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Holiday Inn Express & Suites Chanute 3401 Blue Comet Dr 75 Room Hotel Chanute, KS 66720 $11,814,915 CAD ($157,532 CAD/Room)
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
- 11%+ Cap Rate in Place
- 75 Key Holiday Inn Express in Chanute, KS - Offered fee simple
Executive Summary
Click here to access Virtual Tour and Due Diligence: https://www.tammenhospitality.com/exclusive-listings?propertyId=holidayexpresschanute
Property Facts
| Price | $11,814,915 CAD | Building Size | 50,142 SF |
| Price Per Room | $157,532 CAD | No. Rooms | 75 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built | 2018 |
| Property Subtype | Hotel | Parking Ratio | 1.97/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 4.53 AC | ||
| Zoning | R-2 - Residential Multifamily District | ||
| Price | $11,814,915 CAD |
| Price Per Room | $157,532 CAD |
| 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 | $208.50 CAD | - |
| Guest Room | 57 | $194.60 CAD | - |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 049-31-0-00-01-001.04-0 | Improvements Assessment | $2,209,369 CAD |
| Land Assessment | $43,750 CAD | Total Assessment | $2,253,119 CAD |
Property Taxes
Parcel Number
049-31-0-00-01-001.04-0
Land Assessment
$43,750 CAD
Improvements Assessment
$2,209,369 CAD
Total Assessment
$2,253,119 CAD
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Videos
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Photos
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Presented by
Tammen Hospitality Partners
Holiday Inn Express & Suites Chanute | 3401 Blue Comet Dr
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