlights: • Historically Stable NOI • Offered Below $83k Per Key • Vast Majority of the PIP Recently Completed • Marriott Change-of-Ownership PIP Available • Recent Renovations Include Items Beyond the Scope of the Marriott PIP, such as the Parking Lot and Pool Deck • Year-Over-Year Running 3-Month RevPAR Increase (July 2026) • Ford County is Ranked a Top-10 "Least Economically Stressed Counties" in the U.S. • Proximate to National Beef Dodge City, Cargill Protein, Dodge City Roundup Rodeo, Dodge City Raceway Park, Boot Hill Casino, St. Catherine Hospital, and More
Market Context
This hospitality in Dodge City, KS is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 2014. Compare it against other hospitality listings for sale in Dodge City, KS — view the full market.
Contact
- Dave Saverin · (314) 889-2555
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