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Regency Inn 14 N State St 54 Room Hotel Iola, KS 66749 $1,870,000 ($34,630/Room)
Investment Highlights
- 54 Room Hospitality Asset ($34,259/Room)
- In Place Cash Flow (NOI $250,000)
- Diverse Demand Drivers
- Owner Selling Real Estate & Business
- Offers Short and Long Term Stays
Executive Summary
54 Room Hospitality Asset ($34,259/Room)
Property Facts
| Price | $1,870,000 | Building Size | 35,540 SF |
| Price Per Room | $34,630 | No. Rooms | 54 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1965 |
| Property Subtype | Hotel | Parking Ratio | 1.52/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.35 AC | ||
| Zoning | C-4 - Commercial | ||
| Price | $1,870,000 |
| Price Per Room | $34,630 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.35 AC |
| Building Size | 35,540 SF |
| No. Rooms | 54 |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.52/1,000 SF |
| Corridor | Exterior |
| Zoning | C-4 - Commercial |
Amenities
- High Speed Internet Access
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 54 | $45.00 | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 078-27-0-40-13-005.00-0 | Improvements Assessment | $32,623 |
| Land Assessment | $2,170 | Total Assessment | $34,793 |
Property Taxes
Parcel Number
078-27-0-40-13-005.00-0
Land Assessment
$2,170
Improvements Assessment
$32,623
Total Assessment
$34,793
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Regency Inn | 14 N State St
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