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Property profile & analytics
OFF-MARKET
Motels
14 State St Iola, KS 66749-2816
Entity Owned
Free & Clear
Property ID
US33-0318270
Property summary
AI-generated overview
This exceptional 54-key hotel in Iola, Kansas, presents a compelling investment opportunity. Located at 14 N State St, this single-story, 5,564 square foot property sits on a 1.35-acre lot. Built in 1964, the Regency Inn boasts a high occupancy rate and strong financial performance, generating a year-to-date revenue of $450,000 (beginning February 2024) and a projected gross revenue of $600,000. The asking price is $1,750,000, representing an attractive 11.60% cap rate. This owner-user investment presents multiple revenue streams and significant potential for growth. The property's prime location in Allen County, Kansas (zip code 66749) offers excellent access to local amenities and attractions. This is a rare opportunity to acquire a well-established hotel with a proven track record of success in a thriving market. Detailed financial information is available upon request. The property is offered for sale by owner.
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1964
Construction
FRAME
Total area
5,564 SF
Lot
0.58 ac (25,200 SF)
APN
078-27-0-40-13-005.00-0
UPID
US33-0318270
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Regency Inn Iola Kansas - Top Branded Motel in Iola - Hwy 54 - Extended Stay Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
SAHDEV, LLC
SAHDEV, LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Iola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Iola submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,349
Tax year 2023
Assessed value
$30,858
Assessed 2023
Previous assessed
$23,420
+31.8% YoY
Effective rate
20.57%
On assessed value
Assessed land
$2,170
Assessed improvement
$28,688
Land market value
$8,680
Improvement market value
$114,750
Total market value
$123,430
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
1964
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
12
Total area
5,564 SF
Lot
0.58 ac (25,200 SF)
APN
078-27-0-40-13-005.00-0
UPID
US33-0318270
Jurisdiction
ALLEN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1964
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
12
Lot
0.58 ac
Current owner
From public records · entity-resolved
SAHDEV, LLC
Entity
Free & Clear · 0 yrs held
Mailing address
14 N STATE ST, IOLA, KS 66749-2816
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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