Property Overview
Price/Rent PSF $ 1,400,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 16,822
Date Available 02/19/2019
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Floors 2
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Property is located South of Downtown Grove across from Honey Creek Bridge overlooking Highway 59. The Neosho River is located on three sides of the property, with the closest distance being .03 miles to the East.

The Cherokee Queen Motel & Restaurant is situated on 1.44 acres. Well Maintained Property. With year-round occupancy, this 33 room motel has a furnished living quarters for owner or manager, a one bedroom rental cabin, outdoor pool and large deck for customer enjoyment. There are 5 new studio apartments currently available. Property also features a turn-key restaurant w/ seating for approx. 125. The 1500 Sq Ft. Kitchen is equipped with upscale stainless steel appliances, stoves, hood, cooler, grills and an outside smoker building. Ample Parking. Great Investment!