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Investment Highlights

  • Premium Branded Holiday Inn Express Chanute, KS - Only IHG branded property in the city of Chanute
  • Ideally located along US-169, the primary north–south corridor in Southeast Kansas
  • Less than 5 minutes from the Neosho Memorial Regional Medical Center, a 400+ employee, full service-regional hospital
  • 12%+ Cap Rate in Place
  • Consistent Occupancy year round – Providing stable net cashflow

Executive Summary

Click here to access deal room: https://www.tammenhospitality.com/exclusive-listings?propertyId=holidayexpresschanute

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.53 AC
Building Size 50,142 SF
No. Rooms 75
No. Stories 4
Year Built 2018
Parking Ratio 1.97/1,000 SF
Corridor Interior
Zoning R-2 - Residential Multifamily District

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 18 $204.44 CAD -
Guest Room 57 $190.81 CAD -

Property Taxes

Property Taxes

Parcel Number
049-31-0-00-01-001.04-0
Land Assessment
$42,796 CAD
Improvements Assessment
$2,161,211 CAD
Total Assessment
$2,204,007 CAD
  • Listing ID: 39747914

  • Date on Market: 2026-03-12

  • Last Updated:

  • Address: 3401 Blue Comet Dr, Chanute, KS 66720

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