Super 8 Iola - Iola, KS

$170,000 PRICE REDUCTION!! This Super 8 is located in southeast Kansas only 1.5 hours from Kansas City & Wichita. High revenue, strong cash flow and a solid business town make this a great fit for an owner/operator or absentee owner. Call today for details!

Property Details

Address 200 Bills Way, Iola KS 66749 (view map)
Price $2,625,000
Rooms 49
Price Per Key $53,571
Property Type Limited Service
Revenue Call or Email for CA

Executive Summary


The Super 8, built in 2006, is located off Highway 169 & Highway 54, in Iola, KS.  The city itself, located in southeast Kansas, has a population of 5500 and is the county seat of Allen County, which has a population of over 13,500.  The hotel has a total of 49 rooms, including whirlpool suites.  The hotel also features an elevator, which is unusual for a small-town property.  Recent improvements include newer interior paint throughout, beds, top of bedding & draperies.  Guest amenities include flat screen TV’s, an indoor pool & spa, guest laundry and ample truck and RV parking.   

The city of Iola, KS, located just 1.5 hours from Kansas City and Wichita, is somewhat of a well-kept secret.  It features a strong business climate with several companies, including Russell Stover Candies, Gates Corporation, Allen County Hospital and Allen Community College (enrollment of 600+).  Major attractions include Old Allen County Jail Museum, opened in 1869 and now on the National Registry of Historic Places. The Bowlus Fine Arts and Cultural Center attracts renowned performers and features artwork and crafts. 

This Super 8 features all the attributes of an attractive investment.  That is, increasing revenue, strong cash flow and an active business town.  When you visit, we are certain you will be impressed with this hotel. 

Contact an Associate

Dave Jones, Principal Dave Jones, Principal
913-499-4725 (office)
Send an Email

Hotel Description

  • $170,000 Price Reduction!!
  • Built 2006, A+ location situated off Highway 169 & 54
  • Attractive net operating income
  • Smoke free 
  • 2 floors w/elevator
  • Newer interior paint throughout
  • Newer beds, top of bedding & draperies
  • Whirlpool Suites
  • Flat screen TV’s
  • Fitness Room, Meeting Room
  • Indoor Pool & Spa
  • Guest Laundry
  • Ample Truck & RV Parking