Property Overview

*Tioga Hotel is located in the heart of a bustling downtown Chanute. The hotel is completely remodeled with each room featuring 13.5” Heavenly Bed Mattresses, 32” and 42” LCD TV, fresh paint, new flooring, refrigerator, microwave, and coffee pot. Some rooms include a kitchenette. Tioga Hotel, built in 1929 as Kansas’ first “fireproof” hotel, with masonry/concrete exterior and interior walls, floors, ceilings. The hotel is know as the “Jewel of Southeast Kansas.” *Nest Extended Stay is located in Cherryvale, Kansas, part of Montgomery county, population over 30K. The city is also the headquarters for the South Kansas & Oklahoma Railroad. The motel features 7 units (rooms, cabins & a 3 bedroom house). The cabins and house have full kitchens and the rooms have kitchenettes. The top employers are Coffeyville Resources Refining & Marketing, John Deere and Textron Aviation & Spears Manufacturing Company.

Property Highlights

Asking Price$1,500,000
LocationChanute & Cherryvale, Kansas
Property DescriptionExtended Stay
Number of Rooms62
Major Source of BusinessMedical, Tourism, Business, Manufacturing
Year Built 1929