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1315 N. State Street

Iola, KS 66749

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1315 N. State Street

For Sale

$1,300,000
Gross Land:
5.03 Acres
Building SF:
24,613
Sale Type:
Owner/User

Property Highlights

  • 58 Room Hospitality Asset ($22,413/Room)
  • All 58 rooms include air conditioning, in-room refrigerators, microwaves, coffee makers, and premium cable
  • Restaurant has a renovated meeting hall, including audio and visual setup
  • All owned FF&E included with the restaurant
  • Free continental breakfast, free WiFi, free self-parking, a restaurant, bar/lounge, snack bar/deli, business center, and laundry facilities on-site
  • In Place Cash Flow and strong occupany rates
  • 1.5 hours from Kansas City
General Use:
Multi-Unit Housing
Specific Use:
Hotel/Motel
County:
Allen

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